Glatfelter reported net sales of $332 million and a GAAP net loss from continuing operations of $20.0 million. Adjusted EBITDA was $24.6 million, slightly down from $25.5 million in Q3 2023. The company is preparing for a new future under Magnera, with the transaction closing scheduled for November 4th.
Net sales reached ~$332 million.
GAAP net loss from continuing operations was $20.0 million.
Adjusted EBITDA was $24.6 million, slightly lower than Q3 2023.
Spunlace generated $4.8 million EBITDA, a $2.5 million increase over Q3 '23.
Glatfelter is being merged with Berry Global's Health, Hygiene and Specialties segment to create Magnera.
Visualization of income flow from segment revenue to net income
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