Welcome to our dedicated page for Tredegar news (Ticker: TG), a resource for investors and traders seeking the latest updates and insights on Tredegar stock.
Tredegar Corporation reports developments across an industrial manufacturing business built around Aluminum Extrusions and High Performance Films. Its aluminum operations, conducted through Bonnell Aluminum, produce custom-fabricated and finished extrusions for building and construction, automotive, transportation, consumer durables, machinery and equipment, electrical, renewable energy and distribution markets.
Recurring TG news includes quarterly and annual operating results, segment demand trends, non-GAAP reconciliations, operational productivity initiatives, and product or market commentary such as TSLOTS aluminum framing systems. Company updates also cover High Performance Films, surface protection films for high-technology electronics applications, board and executive leadership changes, and Bonnell Aluminum commercial leadership developments.
Tredegar Corporation (NYSE:TG) announced plans to release its fourth quarter financial results for 2022 on March 16, 2023. The company operates in industrial manufacturing across three sectors: custom aluminum extrusions, surface protection films, and specialized polyester films, generating $826 million in sales from continuing operations in 2021. With around 2,400 employees, Tredegar maintains manufacturing facilities in North America, South America, and Asia.
Tredegar Corporation (NYSE:TG) announces the retirement of John D. Gottwald as chairman of the board on January 6, 2023, after over 30 years of service. He is succeeded by Gregory A. Pratt, who joined the board in 2014 and has been the lead independent director since 2016. During his tenure, Gottwald was appreciated for his leadership and commitment to value creation. Tredegar specializes in custom aluminum extrusions, surface protection films, and specialized polyester films, reporting $826 million in 2021 sales.
The board of directors of Tredegar Corporation (NYSE:TG) declared a quarterly dividend of $0.13 per share on the company’s common stock. This dividend is payable on January 1, 2023 to shareholders of record as of the close of business on December 16, 2022. In 2021, Tredegar generated sales of $826 million from continuing operations and operates in North America, South America, and Asia across three primary business segments: custom aluminum extrusions, surface protection films, and specialized polyester films.
Tredegar Corporation (NYSE:TG) reported third quarter 2022 results with net income from continuing operations of $1.0 million, down from $6.2 million in Q3 2021. EBITDA from ongoing operations for Aluminum Extrusions stood at $12.1 million, consistent with last year, while PE Films saw a significant decline to $0.4 million. The company faced challenges such as decreased demand and high inventory levels, with total debt increasing to $124.0 million. Despite some positive trends in flexible packaging films, the outlook remains uncertain due to recessionary concerns.
Tredegar Corporation (NYSE:TG) will announce its third quarter 2022 financial results on November 9, 2022. The company operates in three sectors: custom aluminum extrusions, surface protection films, and specialized polyester films.
In 2021, Tredegar reported sales of $826 million from continuing operations and employs approximately 2,300 people across its manufacturing facilities in North America, South America, and Asia.
Tredegar Corporation (NYSE:TG) reported its second quarter results for 2022, showing net income from continuing operations of $14.8 million ($0.44/share), down from $20.7 million ($0.61/share) in Q2 2021. Ongoing operations earned $17.1 million ($0.51/share), up from $16.1 million ($0.48/share). EBITDA for Aluminum Extrusions rose by $2.2 million, while PE Films and Flexible Packaging Films witnessed declines in EBITDA. The company noted a strong cash generation, with debt net of cash decreasing by $32 million. However, the backlog showed signs of decline, indicating possible future downturns due to lower bookings.
The board of directors of Tredegar Corporation (NYSE:TG) has declared a quarterly dividend of $0.13 per share, payable on October 1, 2022. Shareholders of record will be noted as of September 16, 2022. Tredegar is an industrial manufacturer specializing in custom aluminum extrusions, surface protection films, and specialized polyester films, with reported sales of $826 million in 2021. The company operates globally, employing approximately 2,400 staff across North America, South America, and Asia.
Tredegar Corporation (NYSE:TG) is set to announce its Q2 2022 financial results on August 8, 2022. The company specializes in three primary areas: custom aluminum extrusions for North American construction and automotive markets, surface protection films for the electronics industry, and specialized polyester films for flexible packaging in Latin America. Tredegar reported $826 million in sales from continuing operations in 2021 and employs about 2,400 staff across its manufacturing facilities in North America, South America, and Asia.
Tredegar Corporation (NYSE:TG) reported a strong first quarter for 2022, with net income from continuing operations increasing to $16.5 million ($0.49 per diluted share), up from $9.6 million ($0.29 per diluted share) in Q1 2021. EBITDA from ongoing operations rose significantly to $23.9 million for Aluminum Extrusions, despite lower sales volume. Challenges included labor shortages and supply chain issues. Debt increased by $63.2 million, largely due to a $50 million pension plan contribution. Overall, the company remains optimistic with high booking levels and ongoing efforts to recover from prior sales declines.
The board of directors of Tredegar Corporation (NYSE:TG) has declared a quarterly dividend of $0.12 per share on its common stock. This dividend is payable on July 1, 2022, to shareholders of record at the close of business on June 17, 2022. Tredegar, an industrial manufacturer, reported $826 million in sales from continuing operations in 2021 and employs approximately 2,400 individuals across manufacturing facilities in North America, South America, and Asia.