Smurfit Westrock (SW) Company Overview

SW's results for the fourth quarter are expected to show a demand for packaging in food, drinks, and medicines, along with an increase in online shopping. However, these positive factors may be balanced out by rising costs.

DUBLIN--(BUSINESS WIRE)--Smurfit Westrock plc (NYSE:SW, LSE:SWR) has announced that its Board has approved a quarterly dividend of $0.4308 per share for its ordinary shares. This dividend will be paid on March 18, 2025, to shareholders who are on record as of the end of business on February 14, 2025. The key dates for this dividend are the ex-dividend date on February 14, 2025, and the record date.

DUBLIN--(BUSINESS WIRE)--THIS INFORMATION IS NOT TO BE RELEASED, DISTRIBUTED, OR PUBLISHED, IN FULL OR IN PART, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA, OR ANY OTHER LOCATION WHERE IT WOULD BE ILLEGAL. Smurfit Westrock plc (NYSE: SW, LSE: SWR) and its subsidiaries have announced the successful completion of a U.S. dollar offering totaling $850 million in senior debt.

The merger of Smurfit Westrock is a key factor for growth, improving synergies and operational efficiency. This will position the company as a leader in careful capital management. Additionally, lower oil prices could benefit Smurfit Westrock, which is sensitive to energy costs and relies heavily on recycled paper prices, and it currently trades at a lower value compared to its competitors. We maintain our buy recommendation.

SW's Q3 results are expected to show a demand for packaging in food, drinks, and medicines, along with an increase in online shopping. However, these positive factors may be balanced out by rising costs.

ATLANTA--(BUSINESS WIRE)--Smurfit Westrock plc has announced that its fully owned subsidiary, WRKCo Inc. (“WRKCo”), has requested a decision from the Autorité des marchés financiers (the “AMF”), which is its main securities regulator in Canada, to confirm that it is no longer a reporting issuer (the “Order Sought”) in Québec, Manitoba, and British Columbia (the “Canadian Jurisdictions”). WRKCo currently has eight series of outstanding notes, totaling a principal amount of US$600 million.

Smurfit Westrock (SW) has reported a year-on-year drop in sales for the second quarter, mainly because of reduced average box prices in their European operations, which countered the gains in corrugated volumes.