Minerals Technologies reported record first-quarter sales of $546 million, a 5% increase year-over-year. The company's operating income was $63 million, up 43% sequentially, and earnings per share were $1.14. The company completed its reorganization and re-segmentation to better reflect its balanced portfolio.
Record First Quarter Sales of $546 Million, 5 Percent Above Prior Year
Operating Income of $63 Million, Increased 43 Percent Sequentially
Cash Flow from Operations Improved by $33 Million from Prior Year
Reorganization and New Segmentation Implemented
Minerals Technologies will host an Investor Day on May 24, 2023, to provide details on each of its businesses, their market positions, and growth and profit drivers.
Visualization of income flow from segment revenue to net income