Earnings ·
Mativ reports Q3 sales of $499.5M and declares $0.10 quarterly dividend
MATVMativ Holdings, Inc.
Mativ Holdings reported third-quarter net sales of $499.5 million, a 2.8% decline year-over-year driven by tornado-related disruptions in its Sustainable & Adhesive Solutions segment. The company posted a GAAP loss of $1.2 million and adjusted EBITDA of $62.3 million, down 7%. Management highlighted strong growth in the Filtration & Advanced Materials segment and robust cash flow generation. Concurrently, Mativ announced a quarterly cash dividend of $0.10 per share, payable on December 18 to shareholders of record as of November 27. The company operates in specialty materials, providing filtration media, advanced films, and adhesive solutions across global markets.