Tredegar Reports Q1 Revenue of $186.5 Million
Reports Q1 revenue $186.5M vs. $164.7M last year. Arijit DasGupta, Tredegar's president and chief executive officer, said, "Bonnell had a good quarter in the face of challenging market conditions, tariff-driven cost pressures, and softer net new orders after the mid-year 2025 Section 232 tariff increase. Their ability to improve under these circumstances reinforces our confidence in the business and its long-term trajectory. In High Performance Films, sales volume for surface protection films softened as expected due to a significant customer's inventory correction and scheduled maintenance activity for another customer. Both of our business units continue to lead with deep, long-standing customer relationships and differentiated value propositions. As we continue to bring the organization together as One Tredegar, we continue to focus on operational excellence and productivity improvements and see substantial opportunities to leverage best practices across the enterprise, enhance efficiency, reduce costs, and strengthen profitability, positioning the company for long-term value creation."