As of November 5, 2024, Smurfit Westrock plc had 520,156,112 ordinary shares issued and outstanding, each with a nominal value of $0.001. The company reported significant growth in net sales for the three months ended September 30, 2024, reaching $7,671 million, a substantial increase from $2,915 million during the same period in 2023. For the nine months ended September 30, 2024, net sales totaled $13,570 million, compared to $9,231 million in the prior year.
Despite the increase in sales, the company experienced a net loss attributable to common stockholders of $(150) million for the three months ended September 30, 2024, a decline from net income of $229 million in the same period of 2023. For the nine-month period, net income attributable to common stockholders was $173 million, down from $777 million in the previous year.
Gross profit for the three months ended September 30, 2024, was reported at $1,350 million, an increase from $742 million in the same period of 2023. However, operating profit decreased to $55 million from $354 million year-over-year. Additionally, net cash provided by operating activities for the nine months ended September 30, 2024, was $702 million, down from $948 million in the same period of 2023.
Capital expenditures for the nine months ended September 30, 2024, amounted to $897 million. The company’s total assets as of September 30, 2024, were $45,029 million, a significant increase from $14,051 million as of December 31, 2023. Total liabilities also rose to $27,037 million from $7,877 million during the same timeframe. Consequently, total stockholders' equity increased to $17,965 million, up from $6,158 million as of December 31, 2023.
About Smurfit Westrock plc
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