---
schema_version: "secwatch.filing_event.v1"
accession: "0001000623-23-000052"
form_type: "8-K"
ticker: "MATV"
cik: "0001000623"
company_name: "Mativ Holdings, Inc."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T21:05:45.391770+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Mativ Q2 adj EPS $0.51; proposes sale of Engineered Papers for $620M; cuts dividend to $0.10

## Summary
- Sales $668.3M (+56.7% incl merger); organic sales -8%; GAAP loss $4.5M ($0.08/sh); adj EPS $0.51; adj EBITDA $87.4M.
- Proposed sale of Engineered Papers for $620M (6.5x TTM EBITDA); net proceeds ~$575M to cut net debt 35%; close expected 4Q23.
- Quarterly dividend reduced to $0.10 from $0.40; new $30M share repurchase program authorized.
- Net debt $1,640M; leverage 4.2x; total liquidity $442M; 2Q23 operating cash flow positive $40.2M.

## SEC filing metadata
- accession: 0001000623-23-000052
- form_type: 8-K
- ticker: MATV
- cik: 0001000623
- company_name: Mativ Holdings, Inc.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000623/000100062323000052/0001000623-23-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000623/000100062323000052/matv-20230809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001000623-23-000052
- JSON: https://secwatch.observer/filing/0001000623-23-000052.json
- Plain text: https://secwatch.observer/filing/0001000623-23-000052.txt

## Key facts
- Earnings Releases
  Mativ Holdings, Inc. reported the quarter ended June 30, 2023 results: revenue $668.3 million, net income GAAP loss was $4.5 million, EPS GAAP EPS was $(0.08).
  - Period: the quarter ended June 30, 2023
  - Revenue: $668.3 million
  - Net income: GAAP loss was $4.5 million
  - EPS: GAAP EPS was $(0.08)
  - Result: reported results
  source text: prior to the close of the merger. December 22, 2022 8-K includes reconciliations of periods prior to the merger. Mativ Second Quarter 2023 Highlights • Sales increased 56.7% to $668.3 million, reflecting the benefit of the merger; 8% organic sales decline with negative volume/mix offsetting price increases • GAAP loss was $4.5 million, GAAP EPS was $(0.08), which all
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000623/000100062323000052/0001000623-23-000052-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.