Mativ Holdings (NYSE:MATV) Full Year 2024 Results
Key Financial Results
- Revenue: US$1.98b (down 2.2% from FY 2023).
- Net loss: US$48.9m (loss narrowed by 90% from FY 2023).
- US$0.90 loss per share (improved from US$9.33 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Mativ Holdings EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 24%.
The primary driver behind last 12 months revenue was the Sustainable & Adhesive Solutions (sas) segment contributing a total revenue of US$1.21b (61% of total revenue). Notably, cost of sales worth US$1.62b amounted to 82% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$233.8m (57% of total expenses). Explore how MATV's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in the US.
Performance of the American Chemicals industry.
The company's shares are down 3.6% from a week ago.
Risk Analysis
Be aware that Mativ Holdings is showing 2 warning signs in our investment analysis and 1 of those is significant...
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About NYSE:MATV
Mativ Holdings
Manufactures and sells specialty materials in the United States, Europe, the Asia Pacific, the Americas, and internationally.
Very undervalued with moderate growth potential.
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