Glatfelter Corporation Stock Price, News & Analysis

Glatfelter Corporation (NYSE: GLT) announced the promotion of Ramesh Shettigar to Senior Vice President, Chief Financial Officer & Treasurer, effective May 6, 2022. This follows the resignation of Samuel L. Hillard, who leaves to pursue a new opportunity. Hillard's departure is unrelated to Glatfelter’s performance. Mr. Shettigar, who has been with the company since 2014, is recognized for his strong track record and financial expertise. Glatfelter, a global leader in engineered materials, reported $1.1 billion in net sales in 2021 and maintains a commitment to innovation and sustainability.

On March 23, 2022, Glatfelter Corporation (NYSE: GLT) announced participation in the NYSE Basic Materials Investor Access Day scheduled for March 31, 2022. Key executives, including Chairman and CEO Dante Parrini, CFO Samuel Hillard, and VP Ramesh Shettigar, will engage in invitation-only one-on-one meetings. Glatfelter is a global supplier of engineered materials with a focus on sustainability and innovation, producing nonwovens solutions for personal care, food and beverage, medical, and industrial applications. The company’s annualized net sales are approximately $1.4 billion.

Glatfelter Corporation (NYSE: GLT), a global leader in engineered materials, will present at the Sidoti & Company Spring Small Cap Virtual Conference on March 24, 2022, at 9:15 AM Eastern. Key executives, including Chairman and CEO Dante C. Parrini, CFO Samuel L. Hillard, and VP Ramesh Shettigar, will lead the presentation. Attendees can join the webcast through the provided link and access the presentation materials on Glatfelter’s Investors page. The company, based in Charlotte, NC, generates approximately $1.4 billion in annual sales and employs around 3,250 people globally.

Glatfelter Corporation (NYSE: GLT) has been nominated as a finalist for two IDEA^®22 awards. The nominations include the IDEA^® Nonwoven Product Achievement Award for its Sontara^® Silk facial sheet masks and the IDEA^® Sustainability Advancement Award for its partnership with Blue Ocean Closure and ALPLA. The awards recognize innovation and sustainability within the nonwovens market. Winners will be announced on March 30, 2022, at the IDEA^®22 show in Miami Beach.

Glatfelter Corporation (NYSE: GLT) has announced that Samuel L. Hillard, CFO, and Ramesh Shettigar, Vice President of ESG, will present at the JP Morgan Global High Yield and Leveraged Finance Conference on February 28, 2022, at 3:30 pm ET. Following the presentation, they will engage in one-on-one meetings with investors. The presentation will be accessible on Glatfelter's Investors page on the morning of the event. Glatfelter focuses on engineered materials and boasts annual sales of approximately $1.4 billion, employing over 3,300 people globally.

Glatfelter Corporation (NYSE: GLT) announced a cash dividend of $0.14 per share on its common stock. The dividend is payable on May 1, 2022, to shareholders of record as of April 1, 2022.

Headquartered in Charlotte, NC, Glatfelter is a global leader in engineered materials, boasting approximately $1.4 billion in annualized net sales and over 3,300 employees. The company specializes in innovative nonwoven solutions for various industries, emphasizing sustainability and technology.

Glatfelter Corporation (GLT) reported a fourth-quarter 2021 loss of $11.2 million ($0.25 per share), contrasting with a profit of $9.1 million from Q4 2020. Consolidated net sales rose to $334.5 million, up from $235.3 million a year earlier, driven by acquisitions and growth in Airlaid Materials. Despite price increases, soaring energy prices in Europe and rising input costs severely impacted profitability. Adjusted earnings also declined to $1.6 million from $9.6 million year-over-year. The company plans to implement strategic pricing actions amid ongoing market challenges.

Glatfelter Corporation (GLT) will release its 2021 fourth-quarter results on February 10, 2022, followed by a conference call at 11:00 AM ET. The earnings release will include significant financial data available on the company's Investor Relations website. Glatfelter, a leader in engineered materials, reported annualized net sales of approximately $1.4 billion and operates globally with over 3,300 employees. The company focuses on innovative nonwovens solutions across various sectors including personal care and hygiene, food and beverage filtration, and medical applications.