---
schema_version: "secwatch.filing_event.v1"
accession: "0001000623-24-000003"
form_type: "8-K"
ticker: "MATV"
cik: "0001000623"
company_name: "Mativ Holdings, Inc."
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T21:34:28.412707+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mativ Q4 2023 sales down 13.7% to $452.3M; adjusted EPS $0.23, full year GAAP loss $9.33/share

## Summary
- Q4 net sales $452.3M (-13.7% YoY); GAAP net loss $13.6M; adjusted EBITDA $50.0M (-20% YoY); adjusted EPS $0.23.
- Full year 2023 GAAP loss $507.7M ($9.33/share) including $413.9M operating loss from goodwill impairment, integration, and restructuring.
- Full year adjusted EBITDA $213.4M; adjusted EPS $0.80; comparable sales down 9% and adjusted EBITDA down 17%.
- Net debt reduced to $984M, down $605M YoY; dividend cut to $0.10/quarter; new restructuring targets $40M cost savings by 2027.
- EP divestiture closed Nov 2023 with $176.3M gain; Merger synergies achieved ahead of plan.

## SEC filing metadata
- accession: 0001000623-24-000003
- form_type: 8-K
- ticker: MATV
- cik: 0001000623
- company_name: Mativ Holdings, Inc.
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000623/000100062324000003/0001000623-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000623/000100062324000003/matv-20240221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001000623-24-000003
- JSON: https://secwatch.observer/filing/0001000623-24-000003.json
- Plain text: https://secwatch.observer/filing/0001000623-24-000003.txt

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