Tredegar Q2 FY26 net income rises to $6.02 million; sales climbs 20.73% to $216.24 million
TG•Quarterly results
- Tredegar posted GAAP net income of $6.02 million, up from $1.73 million, on sales of $216.24 million, up 20.73%.
- GAAP diluted EPS from continuing operations rose to $0.17 from $0.05; consolidated non-GAAP EBITDA from ongoing operations increased to $14.2 million from $10 million.
- Aluminum Extrusions non-GAAP EBITDA from ongoing operations climbed 56.3% to $14.51 million as net sales rose 24.1% to $184.13 million.
- High Performance Films non-GAAP EBITDA from ongoing operations fell 13.9% to $5.78 million despite net sales rising 4.2% to $25.64 million.
Management outlook
CEO Arijit (Bapi) DasGupta said “One Tredegar” cost and operating initiatives should start to materialize in six to nine months; FIFO benefits are expected to be neutralized in Q3.
