Overview
* Ranpak ( PACK ) Q2 revenue rises 6.8% yr/yr, but misses analysts' expectations
* Net loss narrows to $7.5 mln, beats analysts' estimates
* Adjusted EBITDA down 15.8%, missing expectations
Outlook
* Ranpak forecasts H2 2025 net revenue of $216 - $230 mln
* Company expects H2 2025 AEBITDA of $44.5 - $54.5 mln
* Ranpak ( PACK ) sees 2025 Automation net revenue at $40 - $45 mln
* Company anticipates 3-5% gross margin improvement in North America in H2 2025
Result Drivers
* NORTH AMERICA E-COMMERCE - Revenue growth driven by strength in North American e-commerce
* COST REDUCTION INITIATIVES - Company executed cost reduction initiatives including headcount reduction and logistics optimization
* VOLUME DECLINE - AEBITDA affected by lower volumes in Europe and APAC, and higher production costs in North America
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Miss $92.30 $94.50
Revenue mln mln (3
Analysts
)
Q2 Net Beat -$7.50 -$7.81
Income mln mln (2
Analysts
)
Q2 Miss $16.50 $18.90
Adjusted mln mln (2
EBITDA Analysts
)
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the paper packaging peer group is "buy"
* Wall Street's median 12-month price target for Ranpak Holdings Corp ( PACK ) is $6.00, about 41% above its August 4 closing price of $3.54
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)