Welcome to our dedicated page for Magnera news (Ticker: MAGN), a resource for investors and traders seeking the latest updates and insights on Magnera stock.
Magnera Corporation (NYSE: MAGN) is a global specialty materials company that serves more than 1,000 customers worldwide, with products that include components for absorbent hygiene items, protective apparel, wipes, specialty building and construction products, and products serving the food and beverage industry. This news page aggregates company announcements, earnings releases, and other public updates related to MAGN stock.
Readers can use this feed to follow Magnera’s quarterly and annual financial results, as the company regularly issues press releases detailing net sales, operating income, adjusted EBITDA, cash flow from operations, and other performance metrics. These releases often discuss the impact of transactions such as the Glatfelter merger, segment performance in the Americas and Rest of World, and the use of non‑GAAP measures like adjusted EBITDA and free cash flow.
Magnera’s news flow also includes updates on strategic and operational initiatives. The company has publicly described Project CORE (Capacity Optimization and Resource Efficiency), a transformation program aimed at optimizing its global footprint and resource allocation. As part of this initiative, Magnera announced the halt of production and wind‑down of operations at its Pilar, Argentina site, while emphasizing continued service to customers through its broader network.
In addition, Magnera issues notices about upcoming earnings calls, investor presentations, and participation in conferences such as leveraged finance, global materials, and industrials and chemicals events. These announcements provide details on webcast access, timing, and topics to be discussed by management.
For investors tracking MAGN news, this page offers a centralized view of company communications, including financial updates, transformation steps, and investor relations events that may be relevant to understanding Magnera’s business and outlook as disclosed in its public statements.
Magnera (NYSE: MAGN) has announced it will release its 2025 second quarter financial results before the market opens on Wednesday, May 7, 2025. The company will make the earnings release and investor presentation available on its website following the announcement.
A conference call with Magnera's Executive team is scheduled for 10:00 AM ET on May 7, 2025, to discuss the Q2 results. The call will include a Q&A session and webcast option. An archived version of the webcast will be accessible on the company's Investor Relations website approximately two hours after the Q&A session.
Magnera (NYSE: MAGN) has announced its participation in JP Morgan's Global Leveraged Finance Conference in Miami Beach, Florida. The company will be represented by CEO Curt Begle and CFO & Treasurer Jim Till, who are scheduled to present on Tuesday, February 25, 2025, at 5:15 p.m. EST.
Magnera (NYSE: MAGN) has announced its participation in JP Morgan's Global Leveraged Finance Conference in Miami Beach, Florida. The company will be represented by CEO Curt Begle and CFO & Treasurer Jim Till, who are scheduled to present on Thursday, February 25, 2025, at 5:15 p.m. EST.
Magnera (NYSE: MAGN) has reported its Q1 fiscal 2025 results following its merger with Berry Global Group's nonwovens and hygiene films business with Glatfelter on November 4, 2024. The company posted net sales of $702 million, representing a 35% increase, though it recorded an operating loss of $22 million. The adjusted EBITDA reached $84 million, up 27% from the previous year.
For fiscal year 2025, Magnera projects comparable adjusted EBITDA of $385-405 million and post-merger adjusted free cash flow of $75-95 million. The company maintains a strong focus on debt reduction, with current total net debt at $1,781 million and a leverage ratio of 4.0x. The merger contributed $186 million in revenue and $16 million in adjusted EBITDA since closing.
Magnera (NYSE: MAGN) has announced it will release its 2025 first quarter financial results before the market opens on Thursday, February 6, 2025. The company will host a conference call and webcast at 10:00 AM ET on the same day to discuss the results.
The earnings release will be made available on Magnera's website, and investors can participate in the Q&A session through pre-registration. An archived version of the webcast will be accessible approximately two hours after the live session through the company's Investor Relations webpage.
Magnera (NYSE: MAGN) has emerged as the world's largest nonwovens company following the merger between Berry Global Group's Health, Hygiene and Specialties Global Nonwovens and Films business and Glatfelter. The new entity will begin trading on NYSE under 'MAGN' on November 5, 2024. The combined company operates 46 global manufacturing facilities serving over 1,000 customers across various sectors including adult incontinence, baby care, feminine hygiene, and healthcare. Under the Reverse Morris Trust transaction, Berry stockholders received 0.276305 Magnera shares for each Berry share, representing 90% ownership of Magnera, with Glatfelter shareholders owning the remainder.
Berry Global Group (NYSE: BERY) has completed the merger of its Health, Hygiene and Specialties Global Nonwovens and Films business with Glatfelter , creating Magnera (NYSE: MAGN), the world's largest nonwovens company. Through a Reverse Morris Trust transaction, Berry stockholders received 0.276305 Magnera shares for each Berry share held as of November 1, 2024, resulting in Berry stockholders owning 90% of Magnera while Glatfelter shareholders retained 10%. Berry stockholders maintain their existing Berry shares alongside the new Magnera allocation. Trading of Magnera on NYSE under 'MAGN' begins November 5, 2024.