reports
Glatfelter Announces Key Leadership Appointments in Connection With Pr...
Glatfelter Announces Key Leadership Appointments in Connection With Proposed Merger With Berry’s Health, Hygiene, and Specialties Global Nonwovens and Films Business ~ Kevin M. Fogarty to serve as Non-Executive Chair of the Board of Directors for the proposed newly combined company ~ James M. Till to serve as Executive Vice President, Chief Financial Officer & Treasurer ~ Tarun Manroa to serve as Executive Vice President, Chief Operating Officer CHARLOTTE, N.C., April 11, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, in ...
Glatfelter Corporation to Report Earnings on May 9th
Glatfelter Corporation to Report Earnings on May 9th CHARLOTTE, N.C., April 04, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) announced today that it expects to issue its 2024 first-quarter results on Thursday, May 9, 2024. Management will hold a conference call at 11:00 AM (ET) that morning to discuss the Company’s results. Glatfelter’s earnings release and an accompanying financial supplement, which includes significant financial information to be discussed on the conference call, will be available on its Investor Relations website at . What: Q1 2024 Glatfelter Earnings Co...
Glatfelter Reports Fourth Quarter and Year End 2023 Results
Glatfelter Reports Fourth Quarter and Year End 2023 Results ~ Q4 performance in-line with expectations despite reduced production to manage inventory levels ~~ Announced plans for Merger with Berry Global's HHNF business anticipated in second half of 2024 ~ 2023 Fourth Quarter and Year-end Highlights: Generated net sales of $320 million in Q4 and $1.4 billion in 2023; loss from continuing operations of $8.6 million in Q4 and $78.1 million in 2023Achieved Q4 Adjusted EBITDA of $25 million and full-year EBITDA of $93 million, in-line with Q3 performance and consistent with full year guidanc...
Glatfelter Corporation to Report Earnings on February 22nd
Glatfelter Corporation to Report Earnings on February 22nd CHARLOTTE, N.C., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) announced today that it expects to issue its 2023 fourth-quarter results on Thursday, February 22, 2024. Management will hold a conference call at 11:00 AM (ET) that morning to discuss the Company’s results. Glatfelter’s earnings release and an accompanying financial supplement, which includes significant financial information to be discussed on the conference call, will be available on its Investor Relations website at . What:Q4 2023 Glatfelter ...
Sontara® Announces Partnership with Tzuriel to Strengthen Brand Presen...
Sontara® Announces Partnership with Tzuriel to Strengthen Brand Presence in Latin America CHARLOTTE, N.C., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, is pleased to announce its growing partnership with Tzuriel, a distinguished importer and exporter of specialty products based in Pinhais, Brazil. This collaboration marks a significant step in advancing the Sontara® brand in Latin America. Tzuriel, known for its extensive experience and technical expertise in various specialty markets, will be supporting Sontara®...
Glatfelter Reports Third Quarter 2023 Results
Glatfelter Reports Third Quarter 2023 Results Improved Profitability Despite Continued Difficult Market Conditions 2023 Third Quarter Overview: Generated net sales of ~$330 million and a GAAP net loss from continuing operations of $19.7 millionDelivered strong sequential recovery of Adjusted EBITDA of $25.5 million following one-time Q2 adverse eventsImproved earnings from Turnaround Strategy, delivering highest EBITDA margin of last eight quartersDivested Ober-Schmitten site, eliminating future lossesLowered full-year EBITDA guidance by $10 million due to ongoing industry-wide market we...
Glatfelter Wins Supplier Award by Rockline Industries
Glatfelter Wins Supplier Award by Rockline Industries CHARLOTTE, N.C., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), announced today that Glatfelter Industries Asheville Inc. was the recipient of the prestigious RRITE Supplier Award presented by Rockline Industries at their annual State of Rockline event held at The Gage in West Allis, Wisconsin on October 4, 2023. Rockline nominations for this annual award are provided to suppliers that exemplify Rockline’s values of Renew, Respect, Integrity, Teamwork, and Excellence. This award recognizes Glatfelter as a key su...
Glatfelter Corporation to Report Earnings on November 2nd
Glatfelter Corporation to Report Earnings on November 2nd CHARLOTTE, N.C., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) announced today that it expects to issue its 2023 third-quarter results on Thursday, November 2, 2023. Management will hold a conference call at 11:00 AM (ET) that morning to discuss the Company’s results. Glatfelter’s earnings release and an accompanying financial supplement, which includes significant financial information to be discussed on the conference call, will be available on its Investor Relations website at . What:Q3 2023 Glatfelter E...
Glatfelter Announces Resignation of Director Lee C. Stewart
Glatfelter Announces Resignation of Director Lee C. Stewart CHARLOTTE, N.C., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today announced that Mr. Lee C. Stewart has resigned from the Company’s Board of Directors, effective September 25, 2023, citing reasons unrelated to the Company for his departure. The Company noted that this resignation is not related to Glatfelter’s operations, financial reporting or controls, or personal conduct. “On behalf of Glatfelter’s Board of Directors and our management team, we tha...
Hygienix Innovation Award™ Finalist: Glatfelter’s GlatPure™ Range
Hygienix Innovation Award™ Finalist: Glatfelter’s GlatPure™ Range CHARLOTTE, N.C., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, has been nominated as a finalist for the 2023 Hygienix Innovation Award™ for its GlatPure™ product range, a full range of bio-based absorbent hygiene components derived from renewable materials. This prestigious award recognizes and rewards a company that utilizes and demonstrates innovation in the hygiene market. Designed for environmentally conscious consumers, GlatPure™ offers a tool...
Glatfelter & Ekman Initiate Partnership To Sell Abaca Pulp Globally
Glatfelter & Ekman Initiate Partnership To Sell Abaca Pulp Globally CHARLOTTE, N.C., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (“Glatfelter” or the “Company”) (NYSE: GLT), a leading global supplier of engineered materials, has entered into an agreement with Ekman & Co. to market Glatfelter’s high quality, specialty Abaca pulp exclusively through Ekman’s global sales agency platform. Glatfelter has increased its market capacity of Abaca pulp and is partnering with Ekman’s global sales organization to reach new and innovative markets for this fiber. Abaca is a unique, dura...
Glatfelter Announces Sale of Ober-Schmitten, Germany Facility
Glatfelter Announces Sale of Ober-Schmitten, Germany Facility Ostrest GmbH to assume ownership effective August 15, 2023 with site to remain fully operational CHARLOTTE, N.C., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today announced the sale of Glatfelter Ober-Schmitten GmbH and certain related distributor operations in Asia to Ostrest GmbH, a company owned by İlkem Şahin, the chairman of the board of İŞ Holding A.Ş. “I am very pleased that Glatfelter’s Ober-Schmitten site, along with its related sales ...
Glatfelter Reports Second Quarter 2023 Results
Glatfelter Reports Second Quarter 2023 Results Business Fundamentals Remain Sound Despite Persistent Market and Economic Headwinds 2023 Second Quarter Overview: Net sales of $357 million and a GAAP net loss from continuing operations of $36.6 millionVolume declined due to industry-wide market weakness and ongoing customer destocking, resulting in ~$7 million loss of earnings when combined with downtime to manage inventory levelsTurnaround Strategy delivered ~$7 million of earnings from price increases and fixed cost reductionsOverall Q2 2023 financial performance also negatively impacted...
Glatfelter Corporation to Report Earnings on August 3rd
Glatfelter Corporation to Report Earnings on August 3rd CHARLOTTE, N.C., July 12, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) announced today that it expects to issue its 2023 second-quarter results on Thursday, August 3, 2023. Management will hold a conference call at 11:00 AM (ET) that morning to discuss the Company’s results. Glatfelter’s earnings release and an accompanying financial supplement, which includes significant financial information to be discussed on the conference call, will be available on its Investor Relations website at . What: Q2 2023 Glatfelter Earni...
Glatfelter’s GlatPure™ ADL and Absorbent Core Earns OK Biobased Certif...
Glatfelter’s GlatPure™ ADL and Absorbent Core Earns OK Biobased Certification from TUV Austria Reinforces Glatfelter’s Commitment to Environmental Sustainability CHARLOTTE, N.C., June 15, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, is pleased to announce that its GlatPure™ Acquisition Distribution Layers (ADL) and Absorbent Core have received the prestigious class 4 OK Biobased certification from TUV Austria, with the biobased carbon content of GlatPure™ ADL and Absorbent Core being at 100%. This certification reinforce...
Glatfelter Corporation to present at the Sidoti Summer Small Cap Virtu...
Glatfelter Corporation to present at the Sidoti Summer Small Cap Virtual Conference on June 14th CHARLOTTE, N.C., June 01, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) a leading global supplier of engineered materials, today announced that Thomas Fahnemann, President, and Chief Executive Officer along with Ramesh Shettigar, Senior Vice President, Chief Financial Officer, and Treasurer will be presenting at the Sidoti Summer Small Cap Virtual Conference on Wednesday, June 14, 2023. Glatfelter’s presentation will begin at 9:15 am. Eastern Time. In addition, Thomas and Ramesh ...
Glatfelter Announces Closure of Ober-Schmitten, Germany Facility
Glatfelter Announces Closure of Ober-Schmitten, Germany Facility Action taken as part of Company’s Turnaround Strategy to Divest Unprofitable Non-Core Assets CHARLOTTE, N.C., May 31, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today announced that it is closing its Ober-Schmitten, Germany, facility due to the ongoing financial underperformance of the electrical and glassine specialty papers manufactured at the site. The actions taken are part of the Company’s turnaround strategy that is aimed at improving the financial ...
Glatfelter Corp: 1 director
A director at Glatfelter Corp bought 66,578 shares at 3.530USD and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearl...
Glatfelter Reports First Quarter 2023 Results
Glatfelter Reports First Quarter 2023 Results Improved financial performance driven by progress on key turnaround actions 2023 First Quarter Highlights Achieved operating income of $6.1 million on a net loss of $13.6 millionImproved Adjusted EBITDA by $1.8 million versus Q1 2022 driven by Airlaid Materials and Composite FibersCash flow from operations improved $35.6 million compared to Q1 2022Completed refinancing transactions to strengthen capital position and address debt maturitiesStreamlined leadership to improve operational efficiency and expand product management capabilitiesMoody'...
Glatfelter to Showcase Newest Product Offerings at INDEX™23
Glatfelter to Showcase Newest Product Offerings at INDEX™23 CHARLOTTE, N.C., April 13, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, will be exhibiting at INDEX™23, the world's leading nonwovens exhibition, from April 18-21, 2023, in Geneva, Switzerland. Attendees of the show are invited to stop by Booth 2127 to learn more about Glatfelter and their newest product offerings, including the GlatPure™ portfolio, Sontara® Silk, Sontara EC® Green, and Home Compostable Airlaid Material. “As a proud manufacturer of high-quality n...
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