P. H. Glatfelter Company

Glatfelter Corp. engages in the manufacture of papers and fiber-based engineered materials. It operates through the Composite Fibers and Airlaid Materials segments. The Composite Fibers segment offers food and beverage filtration materials, wallcover base materials, technical specialties, composite laminates decorative laminate solution, and metallized products. The Airlaid Materials segment supplies absorbent and engineered cellulose-based airlaid nonwoven materials for the manufacturing of consumer products for end-user markets. The company was founded by Philip H. Glatfelter in 1864 and is headquartered in Charlotte, NC.

Earnings data Q1 2024

Glatfelter reports improved Q1 performance and addresses market challenges

Glatfelter's Q1 performance showed improved adjusted EBITDA and strong margins, driven by Airlaid and Composite Fiber segments. Despite market volatility and operational challenges, the company remains confident in delivering annual guidance. The focus on strengthening core products and sustainable solutions presents opportunities for future growth and value creation.

Glatfelter's Q2 Earnings Impacted by Challenges, Sees Strengths and Opportunities

Glatfelter faced challenges in Q2, leading to lower adjusted EBITDA and a lowered EBITDA guidance. However, the company saw strengths in the Airlaid material segment and welcomed a new Senior VP, COO. Opportunities lie in managing the price-cost gap and anticipated improvements in margins and volumes in the second half of the year.

GLT reports improved Q3 results but reduces annual EBITDA guidance

GLT's Q3 performance showed improvement, but ongoing market challenges led to a reduction in annual EBITDA guidance. The company's focus on operational improvements and turnaround initiatives in its segments is a key strength. However, challenges related to geopolitical conflicts, declining raw material prices, and cost pressures on certain products persist. GLT is actively monitoring input costs and has opportunities for volume recovery in 2024.

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Berry Global Group

EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE: BERY) and Glatfelter Corporation (NYSE: GLT) announced today the achievement of a regulatory milestone in the proposed transaction involving the combination of a majority of Berry's Health, Hygiene and Specialties segment to include its Global Nonwovens and Films business (“HHNF”) with Glatfelter, with the expiration of the required waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act. As previously announ.

Berry and Glatfelter Announce Regulatory Milestone in Proposed Transaction for Spin-Off and Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter

~ Kevin M. Fogarty to serve as Non-Executive Chair of the Board of Directors for the proposed newly combined company

Glatfelter Announces Key Leadership Appointments in Connection With Proposed Merger With Berry's Health, Hygiene, and Specialties Global Nonwovens and Films Business

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 https://www.glatfelter.com/investors/.

Glatfelter Corporation to Report Earnings on May 9th

~ 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 ~

Glatfelter Reports Fourth Quarter and Year End 2023 Results

MILWAUKEE , Feb. 13, 2024 /PRNewswire/ -- Ademi LLP is investigating Glatfelter (NYSE: GLT)  for possible breaches of fiduciary duty and other violations of law in its transaction with Berry Global Group. Click here to learn how to join the https://www.ademilaw.com/case/glatfelter-corporation or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Glatfelter Corporation has obtained a Fair Price in its transaction with Berry Global Group

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Glatfelter Corporation (NYSE: GLT) and Berry Global Group, Inc.'s Health, Hygiene and Specialties segment to include its Global Nonwovens and Films business is fair to Glatfelter shareholders. Upon completion of the proposed transaction, Glatfelter shareholders will own 10% of the combined company. Halper Sadeh encourages Glatfelter shareholders to click here to learn more about thei.

GLT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Glatfelter Corporation Is Fair to Shareholders

EVANSVILLE, Ind. & CHARLOTTE, N.C.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE:BERY) and Glatfelter Corporation (NYSE:GLT) announced today they have entered into definitive agreements for Berry to spin-off and merge the majority of its Health, Hygiene and Specialties segment to include its Global Nonwovens and Films business (“HHNF”) with Glatfelter, to create a leading, publicly-traded company in the specialty materials industry. The Boards of Directors of Berry and Glatfelter have unanim.

Berry Global and Glatfelter Announce Plans for Tax-Free Spin-Off and Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter, Creating a Global Specialty Materials Leader

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 https://www.glatfelter.com/investors.

Glatfelter Corporation to Report Earnings on February 22nd

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.

Sontara® Announces Partnership with Tzuriel to Strengthen Brand Presence in Latin America

KNOXVILLE, Tenn.--(BUSINESS WIRE)--Safire Technology Group, Inc., a venture-backed company developing advanced battery safety technologies, and Glatfelter Corporation, a leading global supplier of engineered materials, have announced a strategic partnership to develop a new battery separator optimized for Safire Group's SAFe Impact Resistant Electrolyte (SAFIRE™) for customers seeking increased performance and safety from their Lithium-ion (Li-ion) powered applications. The new separator materi.

Safire and Glatfelter Announce Strategic Partnership to Develop Safer, Higher-Performing Lithium-ion Batteries

Glatfelter Corporation (NYSE:GLT ) Q3 2023 Earnings Conference Call November 2, 2023 11:00 AM ET Company Participants Ramesh Shettigar - Senior Vice President, Chief Financial Officer and Treasurer. Thomas Fahnemann - President and Chief Executive Officer Conference Call Participants Josh Wool - Carlson Capital Roger Spitz - Bank of America Mike Ginnings - Angelo Gordon Operator Good day, and welcome to the Glatfelter's Q3 2023 Earnings Release Conference Call.

Glatfelter Corporation (GLT) Q3 2023 Earnings Call Transcript

202 3 Third Quarter Overview: Generated net sales of ~$330 million and a GAAP net loss from continuing operations of $19.7 million Delivered strong sequential recovery of Adjusted EBITDA of $25.5 million following one-time Q2 adverse events Improved earnings from Turnaround Strategy, delivering highest EBITDA margin of last eight quarters Divested Ober-Schmitten site, eliminating future losses Lowered full-year EBITDA guidance by $10 million due to ongoing industry-wide market weakness, lower volumes and continued customer destocking CHARLOTTE, N.C., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today reported financial results for the third quarter of 2023 and provided an update on the Company's Turnaround Strategy to improve operational and financial performance despite challenging market conditions.

Glatfelter Reports Third Quarter 2023 Results

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.

Glatfelter Wins Supplier Award by Rockline Industries

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 https://www.glatfelter.com/investors/.

Glatfelter Corporation to Report Earnings on November 2nd

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.

Glatfelter Announces Resignation of Director Lee C. Stewart

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.

Hygienix Innovation Award™ Finalist: Glatfelter's GlatPure™ Range

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 & Ekman Initiate Partnership To Sell Abaca Pulp Globally

Ostrest GmbH to assume ownership effective August 15, 2023 with site to remain fully operational Ostrest GmbH to assume ownership effective August 15, 2023 with site to remain fully operational

Glatfelter Announces Sale of Ober-Schmitten, Germany Facility

Glatfelter Corporation. (NYSE:GLT ) Q2 2023 Earnings Conference Call August 3, 2023 11:00 AM ET Company Participants Ramesh Shettigar - Senior Vice President, Chief Financial Officer and Treasurer.

Glatfelter Corporation (GLT) Q2 2023 Earnings Call Transcript

Business Fundamentals Remain Sound Despite Persistent Market and Economic Headwinds Business Fundamentals Remain Sound Despite Persistent Market and Economic Headwinds

Glatfelter Reports Second Quarter 2023 Results

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 https://www.glatfelter.com/investors/.

Glatfelter Corporation to Report Earnings on August 3rd

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%.

Glatfelter's GlatPure™ ADL and Absorbent Core Earns OK Biobased Certification from TUV Austria

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 will conduct one-on-one meetings with conference participants.

Glatfelter Corporation to present at the Sidoti Summer Small Cap Virtual Conference on June 14th

Action taken as part of Company's Turnaround Strategy to Divest Unprofitable Non-Core Assets Action taken as part of Company's Turnaround Strategy to Divest Unprofitable Non-Core Assets

Glatfelter Announces Closure of Ober-Schmitten, Germany Facility

Glatfelter Corporation (NYSE:GLT ) Q1 2023 Earnings Conference Call May 4, 2023 11:00 AM ET Company Participants Ramesh Shettigar - Senior Vice President, Chief Financial Officer & Treasurer Thomas Fahnemann - President & Chief Executive Officer Conference Call Participants Josh Wool - Carlson Capital Roger Spitz - Bank of America Peter Galgay - Amitell Capital Operator Good day, and welcome to the Glatfelter's Q1 2023 Earnings Release Conference Call. Today's conference is being recorded.

News for P. H. Glatfelter Company Stock (GLT)