Smurfit Westrock jumps as Q1 update reaffirms 2026 EBITDA outlook, declares dividend
Smurfit Westrock shares are rising after its April 30, 2026 Q1 results and outlook update, which reaffirmed full-year 2026 Adjusted EBITDA guidance of $5.0–$5.3 billion and guided Q2 Adjusted EBITDA to $1.1–$1.2 billion. The company also declared a $0.4523 quarterly dividend payable June 10, 2026 and launched a review that could lead to delisting from the London Stock Exchange.
1. What’s moving the stock
Smurfit Westrock (SW) is trading higher as investors react to the company’s first-quarter 2026 earnings release and management’s near-term outlook update issued on April 30, 2026. The key driver is guidance: management said it expects second-quarter Adjusted EBITDA of $1.1–$1.2 billion and reaffirmed its full-year 2026 Adjusted EBITDA expectation of $5.0–$5.3 billion, helping stabilize sentiment after a mixed quarter that included weather-related disruption. (smurfitwestrock.com)
2. Q1 results and key figures
For the quarter ended March 31, 2026, Smurfit Westrock reported net sales of $7.712 billion, net income of $63 million, and Adjusted EBITDA of $1.076 billion (14.0% margin). Management noted results were negatively impacted by $65 million from adverse weather events, primarily in North America, which weighed on profitability metrics versus the prior year period. (investors.smurfitwestrock.com)
3. Dividend and listing review add to the catalyst mix
The board approved a quarterly dividend of $0.4523 per ordinary share, payable June 10, 2026 to shareholders of record as of May 15, 2026. Separately, the company said it is reviewing its London Stock Exchange listing and that the process may result in a delisting from the LSE, with an update expected after the review concludes during May 2026; the NYSE listing is not part of that review. (smurfitwestrock.com)