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 2021

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P.H. Glatfelter reports Q4 growth, outlines turnaround strategy for 2023

P.H. Glatfelter Company's Q4 performance showed resilience with revenue growth and operational improvements
Strategic focus on turnaround initiatives and de-leveraging efforts to drive future profitability
Challenges include managing costs, recapturing lost profitability, and navigating market dynamics
Opportunities lie in optimizing operations, aligning towards end markets, and improving margins

Glatfelter reports mixed Q1 results, focuses on margin improvement

Glatfelter's Q1 performance showed mixed revenue results across segments but strong EBITDA improvement.
The company faces challenges in the Spunlace segment but is actively addressing operational inefficiencies.
Opportunities lie in optimizing synergies, divesting non-strategic assets, and leveraging healthy segments for growth.
Overall, Glatfelter's focus on margin improvement and operational enhancements is key to achieving its financial goals.

Glatfelter reports Q2 challenges, eyes recovery and strategic divestiture

Glatfelter faced challenges in Q2 but managed to generate earnings through strategic pricing and cost-cutting measures.
Despite lower adjusted EBITDA, the company maintains a stable financial position with available liquidity and a focus on improving margins.
Opportunities lie in volume recovery, managing the price-cost gap, and potential divestiture of noncore assets to enhance financial performance.
The company remains cautious about market weaknesses, aiming to navigate challenges and capitalize on opportunities for growth.

Glatfelter reports improved Q3 earnings amidst market challenges and opportunities

Glatfelter's Q3 performance improved, but challenges remain due to market headwinds. Company adapting to market conditions through strategic adjustments and operational enhancements. Energy volatility and market challenges require ongoing monitoring and proactive risk management.

P. H. Glatfelter Company reports steady performance and strategic merger plans

P. H. Glatfelter Company (GLT) showcased steady performance in Q4 2023, with strategic milestones and segment improvements driving results.
Proposed merger with Berry Global's HH&S business signals a transformative move towards creating a stronger, more competitive entity.
Challenges in the Airlaid segment highlight the need for adaptive strategies and market resilience amidst industry dynamics.
Opportunities lie in diversification, innovation, and synergies from the merger to fuel growth and enhance long-term value creation.

Glatfelter's Q1 2024 Earnings: Mixed Segment Performance and Merger Progress

Glatfelter's Q1 2024 performance reflected a mixed bag with some segments showing strength while others faced challenges. The company is focused on addressing market dynamics, inventory management, and rising pulp prices. Progress towards the merger with Berry Global's HHNF business is promising.

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NEW YORK--(BUSINESS WIRE)--Lindsay Goldberg, a leading private investment firm that focuses on partnering with families, founders, and management teams seeking to actively build their businesses, today announced it has successfully completed the sale of Pixelle Specialty Solutions Holding LLC (“Pixelle” or the “Company”), a leading provider of fiber-based specialty solutions in North America. Terms of the transaction were not disclosed. Lindsay Goldberg formed Pixelle in 2018 upon carving out t

Lindsay Goldberg Completes Sale of Pixelle Specialty Solutions

CHARLOTTE, N.C., May 05, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) today announced that its Board of Directors declared a $0.14 per share cash dividend on its outstanding common stock. The dividend is payable on August 1, 2022, to all shareholders of record as of the close of business on July 1, 2022.

Glatfelter Corporation Declares Dividend of $0.14 per Common Share

Glatfelter Corporation (NYSE:GLT ) Q1 2022 Earnings Conference Call May 3, 2022 11:00 AM ET Company Participants Ramesh Shettigar – Vice President-ESG, Investor Relations and Corporate Treasurer Dante Parrini – Chairman and Chief Executive Officer Sam Hillard – Senior Vice President and Chief Financial Officer Conference Call Participants Mark Wilde – Bank of Montreal Chris McGinnis – Sidoti Operator Good day and thank you for standing by. Welcome to the Glatfelter's Quarterly Earnings Conference Call.

Glatfelter's (GLT) CEO Dante Parrini on Q1 2022 Results - Earnings Call Transcript

Russia/Ukraine conflict, EU sanctions and continued energy price inflation in Europe significantly impacting Composite Fibers, resulting in non-cash asset and goodwill impairment charges Russia/Ukraine conflict, EU sanctions and continued energy price inflation in Europe significantly impacting Composite Fibers, resulting in non-cash asset and goodwill impairment charges

Glatfelter Reports First Quarter 2022 Results

CHARLOTTE, N.C., April 21, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), announced today that it expects to issue its 2022 first-quarter results on Tuesday, May 3, 2022. 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 3rd

CHARLOTTE, N.C., April 07, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, is proud to announce they are the recipient of the first IDEA® 22 Sustainability Advancement Award, in partnership with Blue Ocean Closure (BOC) and ALPLA, for their innovative, sustainable, fiber-based screw caps. This prestigious award was created to recognize companies that demonstrate excellence in innovation, sustainable product offerings, and outstanding contributions to the nonwovens market.

Glatfelter's Sustainable Packaging Solution Wins IDEA® 22 Sustainability Advancement Award

CHARLOTTE, N.C., April 04, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today announced that Ramesh Shettigar, Vice President, ESG, Investor Relations & Corporate Treasurer, will be promoted to the role of Senior Vice President, Chief Financial Officer & Treasurer, effective May 6, 2022. Mr. Shettigar's appointment follows the resignation of Samuel L. Hillard, the Company's current Senior Vice President, Chief Financial Officer, effective May 6, 2022, as he pursues a new career opportunity with an early-stage technology company. The Company noted that Mr. Hillard's departure is not related to Glatfelter's operations, financial reporting, or controls.

Glatfelter Announces Chief Financial Officer Transition

CHARLOTTE, N.C., March 23, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) a leading global supplier of engineered materials, today announced that Dante Parrini, Chairman and Chief Executive Officer, Samuel Hillard, Senior Vice President and Chief Financial Officer, and Ramesh Shettigar, Vice President ESG, Investor Relations and Corporate Treasurer, will participate in the NYSE Basic Materials Investor Access Day on Thursday, March 31, 2022, through one-on-one investor meetings. Attendance at the one-on-one meetings is by invitation-only.

Glatfelter Corporation to Participate in the NYSE Basic Materials Investor Access Day

CHARLOTTE, N.C., March 15, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) a leading global supplier of engineered materials, today announced that Dante C. Parrini, Chairman and Chief Executive Officer, Samuel L. Hillard, Senior Vice President, Chief Financial Officer and Ramesh Shettigar, Vice President, ESG, Investor Relations and Corporate Treasurer, will be presenting at the Sidoti & Company Spring Small Cap Virtual Conference on Thursday March 24, 2022. Glatfelter's presentation will begin at 9:15 am. Eastern. In addition, management will conduct one-on-one meetings with conference participants.

Glatfelter Corporation to present at the Sidoti & Company Spring Small Cap Virtual Conference on March 24th

The company has restructured its business in order to focus on growth markets.

Glatfelter: The Restructuring Process Is Completed

CHARLOTTE, N.C., March 03, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, has been nominated as a finalist for two IDEA®22 awards – the IDEA® Nonwoven Product Achievement Award for its Sontara® Silk facial sheet masks and the IDEA® Sustainability Advancement Award for its partnership with Blue Ocean Closure (BOC) and ALPLA for sustainable, fiber-based screw caps. These prestigious awards are given to companies that demonstrate excellence in innovation, sustainable product offerings, and outstanding contributions to the nonwovens market.

Glatfelter Products Nominated for IDEA®22 Award

CHARLOTTE, N.C., Feb. 21, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today announced that Samuel L. Hillard, Senior Vice President and Chief Financial Officer and Ramesh Shettigar, Vice President, ESG, Investor Relations and Corporate Treasurer will be presenting at the JP Morgan Global High Yield and Leveraged Finance Conference on Monday, February 28, 2022. Glatfelter's presentation will begin at 3:30 pm ET. In addition, Mr. Hillard and Mr. Shettigar will conduct one-on-one meetings with investors.

Glatfelter Corporation to Present at the JP Morgan Global High Yield and Leveraged Finance Conference

Glatfelter Corporation (GLT) CEO Dante Parrini on Q4 2021 Results - Earnings Call Transcript

~ Unprecedented energy prices in Europe and global input cost inflation significantly impacted Q4 results ~

Glatfelter Reports Fourth Quarter and Full Year 2021 Results

CHARLOTTE, N.C., Jan. 24, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), announced today that it expects to issue its 2021 fourth-quarter results on Thursday, February 10, 2022. 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 10th

CHARLOTTE, N.C., Dec. 16, 2021 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, in cooperation with joint venture (JV) partner ALPLA Group, the global packaging solutions and recycling specialist, announces their partnership with Blue Ocean Closures (BOC), a startup based in the region of Värmland in Sweden, to develop innovative natural fiber-based closures and other molded packaging products using dryforming technology.

Glatfelter Announces Partnership with ALPLA to Develop Sustainable Packaging Solutions

Glatfelter Corporation (GLT) CEO Dante Parrini on Q3 2021 Results - Earnings Call Transcript

~ Completed Jacob Holm acquisition adding significant scale and diversifying engineered materials portfolio ~ ~ Record quarterly operating profit in Airlaid Materials segment reflects Mount Holly acquisition ~ ~ Composite Fibers' performance impacted by continued inflationary headwinds ~

Glatfelter Reports Third Quarter 2021 Results

Acquisition Adds Scale, Diversifies Portfolio and Strengthens Glatfelter's Position as a Leading Global Engineered Materials Company Acquisition Adds Scale, Diversifies Portfolio and Strengthens Glatfelter's Position as a Leading Global Engineered Materials Company

Glatfelter Completes Acquisition of Jacob Holm

CHARLOTTE, N.C., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), announced today that it was the recipient of the prestigious Supplier Innovation Award presented by Rockline Industries at its annual State of Rockline event held virtually on October 6, 2021.

Glatfelter Wins Rockline Industries Supplier Innovation Award

CHARLOTTE, N.C., Oct. 19, 2021 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, has been nominated as a top three finalist for the 2021 Hygienix Innovation Award for its sustainable, cellulose-based GlatPure™ back sheet used in Hygiene products. This award promotes innovation within the disposable absorbent hygiene market.

Hygienix Innovation Award Finalist: Glatfelter's GlatPure™ Back Sheet

CHARLOTTE, N.C., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Glatfelter Corporation (“Glatfelter” or the “Company”) (NYSE: GLT) announced today that it has priced its offering of $500 million in aggregate principal amount of 4.750% senior notes due 2029 (the “Notes”). The offering of the Notes is expected to close on October 25, 2021, subject to certain closing conditions. Each of the Company's existing and future domestic restricted subsidiaries that guarantees the Company's obligations under the Company's credit facility (“Credit Facility”), which includes the Company's revolving credit facility and term loan A facility, and/or certain other indebtedness, will guarantee the Notes on a senior unsecured basis.

Glatfelter Announces Pricing of 4.750% Senior Notes Offering

CHARLOTTE, N.C., Oct. 12, 2021 (GLOBE NEWSWIRE) -- Glatfelter Corporation (“Glatfelter” or the “Company”) (NYSE: GLT) announced today that it intends to offer $500 million in aggregate principal amount of senior notes due 2029 (the “Notes”), subject to market conditions. Each of the Company's existing and future domestic restricted subsidiaries that guarantees the Company's obligations under the Company's credit facility (“Credit Facility”), which includes the Company's revolving credit facility and term loan A facility, and/or certain other indebtedness will guarantee the Notes on a senior unsecured basis.

Glatfelter Announces Offering of Senior Notes

CHARLOTTE, N.C., Sept. 16, 2021 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), announced today that effective immediately, it will increase prices for all Composite Fibers products by 12%, or as customer contracts permit.

Glatfelter Announces 12% Price Increase for Composite Fibers Products

CHARLOTTE, N.C., Sept. 16, 2021 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today announced that Dante C. Parrini, Chairman and Chief Executive Officer, and Samuel L. Hillard, Senior Vice President, Chief Financial Officer will be presenting at the Sidoti Virtual Small Cap Conference on September 22, 2021. Glatfelter's presentation will begin at 1:45 p.m. Eastern. In addition, Mr. Parrini and Mr. Hillard will conduct one-on-one meetings with conference participants.

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