Mativ Holdings Stock Price, News & Analysis

Mativ Holdings, Inc. (NYSE: MATV) reported a strong third quarter of 2022 with sales reaching $674.1 million, a 76% increase, and 12% organic growth. The merger with Neenah led to significant sales in various sectors. However, the company reported a GAAP EPS of $(0.43) due to merger expenses. Adjusted EPS stood at $0.74, showcasing operational resilience. The ongoing integration and $65 million cost synergy plan are on track. Despite challenges from inflation and a cybersecurity incident, Mativ expects EBITDA growth to continue into 2023 with net leverage projected below 3.75x by year-end.

Mativ Holdings, Inc. (NYSE: MATV) will announce its third quarter 2022 results after market close on November 9, 2022, with a conference call following on November 10, 2022, at 8:30 a.m. Eastern Time. The call will be accessible online, accompanied by a presentation available on Mativ's website. Participants can join using a variety of local and toll-free numbers provided in the PR. A replay will be available shortly after the call until November 17, 2022.

Mativ Holdings, Inc. (MATV) will announce its third quarter 2022 results after market close on November 9, 2022. A conference call discussing the results is scheduled for November 10, 2022, at 8:30 a.m. ET. Participants can access the call and accompanying presentation via the company's website and a dedicated conference call link. A replay of the call will be available shortly after its conclusion and accessible until November 17, 2022.

Mativ Holdings, Inc. (NYSE: MATV) announced its participation in the Sidoti Virtual Investor Conference on September 22, 2022, at 9:15 am E.T. Investors can access the live webcast via this link or through the company's investor relations website at ir.mativ.com. The company, based in Alpharetta, Georgia, specializes in critical components and engineered solutions, operating globally with over 7,500 employees.

Mativ Holdings, Inc. (NYSE: MATV) announced its relocation of headquarters to Alpharetta, Georgia, to enhance employee experience and foster innovation. The move involves leasing 35,000 square feet at 100 Kimball Place, consolidating over 150 employees from two former locations. This new space, expected to be customized by early Q2 2023, aims to attract top talent while maintaining a strong local presence.

CEO Julie Schertell emphasized the importance of this location for high-growth opportunities in the Atlanta metro region.

Mativ Holdings, Inc. (MATV) announced its participation in the Sidoti August 2022 Micro-Cap Virtual Conference, scheduled for August 17 at 8:30 am E.T. The live webcast can be accessed through the provided links. Mativ is a leader in specialty materials, headquartered in Alpharetta, Georgia, employing over 7,500 individuals globally. The company operates in two segments: Advanced Technical Materials and Fiber-Based Solutions, serving various end-markets, including healthcare and sustainable packaging. Mativ emphasizes innovation in materials science and global manufacturing capabilities.

Mativ Holdings, Inc. (MATV) reported Q2 2022 results, showing a 13% increase in sales to $426.4 million, with organic growth at 11%. GAAP EPS was $0.36, up from $0.06, while adjusted EPS decreased 4% to $0.86. The merger with Neenah and SWM International completed in July 2022 aims for $65 million in cost synergies. Mativ projects Adjusted EBITDA between $210 to $230 million for the second half of 2022 and announced a $1.60 annualized dividend per share, payable on September 23, 2022. Management expressed confidence in financial outlook and synergy execution.

Mativ Holdings, Inc. (NYSE: MATV) is set to announce its second quarter 2022 results on August 9, 2022, after market close. A conference call will follow on August 10, 2022, at 8:30 a.m. Eastern Time, where management will discuss the earnings results. Interested parties can access the call via the provided link and are encouraged to log in at least 15 minutes early. For those unable to listen live, a digital recording will be available shortly after the call, with details on how to access the recording included in the press release.

Mativ Holdings, Inc. (NYSE: MATV) announced the successful merger of Schweitzer-Mauduit International, Inc. and Neenah, Inc., effective July 6, 2022. This merger creates a global leader in specialty materials with approximately $3 billion in sales and operations across four continents. Mativ aims to deliver over $65 million in cost synergies and enhance growth opportunities. Starting July 6, 2022, Mativ will trade under the new ticker symbol 'MATV'. The company plans to report its financials in two segments: Advanced Technical Materials and Fiber-Based Solutions.