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Smurfit WestRock PLC T.SW


Primary Symbol: SW

Smurfit Westrock plc is a multinational provider of sustainable fiber-based paper and packaging solutions. Its segments include Europe, the Middle East and Africa (MEA), and Asia-Pacific (APAC); North America, which includes operations in the United States., Canada and Mexico. The Europe, MEA and APAC, North America, and LATAM segments include a system of mills and plants that primarily produce a full line of containerboard that is converted into corrugated containers within each segment or is sold to third parties. In addition, the Europe, MEA and APAC segment also produces types of paper, such as solid board, sack kraft paper, machine glazed and graphic paper; and other paper-based packaging, such as honeycomb, solid board packaging, folding cartons, inserts and labels, and bag-in-box packaging. The LATAM segment comprises forestry; types of paper, such as boxboard and sack paper, and paper-based packaging, such as folding cartons, honeycomb and paper sacks.


NYSE:SW - Post by User

Comment by Possibleidiot01on Aug 13, 2021 9:53am
149 Views
Post# 33700058

RE:Second Quarter 2021 Results

RE:Second Quarter 2021 ResultsVery good quarter in the rear view mirror.
Unfortunately market focusing on the next quarter - "Demand for our products remains very strong. However, we are experiencing production interruptions due to COVID-19 cases at a contract manufacturing facility in Vietnam. This is impacting our ability to build and ship cellular embedded modules and gateways to our customers in the third quarter of 2021. While limited production has resumed at the Vietnam facility and we are currently building our resilience by ramping up multiple locations, including our new Mexico site for gateways and routers, the ongoing impact of these interruptions is highly uncertain. This is expected to have a material negative impact on our financial condition and results of operations, including production capacity, revenue, gross margin percentage, gross margin dollars, profit, and cash in the third quarter of 2021.
 Supply chain issues probably persist beyond the next quarter but one encouraging thing is the company's size seems to be giving it some pull with suppliers>
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