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Glatfelter (GLT) - 2023 Q4 - Annual Report
2024-02-28 21:38
☑ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2023 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to 4350 Congress Street, Suite 600 Charlotte, North Carolina 28209 (Address of principal executive offices) (704) 885-2555 | (Registrant's telephone number, in ...
Glatfelter (GLT) - 2023 Q4 - Earnings Call Presentation
2024-02-22 23:31
2023 Fourth Quarter Earnings Conference Call Forward Looking Statements and Use of Non-GAAP Financial Measures 2 • 2023 Full year EBITDA of ~$93 million, within guidance range • Spunlace EBITDA higher by ~$4 million versus Q4 2022 driven by higher volume, price-cost gap improvements, and turnaround strategy actions (cost and operational improvements) • On February 7, 2024, Glatfelter and Berry Global announced plans for tax-free spin-off and merger of Berry's Health, Hygiene and Specialties Global Nonwovens ...
Glatfelter (GLT) - 2023 Q4 - Earnings Call Transcript
2024-02-22 20:31
Company Participants Ladies and gentlemen, good day, and welcome to the Glatfelter's Q4 2023 Earnings Release Conference Call. Today's conference is being recorded. Before we begin our presentation, I have a few standard reminders. During our call this morning, we will use the term adjusted earnings as well as other non-GAAP financial measures. A reconciliation of these financial measures to our GAAP-based results is included in today's earnings release and in the investor slides. We will also make forward- ...
Glatfelter (GLT) - 2023 Q4 - Annual Results
2024-02-22 14:29
Exhibit 99.1 Corporate Headquarters 4350 Congress Street Suite 600 Charlotte, NC 28209 U.S.A. www.glatfelter.com For Immediate Release Contacts: | Investors: | Media: | | --- | --- | | Ramesh Shettigar | Eileen L. Beck | | (717) 225-2746 | (717) 225-2793 | | ramesh.shettigar@glatfelter.com | eileen.beck@glatfelter.com | 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 wi ...
Glatfelter (GLT) - 2023 Q3 - Earnings Call Transcript
2023-11-03 22:16
Company Participants Ramesh Shettigar - Senior Vice President, Chief Financial Officer and Treasurer. Thomas Fahnemann - President and Chief Executive Officer Josh Wool - Carlson Capital Roger Spitz - Bank of America Mike Ginnings - Angelo Gordon Operator At this time, I'd like to turn the conference over to Ramesh Shettigar. Please go ahead, sir. Thomas Fahnemann Overall, we posted adjusted EBITDA of $25.5 million for this quarter, reflecting a strong sequential recovery as our turnaround strategy continue ...
Glatfelter (GLT) - 2023 Q3 - Quarterly Report
2023-11-02 20:03
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 company or emerging growth company. See the definitions of "large accelerated filer", "accelerated filer", "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act. | Large Accelerated Filer | ☐ | Accelerated filer | ☒ | | --- | --- | --- | --- | | Non-accelerated filer | ☐ | Smaller reporting company | ...
Glatfelter (GLT) - 2023 Q2 - Earnings Call Transcript
2023-08-05 15:49
But this was a little bit of a time lag. And normally what we have is when prices are coming down you can say it takes us probably two to three months because of our raw material inventory, which we have to keep in all of our sites, to really see the real impact. So, I would say itÂ's probably eight to 12 weeks then we see it as well. Okay. And once again that does conclude todayÂ's conference. We thank you all for your participation. You may now disconnect. Ramesh Shettigar Glatfelter Corporation. (NYSE:GL ...
Glatfelter (GLT) - 2023 Q2 - Quarterly Report
2023-08-03 20:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to 4350 Congress Street, Suite 600 Charlotte, North Carolina 28209 (Address of principal executive offices) (704) 885-2555 | (Registrant's telephone number, including are ...
Glatfelter (GLT) - 2023 Q1 - Earnings Call Transcript
2023-05-05 23:46
Thomas Fahnemann Unfortunately, in certain areas, the raw materials are not coming down as fast as we wish. In other areas, they are coming down. And one big trigger also here is that there was a high expectation that after Chinese New Year the Chinese demand would pick up. And this hasn't happened yet. I mean, it picked up but not to the extent which everybody was expecting. So if I look at the pulp market a relatively weak. On the other hand fluff pulp which is an extremely strategic raw material for us t ...
Glatfelter (GLT) - 2023 Q1 - Earnings Call Presentation
2023-05-05 14:34
− Higher incentive accruals Notes: (*) Corporate costs are primarily comprised of employee costs, legal fees, and professional services fees. The sum of individual amounts set forth above may not agree to the column totals due to rounding. Cash Flow − Adjusted EBITDA higher by ~$2 million − Interest paid increased by ~$3 million related to higher interest rates 10 • Expect full year 2023 EBITDA to be between $110 million and $120 million • Cash Interest estimated to be approximately $60 million, reflecting ...