other material
confidence high
sentiment neutral
materiality 0.50
Mativ provides recast 2023 segment financials under new FAM & SAS structure
Mativ Holdings, Inc.
- Consolidated FY 2023 adjusted EBITDA $213.4M on net sales of $2,026M; GAAP operating loss of $413.9M.
- FAM segment FY 2023 adjusted EBITDA $163.6M (20.2% margin); SAS $130.7M (10.7% margin).
- SAS Q3 2023 goodwill impairment of $401M included in GAAP operating loss.
- Supplemental data supersedes prior quarterly disclosures for all 2023 periods.