Tredegar | 8-K: FY2025 Q1 Revenue: USD 164.74 M

Revenue: As of FY2025 Q1, the actual value is USD 164.74 M.

EPS: As of FY2025 Q1, the actual value is USD 0.02.

EBIT: As of FY2025 Q1, the actual value is USD 1.248 M.

Aluminum Extrusions Segment

• Net Sales: $133.6 million in Q1 2025, up 17.0% from $114.2 million in Q1 2024.
• EBITDA from Ongoing Operations: $9.2 million in Q1 2025, down 27.0% from $12.5 million in Q1 2024.
• Sales Volume: 37.9 million pounds in Q1 2025, up 12.0% from 33.8 million pounds in Q1 2024.
• Net New Orders: Increased 36% in Q1 2025 compared to Q1 2024.

PE Films Segment

• Net Sales: $25.5 million in Q1 2025, up 3.2% from $24.7 million in Q1 2024.
• EBITDA from Ongoing Operations: $7.5 million in Q1 2025, up 8.9% from $6.9 million in Q1 2024.
• Sales Volume: 9.6 million pounds in Q1 2025, down 4.0% from 10.0 million pounds in Q1 2024.

Cash Flow

• Net Cash Used in Operating Activities: - $5.0 million in Q1 2025 compared to - $7.7 million in Q1 2024.
• Net Cash Provided by Investing Activities: $6.9 million in Q1 2025 compared to - $2.4 million in Q1 2024.
• Net Cash Used in Financing Activities: - $5.3 million in Q1 2025 compared to $2.0 million in Q1 2024.

Unique Metrics

• Net Debt: $52.9 million as of March 31, 2025, down from $54.8 million as of December 31, 2024.
• Net Leverage Ratio: 1.1x at the end of March 2025.

Outlook / Guidance

• The company expects the balance of the year to normalize for PE Films, with no adverse impact on customer demand related to potential tariff actions observed so far.
• The implementation of new Section 232 tariffs on aluminum imports is expected to benefit the industry by preventing below-fair-value pricing of certain imports.
• The company refinanced its $125 million asset-based lending facility for a five-year term, ensuring liquidity to support business needs.