SWM International, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2020
February 09, 2021 at 06:19 pm EST
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SWM International, Inc. provided earnings guidance for the fourth quarter and full year of 2020. For the quarter, the company expects sales to be approximately $279 million and GAAP operating profit is expected to be between $21 million and $25 million.
For the year, the company expects sales to be approximately $1,074 million and GAAP operating profit is expected to be between $127 million and $131 million.
Mativ Holdings, Inc. is a specialty materials company, which offers a range of critical components and engineered solutions. The Company manufactures through its family of business-to-business and consumer product brands. It targets applications across diversified end-markets, from filtration to healthcare to sustainable packaging and others. Its portfolio of technologies combines polymers, fibers, and resins to optimize the performance of its customers products across multiple stages of the value chain. The Company operates through two segments: Filtration and Advanced Materials, and Sustainable & Adhesive Solutions. Filtration and Advanced Materials segment is focused primarily on filtration and protective solutions end markets. Sustainable & Adhesive Solutions segment is focused primarily on release liner, industrials, healthcare, and packaging and specialty papers end markets.
MATIV HOLDINGS, INC. 
