GLT's Q3 results show a widened loss as rising input costs and market volatility impact profits, while strategic shifts and segment growth in Spunlace segment signal resilience amid challenges.
Glatfelter's (GLT) Q2 loss narrows to 35 cents per share, with notable gains in the Spunlace and Composite Fibers segments despite a 7.7% drop in net sales. Airlaid Materials faces continued challenges.
Glatfelter Corporation (NYSE:GLT ) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Ramesh Shettigar - SVP, CFO & Treasurer Thomas Fahnemann - President & CEO Conference Call Participants Mike Ginnings - TPG Angelo Gordon Roger Spitz - Bank of America Operator Good day, and welcome to the Glatfelter's Second Quarter 2024 Earnings Release Conference Call. Today's conference is being recorded.
![]() GLT 30 Jun 2022 Paid | Quarterly | $0.14 Per Share |
![]() GLT 31 Mar 2022 Paid | Quarterly | $0.14 Per Share |
![]() GLT 31 Dec 2021 Paid | Quarterly | $1.82 Per Share |
![]() GLT 30 Sep 2021 Paid | Quarterly | $0.14 Per Share |
![]() GLT 30 Jun 2021 Paid | Quarterly | $1.82 Per Share |
28 Oct 2025 (In 2 months) Date | | - Cons. EPS | - EPS |
6 Aug 2025 Date | | - Cons. EPS | - EPS |
7 May 2025 Date | | - Cons. EPS | - EPS |
20 Feb 2025 Date | | - Cons. EPS | - EPS |
31 Oct 2024 Date | | - Cons. EPS | - EPS |
![]() GLT 30 Jun 2022 Paid | Quarterly | $0.14 Per Share |
![]() GLT 31 Mar 2022 Paid | Quarterly | $0.14 Per Share |
![]() GLT 31 Dec 2021 Paid | Quarterly | $1.82 Per Share |
![]() GLT 30 Sep 2021 Paid | Quarterly | $0.14 Per Share |
![]() GLT 30 Jun 2021 Paid | Quarterly | $1.82 Per Share |
28 Oct 2025 (In 2 months) Date | | - Cons. EPS | - EPS |
6 Aug 2025 Date | | - Cons. EPS | - EPS |
7 May 2025 Date | | - Cons. EPS | - EPS |
20 Feb 2025 Date | | - Cons. EPS | - EPS |
31 Oct 2024 Date | | - Cons. EPS | - EPS |
Paper, Lumber & Forest Products Industry | Basic Materials Sector | Thomas M. Fahnemann CEO | NYSE Exchange | 377320106 Cusip |
US Country | 2,867 Employees | 1 Aug 2022 Last Dividend | 4 Nov 2024 Last Split | 16 May 1984 IPO Date |
Glatfelter Corporation is a global leader in the engineering and manufacturing of high-quality, specialty materials used in a variety of applications. With its roots tracing back to 1864, the company has established a strong presence in the materials sector, catering to diverse markets through its innovative products. Glatfelter operates through three main segments: Composite Fibers, Airlaid Materials, and Spunlace, each with a specific focus on providing solutions for different industries. Headquartered in Charlotte, North Carolina, Glatfelter prides itself on its commitment to quality, innovation, and sustainability, ensuring it meets the evolving needs of its customers across the globe.
This segment supplies a range of materials including food and beverage filtration products used in single-serve coffee and tea applications, wallcover base materials for wallpapers, metallized products for labels and packaging, composite laminates for furniture and flooring, and specialty engineered products for electrical energy storage and other fiber-based applications. These products emphasize Glatfelter's focus on innovation and responding to consumer preferences for convenience and sustainability.
Glatfelter's Airlaid Materials segment specializes in producing absorbent cellulose-based nonwoven materials. These materials find application in consumer products like feminine and other hygiene products, specialty wipes, tabletop items, adult incontinence and home care products, and food pads, demonstrating the company's ability to cater to everyday needs through advanced materials technology.
The Spunlace segment focuses on manufacturing nonwovens for a variety of applications, including cleaning, high-performance materials, personal care, hygiene, and medical uses. These products highlight Glatfelter's capacity to offer versatile material solutions that enhance the quality and functionality of a wide range of consumer and industrial products.