Smurfit Westrock CEO: US volumes in line with prior year in October
SW•Smurfit Westrock CEO said U.S. volumes in October were in line with last year and November orderbooks were reasonably good. The CEO described Mexican demand as as weak as he had seen in years.
1. Volumes and demand
Smurfit Westrock CEO said U.S. volumes in October were in line with last year and orderbooks were reasonably good for November. He said demand in the company's Mexican business was as weak as he had seen in years, while its footprint was continually being strengthened.
2. Cost assumptions
The CFO said the opening assumption for 2027 was likely to be that freight and energy costs would have to abate slightly at some point.
