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Business Summary: Mativ Holdings, Inc. is a specialty materials company. The Company offers a range of critical components and engineered solutions to solve customers' complex challenges, targeting premium applications across diversified and growing end-markets. Its portfolio of technologies combines polymers, fibers, and resins to optimize the performance of customers' products across multiple stages of the value chain. The Company operates through two segments: Advanced Technical Materials (ATM) and Fiber-Based Solutions (FBS). The ATM segment provides solutions that filter and purify air and liquids; supports adhesive and protective applications; advances healing and wellness, and solves some of material science's demanding performance needs across a number of categories. The FBS segment leverages its natural fiber capabilities to provide specialty solutions for various end-uses, including sustainable packaging, imaging and communications, home and office, consumer goods, and other applications.
Financial Summary: BRIEF: For the nine months ended 30 September 2022, Mativ Holdings Inc revenues increased 44% to $1.51B. Net loss applicable to common stockholders totaled $9.8M vs. income of $35.1M. Revenues reflect U.S. segment increase from $193.1M to $759.5M, Europe & former Commonwealth of Independent States segment increase from $103.2M to $401.8M, Asia/Pacific (including China) segment increase from $48.3M to $207M.