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Financial

Magnera Reports Q2 Results

Sales decline to $796 million from $824 million

financial news

Magnera’s net sales in the second quarter of 2026 were $796 million, down from $824 million in the second quarter of 2025. The net sales decline included a $57 million decrease in selling prices, primarily due to product mix and pass-through of lower raw material costs and a 2% organic volume decline partially offset by favorable foreign currency changes of $48 million. The volume decline was primarily attributed to winter storm disruptions in North America and general market softness in Europe.

In the Americas segment, net sales in the second quarter of 2026 were $437 million, down from $473 million in the second quarter of 2025. The net sales decline included a $42 million decrease in selling prices primarily due to product mix, pass-through of lower raw material costs and a 1% organic volume decline. The volume decline was primarily attributed to winter storm disruptions in North America.

In the Rest of World segment, net sales in the second quarter of 2026 were $359 million, up from $351 million in the second quarter of 2025. The net sales increase included a favorable foreign currency change of $37 million, partially offset by a $15 million decrease in selling prices primarily due to product mix, pass-through of lower raw material costs and a 4% organic volume decline. The volume decline was primarily attributed to general market softness in Europe.

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