Welcome to our dedicated page for SWM news (Ticker: SWM), a resource for investors and traders seeking the latest updates and insights on SWM stock.
The SWM (Schweitzer-Mauduit International, Inc.) news archive on this page primarily covers the period leading up to and surrounding its merger of equals with Neenah, Inc., as well as corporate communications that illustrate its role in the specialty and performance materials industry. These items provide historical context for how SWM operated and how it helped form the combined company now known as Mativ, Inc. (traded on the NYSE under MATV).
News releases include merger-related announcements describing the agreement between SWM and Neenah to create a global specialty materials company and the decision to adopt the Mativ name and MATV ticker, with the SWM symbol being deactivated. Other articles highlight SWM’s participation in investor conferences, quarterly earnings communications, and strategic collaborations in advanced materials, such as its co-development work with UbiQD, Inc. on quantum dot glass interlayers for electricity-producing windows.
Because SWM’s listing transitioned into the Mativ structure, more recent communications about the combined business appear under the Mativ name. For example, later board appointment news from Mativ references a former SWM director, underscoring the continuity between the legacy SWM entity and the current company.
Investors and researchers can use this news archive to review SWM’s historical earnings commentary, strategic initiatives, and the steps that led to the formation of Mativ. For ongoing developments related to the business that originated from SWM, readers should consult news and disclosures issued under the Mativ (MATV) ticker.
Schweitzer-Mauduit International (SWM) reported Q1 2020 results with total sales of $261.5 million, a 1% increase year-over-year. GAAP operating profit reached $34.1 million (13% of sales), while adjusted operating profit was $39.8 million (15.2% of sales), both up 12%. EPS rose 29% to $0.72, surpassing expectations. The company has withdrawn its 2020 guidance due to COVID-19 uncertainties but remains confident in liquidity and cash flow for operations and dividends. Notably, the Tekra acquisition contributed positively, despite challenges in transportation film sales.
Schweitzer-Mauduit International, Inc. (SWM) will release its first quarter 2020 results on May 6 after market close and host a conference call on May 7 at 8:30 a.m. ET. Investors can access a presentation accompanying the earnings release on the company's website. The conference call will be available live online, and a replay will be provided afterward for approximately 90 days. Participants can join the call using designated dial-in numbers. Those interested in listening are encouraged to register 15 minutes prior to the event.
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