Loading...
•
Jun 30, 2021
Mativ Q2 2021 Earnings Report
Reported strong demand, offset by significant input cost inflation and supply chain challenges; Scapa acquisition performing as expected.
Key Takeaways
SWM's Q2 2021 results showed strong demand with organic sales growth in AMS and sales increase in EP, but were impacted by significant input cost inflation and supply chain challenges. The Scapa acquisition, closed in April 2021, is performing as expected.
Total sales were $377.8 million, up 48.6%, or up 11% on organic basis.
GAAP operating profit was $15.9 million, or 4.2% of sales, down $18.5 million.
Adjusted operating profit was $44.6 million, or 11.8% of sales, up 3%.
Adjusted EPS was $0.90, in line with second quarter 2020.
Forward Guidance
While the global supply chain issues cause short-term pressures, our strong results, demonstrate the resiliency and attractiveness of our portfolio.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...