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Mativ reports Q4 adjusted EPS 56c vs 36c last year
The Fly

Mativ reports Q4 adjusted EPS 56c vs 36c last year

Reports Q4 revenue $660.1M vs $390.4M last year. Chief Executive Officer Julie Schertell commented, "2022 was a historic year for Mativ, bringing together two strong companies to leverage our combined technologies and products to drive value for all of our stakeholders. We closed out the year with strong year-over-year fourth quarter growth for the combined company from continued positive price/cost performance, and we enter 2023 with clear momentum on integration and synergy execution. Despite macro uncertainties, our conviction in the opportunities ahead for Mativ is unwavering. We have significant controllable actions to enable strong performance as we enter 2023, specifically cost synergies, innovation, and programs focused on commercial and operational excellence, as well as broader longer-term decisions and actions to capitalize on our increased scale."

Published first on TheFly

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