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MAGN-News
MAGN-Events
Magnera Enters Cooperative R&D Agreement with U.S. Army
Magnera announced it has entered into a cooperative research and development agreement, or CRADA, with the U.S. Army Combat Capabilities Development Command Army Research Laboratory to evaluate and advance next-generation battery separator technologies, supporting evolving energy requirements across defense, critical infrastructure, and commercial applications. The collaboration will leverage Magnera's OmniSep platform, an advanced separator technology engineered to enhance battery performance, safety, and reliability in demanding operating environments. Designed with high ionic conductivity, superior electrolyte wettability, and enhanced thermal stability1, OmniSep supports the power, efficiency, and safety requirements of next-generation battery systems.
Magnera Sells Caerphilly Operations to Polyart Group
Magnera announced the sale of its Caerphilly, UK operations to Polyart Group, a Prudentia Capital holding. Following a strategic portfolio review of its manufacturing technologies, products, and markets served, Magnera initiated an evaluation of strategic alternatives for its Caerphilly business that produces metallized paper for various end market applications, including premium labels, gift wrap and food packaging. The evaluation initiated a sale process for the operations, resulting in an agreement with the Polyart Group to purchase 100% of the shares of the Caerphilly business.
Magnera projects adjusted EBITDA of $380M-$410M for FY26
Sees FY26 free cash flow of $90M-$110M.
Magnera announces Q4 adjusted EBITDA of $90M, up from $66M a year ago.
Reports Q4 revenue $839M, two estimates $838M. Curt Begle, Magnera's CEO, commented: "I am very proud of what our team has accomplished not only this quarter but over the entire year. More than a year ago, we launched Magnera with a bold vision and a deep belief in what we could build together as an industry leader positioned for growth. I'm inspired by our team's relentless pursuit to perform and deliver results, exemplified by the stability of our cash flows. We delivered our EBITDA in range of guidance, exceeded our free cash flow target, and took steps to reduce our leverage in the quarter. We accomplished this amidst a soft macroeconomic environment proving the mission critical importance of our products. As we look forward to 2026, we are targeting to improve reported earnings by ~9% by delivering on our cost improvement and capacity optimization actions while working closely with our customers to provide solutions valued by the consumer."
Innventure Names Brown as Lead Independent Director
Innventure (INV) announced that its Board of Directors has appointed Bruce Brown to serve as the Company's first Lead Independent Director, effective immediately. His public company board experience includes current service on the board of Magnera Corporation (MAGN)
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