Mativ Holdings, Inc. ( (MATV) ) has released its Q4 earnings. Here is a breakdown of the information Mativ Holdings, Inc. presented to its investors.
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Mativ Holdings, Inc. is a leading global company specializing in specialty materials, offering innovative solutions across filtration, advanced materials, and sustainable adhesive solutions. Headquartered in Alpharetta, Georgia, the company operates across three continents, serving over 90 countries with a diverse portfolio of technologies that enhance product performance throughout various stages of the value chain.
Mativ Holdings, Inc. has released its earnings report for the fourth quarter and full year of 2024, showcasing significant financial highlights. The company reported Q4 sales of $458.6 million, reflecting a 1.4% increase year-over-year, while its full-year sales slightly decreased by 2.2% to $1,981.1 million. Notably, Mativ completed the sale of its Engineered Papers business, and its financial results now focus on continuing operations.
Key financial metrics from the report indicate that Mativ experienced a profitable quarter, with a GAAP income of $1.5 million in Q4 2024, a sharp turnaround from the $13.6 million loss reported in the prior year. The adjusted EBITDA for the quarter was $44.8 million, though it saw a 10% decrease compared to the previous year due to challenges in the Advanced Films category and increased costs. Despite these challenges, the Sustainable & Adhesive Solutions segment showed robust organic growth of 12.8%, contributing positively to the company’s performance. For the full year, Mativ reported an adjusted EBITDA of $218.0 million, with an increase of 2% year-over-year, driven by improved pricing and cost management.
Mativ’s management remains optimistic about the future, with CEO Julie Schertell highlighting the company’s focus on high-profit and cash-generating activities, including pricing actions and cost reduction initiatives. The outlook for 2025 is positive, with expectations of continued momentum in the Sustainable & Adhesive Solutions segment and improvements in the Advanced Films category. The company aims to strengthen its sales pipeline and enhance operational efficiencies to drive future growth.
Overall, Mativ Holdings is poised for a promising year ahead, with strategic initiatives and market opportunities that are expected to support the company’s growth trajectory and financial performance in 2025 and beyond.
