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Magnera Corporation reported third-quarter fiscal 2026 net sales of $857 million, a 2% increase from $839 million in the prior-year period, driven by favorable foreign currency and organic volume growth. Non-GAAP adjusted EBITDA rose 9% to $99 million from $91 million a year earlier, helped by a favorable price cost spread of $11 million. The company reaffirmed its full-year free cash flow guidance of $90 million to $110 million but now expects adjusted EBITDA to finish toward the lower end of its previous range, citing persistent inflationary pressures and macroeconomic uncertainty. Americas adjusted EBITDA increased 16% to $71 million, while Rest of World adjusted EBITDA declined 7% to $28 million due to regional inflation and pricing timing lags in Europe. Management highlighted the launch of the Universa industrial wiper line and said merger synergies and Project CORE benefits of $20 million in additional run rate are expected to carry over into fiscal 2027.

Magnera reported its strongest quarter since formation, with fiscal third-quarter revenue of $857 million and adjusted EBITDA of $99 million, up 9% year over year. Organic sales grew 1%, led by wipes and infrastructure products, while Americas adjusted EBITDA rose 16% to $71 million. The company maintained its full-year free-cash-flow outlook of $90 million to $110 million but expects adjusted EBITDA near the low end of its prior range, citing persistent inflation and macroeconomic uncertainty. Magnera also lowered expected annual capital expenditures to about $60 million and anticipates roughly $20 million of run-rate synergies and Project CORE benefits to carry into fiscal 2027.