Tredegar Corporation (TG) reported net income of 5 cents per share for the second quarter ended June 30, 2025, a significant decrease from 27 cents per share a year earlier. Total sales rose 16.4% year over year to $179.1 million, driven mainly by Aluminum Extrusions, although consolidated EBITDA from ongoing operations fell 43.2% to $10 million.
The company’s stock has declined 7.1% since the earnings report, with a 14.4% drop over the past month, compared to a 1.7% gain for the S&P 500 index. CEO John Steitz indicated that manufacturing inefficiencies and rising costs impacted profitability, though improvements are expected going forward.
Tredegar’s balance sheet shows $62.6 million in total debt and $9.8 million in cash, with net debt having slightly improved since year-end 2024. The company anticipates capital expenditures of $17 million for Aluminum Extrusions and $2 million for PE Films in 2025.