Reynolds Consumer Products Inc

REYN

Equity

ISIN US76171L1061 / Valor 51160144

NASDAQ (2025-03-12)

USD 23.45-3.38%

Reynolds Consumer Products Inc
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Reynolds Consumer Products Inc. is a public company listed on Nasdaq with a mission to simplify daily life for consumers. The company focuses on providing essential household products that help people enjoy what matters most. Reynolds Consumer Products Inc. emphasizes its financial performance and commitment to Environmental, Social, and Governance (ESG) principles in its annual reports. ESG is a key component of the company's long-term business strategy, reflecting its dedication to responsible and sustainable operations.

Summarized from source with an LLMView SourceSector: Industrials

Third Quarter Net Revenues

In the third quarter of 2024, Reynolds Consumer Products Inc. reported net revenues that were in line with expectations. The company maintained a steady retail volume, reflecting consistent consumer demand for its household products.

Net Income and Adjusted EBITDA

Reynolds Consumer Products Inc. saw a 10% increase in net income and a 4% rise in adjusted EBITDA for the third quarter of 2024. These results were in line with the company's expectations, indicating strong operational performance.

Free Cash Flow and Debt Prepayment

The company continued to deliver strong free cash flow during the third quarter of 2024. Following the quarter's end, Reynolds Consumer Products Inc. made a $50 million debt prepayment, demonstrating its commitment to reducing leverage.

Quarterly Dividend Declaration

Reynolds Consumer Products Inc. declared a quarterly cash dividend of $0.23 per common share, payable on November 29, 2024, to shareholders of record as of November 15, 2024. This reflects the company's ongoing commitment to returning value to its shareholders.

Financial Outlook

Reynolds Consumer Products Inc. remains optimistic about its financial outlook for the remainder of 2024. The company continues to focus on operational efficiency and strategic initiatives to drive growth and profitability.

Summarized from source with an LLMView Source

Key figures

-19.1%1Y

-17.1%3Y

-6.46%5Y

Performance

19.6%1Y

20.9%3Y

24.2%5Y

Volatility