Welcome to our dedicated page for Minerals Tech news (Ticker: MTX), a resource for investors and traders seeking the latest updates and insights on Minerals Tech stock.
Minerals Technologies Inc. (NYSE: MTX) is a global, technology-driven specialty minerals company whose news flow reflects activity across consumer, industrial, and environmental markets. Company announcements highlight developments in mineral-based products, related systems, and services that support household, food and pharmaceutical, paper, packaging, automotive, construction, and environmental applications.
Investors and followers of MTX news can expect regular updates on segment performance for the Consumer & Specialties and Engineered Solutions segments, including details on product line trends such as Household & Personal Care, Specialty Additives, High-Temperature Technologies, and Environmental & Infrastructure. Earnings releases and conference call notices provide insight into sales, operating income, margins, and cash flow, along with management commentary on demand patterns and growth initiatives.
MTI’s news also covers capital investments and capacity expansions. Recent announcements describe expansions of paper and packaging satellite plants in Asia, investments in pet care facilities for the SIVO™ private label cat litter business in the United States, Canada, and China, and projects at the Uşak City, Turkey plant to support the Rafinol™ natural oil purification product line for renewable fuels and edible oils.
Environmental and sustainability topics feature in MTI’s communications, including its annual Sustainability Report and updates on technologies such as FLUORO-SORB® for PFAS remediation. Participation in industry and investor conferences, dividend decisions, and share repurchase activity are also common themes. This news page aggregates these updates so readers can follow how MTI’s specialty minerals technologies, segment strategies, and capital deployment decisions evolve over time.
Minerals Technologies Inc. (MTX) will announce its third quarter results for the period ending October 2, 2022, on October 27, 2022, post-market. A conference call to discuss these results is scheduled for October 28, 2022, at 11:00 a.m. Eastern Time. This call will be available via webcast on the company’s website. In 2021, MTI reported sales of $1.9 billion, serving various industries including consumer products, paper, and energy.
Minerals Technologies Inc. (MTX) reported a record second quarter for 2022, with sales of $557 million, representing a 22% year-over-year increase and a 27% rise on a constant currency basis. Operating income reached $69 million, or $74 million excluding special items, marking a 15% YoY growth. The company achieved EPS of $1.50 excluding special items, a 16% increase compared to the previous year. MTX also announced the acquisition of Concept Pet, enhancing its portfolio. Shareholders benefited from $26 million returned through repurchases and dividends.
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Minerals Technologies Inc. (MTX) announced a quarterly dividend of $0.05 per share, payable on September 9, 2022, to stockholders recorded on August 19, 2022. In 2021, the company achieved sales of $1.9 billion, showcasing its role as a global provider of specialty mineral products across various industries including consumer products, paper, and construction.
Minerals Technologies Inc. (MTX) has scheduled its second-quarter results announcement for July 28, 2022, following market close. The conference call for discussing these results will take place on July 29, 2022, at 11:00 a.m. Eastern Time. Investors can access the webcast through the company's official website, where they will find further details under the 'Investor Relations' section. In 2021, MTI reported sales of $1.9 billion and continues to provide innovative mineral-based solutions across various industries.
Minerals Technologies Inc. (NYSE: MTX) announced the election of Rocky Motwani to its Board of Directors. Motwani brings over 20 years of diverse experience in financial services, technology, and entrepreneurship, enhancing MTI's board with fresh insights. His previous roles include positions at JLL, McKinsey & Company, and J.P. Morgan, where he contributed to significant technological advancements. MTI, a global resource and technology company, reported sales of $1.9 billion in 2021 and focuses on serving various industries including consumer products and environmental sectors.
Minerals Technologies declared a quarterly dividend of $0.05 per share on its common stock. This dividend will be payable on June 16, 2022, to stockholders of record as of June 2, 2022. The company reported sales of $1.9 billion in 2021 and operates globally, offering specialty mineral products for various industries including consumer products and construction.
Minerals Technologies Inc. (MTX) reported a record first quarter for 2022, with sales of $519 million, reflecting a 15% increase year-over-year. Diluted EPS reached $1.36 excluding special items, up 16% from the previous year. Operating income was $66 million, also a record, growing 15% year-over-year. The company returned $18 million to shareholders through share repurchases and dividends. CEO Douglas T. Dietrich highlighted successful growth initiatives and solid performance across all segments, projecting continued growth throughout 2022.
Minerals Technologies Inc. (NYSE: MTX) will release its first-quarter financial results on April 28, 2022, after market close. A conference call to discuss the results is scheduled for April 29, 2022, at 11:00 a.m. Eastern Time, available via webcast on the company's website. MTI is a global leader in specialty mineral products, reporting sales of $1.9 billion in 2021. For more details, visit www.mineralstech.com.
Minerals Technologies reported a strong performance for the full year 2021, achieving a record EPS of $5.02, up 26% from the previous year, and sales of $1.86 billion, a 17% increase. The fourth quarter saw EPS of $1.25, 16% above last year, with sales reaching $477 million. Cash flow from operations was $232 million for the year, and the company expanded its consumer portfolio through the acquisition of Normerica. Despite facing logistics and inflationary challenges, management anticipates strong growth in 2022.