secwatch.observer — SEC 8-K summary
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Issuer:     Mativ Holdings, Inc. (MATV)
CIK:        0001000623
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001000623-24-000041
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mativ Q3 adj. EBITDA up 10% to $60.8M; sales flat; Advanced Films turnaround launched
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- GAAP net loss of $20.8M ($0.38 loss per share); adjusted EPS of $0.21, adj. EBITDA margin +110bps.
- SAS segment sales $308.9M, up 2.1%; adj. EBITDA up ~20% to $41.0M, margin 13.3% (up 200bps).
- FAM segment sales fell 3.2% to $189.6M due to advanced films weakness; adj. EBITDA down 7%.
- Company reduced plant footprint from 48 to 35 sites; warehouse footprint down >25%.
- Quarterly dividend $0.10/share; redeemed 2026 notes and issued $400M notes due 2029.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000623/000100062324000041/0001000623-24-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000623/000100062324000041/matv-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001000623-24-000041

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