2024 marked a historic transformation in the global packaging industry as Smurfit Kappa Group (Ireland) and WestRock Company (USA) officially merged to form Smurfit Westrock plc. This strategic union has given rise to one of the worldโs most formidable paper-based packaging conglomerates, now listed on the New York Stock Exchange (NYSE: SW).
The much-anticipated 2024 Annual Report, released in March 2025, unveils the early financial and strategic success of this newly formed mega-player.
๐ Download or Purchase the Full Report PDF Here
๐ฐ Key Financial Highlights: Stability in Transition
Despite being a merger year, Smurfit Westrock delivered solid earnings and revenue performance across key regions.
๐ FY 2024 Performance Snapshot:
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Net Income: $319 million
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Adjusted EBITDA: $4.7 billion
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Fourth Quarter Sales: โ $7.5 billion
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Q4 Net Income: $146 million
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Q4 Adjusted EBITDA: $1.166 billion
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Outstanding Ordinary Shares: 521,964,165 (as of March 3, 2025)
This reflects not only operational resilience but also the seamless integration of operations across North America, Europe, and Latin America.
โWe are leveraging our combined strengths to drive long-term value for our customers and shareholders,โ the leadership commented in the MD&A section.
๐ Global Reach & Regional Strengths
Now operating in over 40 countries, Smurfit Westrock serves major markets across the globe. The company brings together:
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Smurfit Kappaโs leading position in European corrugated packaging
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WestRockโs broad customer base in North America and innovations in consumer packaging.
This positions Smurfit Westrock as the go-to partner for sustainable, innovative, and efficient packaging solutions in diverse end-use sectors: from FMCG and retail to pharmaceuticals and industrial goods.
๐ฟ ESG and Sustainability: A Central Pillar
The 2024 Annual Report and Sustainability Report clearly position Smurfit Westrock as a leader in circular packaging solutions. The company is pushing forward with goals such as:
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Net-zero emissions by 2050
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100% renewable and recyclable material usage
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Science-based targets across energy, water, and emissions
๐ Access the 2024 Sustainability Report
๐ง Strategic Integration and Vision Forward
This merger isnโt just about numbers. The Annual Report outlines a vision for:
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Smart manufacturing and automation
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Advanced data analytics and AI integration
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A customer-first strategy focused on co-innovation and regional responsiveness
๐ฅ Want the Full Report?
Looking to dive deeper into their revenue breakdown, business units, regional strategies, CAPEX, debt structure, and ESG disclosures?
๐ Purchase or Download the Full 2024 Annual Report of Smurfit Westrock plc
Whether youโre an investor, analyst, supply chain partner, or sustainability expert โ this report offers a wealth of insights you donโt want to miss.
๐ Why This Report Matters
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๐ผ For Investors: Understand the financial foundation of the merged entity
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๐ญ For Industry Professionals: Benchmark against a global leader in corrugated and fiber-based packaging
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๐ฑ For ESG Stakeholders: Analyze genuine commitments to environmental and social goals
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๐ For Researchers & Strategists: Get first-hand data from the worldโs largest paper-based packaging firm
๐ก Final Thoughts
The Smurfit Westrock merger is more than a business dealโitโs a strategic redefinition of the packaging landscape. Their 2024 Annual Report not only reflects stability but outlines a strong path for global innovation, profitability, and sustainability.
๐ Get instant access to the full financial breakdown, ESG strategy, and executive insights by downloading the report now.