Pyxus International (OTCMKTS:PYYX) reported a sharply higher fourth quarter and record full-year adjusted EBITDA for fiscal 2026, with management pointing to strong shipment volumes, disciplined cost control and improved leverage as key outcomes from a year marked by shifting tobacco leaf supply conditions.
President and CEO Pieter Sikkel said fiscal 2026 ended with an “exceptional fourth quarter,” as net sales rose 35.2% from the prior-year period and full-year adjusted EBITDA reached a record $226.7 million, up 8.8% from fiscal 2025. He said the result marked the company’s fourth consecutive year of adjusted EBITDA growth.