EX-99.1 2 ef20072634_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 News Release Magnera Reports Second Quarter Second Quarter Highlights GAAP: Net sales of $796 million, Operating income of $17 million Non-GAAP: Adjusted EBITDA of $90 million Free cash flow $73 million, representing a twelve-month adjusted free cash flow yield of over 40% as of quarter-end Curt Begle, Magnera’s CEO, commented: “Magnera delivered a solid second quarter in line with our expectations as we remain steadfast during this time of significant global uncertainty to deliver on our full-year 2026 Adjusted EBITDA and free cash flow guidance. We made $36 million in debt repayments during the quarter and generated $73 million of free cash flow demonstrating our disciplined focus on operational excellence, capex deployment, and working capital improvement initiatives. Since the start-up of Magnera, we have demonstrated the resiliency of our business against an on-going challenging global macro environment. Our strategic focus remains centered on the pillars of cost optimization, portfolio differentiation, and commercial excellence. Our disciplined commitment to these priorities will continue t…
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
Magnera Corporation
MAGNNYSEEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On May 7, 2026, the Company reported its results of operations for the quarter ended March 28, 2026. A copy of the press release issued by the Company is furnished herewith as Exhibit 99.1.
Company context
Magnera Corporation (NYSE: MAGN) serves 1,000+ customers worldwide, offering a wide range of material solutions, including components for absorbent hygiene products, protective apparel, wipes, specialty building and construction products, and products serving the food and beverage industry. Operating across 44 global facilities, Magnera is supported by over 8,000+ employees. Magnera’s purpose is to better the world with new possibilities made real. For more than 160 years, the Company has delivered the material solutions their partners need to thrive. Through economic upheaval, global pandemics and changing end-user needs, we have consistently found ways to solve problems and exceed expectations. The distinct scale and comprehensive portfolio of products brings customers more materials and choices. Magnera builds personal partnerships that withstand an ever-changing world.