Financial Data and Key Metrics Changes - Consolidated sales increased modestly to $450 million in the first quarter of fiscal 2024 from $449 million in the same period last year, primarily driven by higher sales in the industrial technologies and memorialization segments [8][38] - Consolidated adjusted EBITDA decreased to $45.5 million from $49.3 million year-over-year, reflecting lower adjusted EBITDA in the industrial technologies and memorialization segments, partially offset by an increase in the SGK Brand Solutions segment [39][68] - The net loss attributable to the company for the quarter was $2.3 million or $0.07 per share, compared to income of $3.7 million or $0.12 per share in the prior period [79] Business Line Data and Key Metrics Changes - Memorialization sales were $208.1 million, up from $206.5 million a year ago, mainly due to higher granite sales and the acquisition of Eagle Granite, despite a decline in casket sales [13][41][75] - SGK Brand Solutions segment reported sales of $130.5 million, down from $133.6 million, primarily due to lower retail base sales and continued weakness in the European brand market [42] - Industrial Technology segment sales increased to $111.4 million from $109.1 million, driven by growth in energy storage solutions [80] Market Data and Key Metrics Changes - The company noted a favorable impact of currency changes, contributing $5.1 million to current quarter sales and $354,000 to adjusted EBITDA compared to the previous year [14][41] - The energy solutions segment is expected to see higher revenue in fiscal 2024 than the previous year, driven by strong interest in hydrogen fuel cell production [34][37] Company Strategy and Development Direction - The company aims to continue consolidating sales growth and EBITDA for the full year, despite current delays in energy solutions, with a backlog of over $100 million at the end of the first quarter [37][74] - The strategy to extend marketing execution services to eCommerce digital marketing is expected to generate over $40 million in sales this year [76] - The company has renewed its revolving credit facility, providing access to capital during uncertain economic conditions [12][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving growth despite challenges in energy sales, emphasizing ongoing discussions with major global OEMs and battery manufacturers [50][69] - The memorialization business is expected to continue performing well, with recent weeks showing higher-than-normal sales volumes [75] - Management anticipates stronger cash flow trends in the latter half of the fiscal year as orders from the previous year convert to cash [77] Other Important Information - The company declared a dividend of $0.24 per share, payable on February 19, 2024 [20] - Outstanding debt increased to $862 million at the end of the quarter, with a leverage ratio of 3.71 compared to 3.31 at the end of the previous quarter [44] Q&A Session Summary Question: What are the expectations for energy storage and overall revenue growth? - Management indicated that discussions with customers are ongoing, and while timing of order intake is uncertain, they remain confident in achieving positive growth year-over-year [50] Question: How is the memorialization segment performing, especially regarding casket sales? - Management noted that while casket sales have normalized, granite memorial sales have increased, and they expect overall performance to remain strong [51][60] Question: What is the status of profit initiatives at OLBRICH? - Management stated that they expect profit contributions from OLBRICH to improve as cost actions are implemented [28][62]

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 December 31, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition Period from _____ to _____ Commission File No. 0-09115 ____________________________________________________________ ...

Key Drivers • Growth in consolidated sales and adjusted EBITDA • Customer interest in the energy storage solutions business remains strong • Large longer-term projects impact quarterly predictability The Company has presented constant currency sales and constant currency adjusted EBITDA and believes these measures provide relevant and useful information, which is used by the Company's management in assessing the performance of its business on a consistent basis by removing the impact of changes due to forei ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 __________________________________________________________________________________________________________________________ FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Fiscal Year Ended September 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 _____ Commission File No. 0-09115 ______ ...

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 _____ Commission File No. 0-09115 ____________________________________________________________ MATT ...

Matthews International Corporation (NASDAQ:MATW) Q3 2023 Results Conference Call July 28, 2023 9:00 AM ET Company Participants Bill Wilson - SD, Corporate Development Joe Bartolacci - President, CEO Steve Nicola - CFO Conference Call Participants Justin Bergner - Gabelli Liam Burke - B. Riley Pete Lukas - CJS Securities Operator Greetings, and welcome to the Matthews International Third Quarter Fiscal 2023 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being rec ...

© 2023 Matthews International Corporation. All Rights Reserved. © 2023 Matthews International Corporation. All Rights Reserved. Warehouse Automation systems tracking and distribution of products Product Manufactures and markets products and systems that employ different marking technologies, including laser and ink-jet printing IP protected process for advanced calendering processes Leader in the renewable energy market with advanced manufacturing solutions for lithium-ion batteries > Highly innovative and ...

Matthews International Corporation. (NASDAQ:MATW) Q2 2023 Earnings Conference Call April 28, 2023 9:00 AM ET Company Participants Bill Wilson - Senior Director of Corporate Development Joe Bartolacci - President & CEO Steven Nicola - CFO Conference Call Participants Daniel Moore - CJS Securities Liam Burke - B. Riley Justin Bergner - Gabelli Funds Operator Greetings. Welcome to the Matthews International Second Quarter Fiscal 2023 Financial Results. At this time, all participants are in a listen-only mode. ...

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 March 31, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition Period from _____ to _____ (I.R.S. Employer Identification No.) Two Northshore Center, Pittsburgh, PA 15212-5851 (Addre ...

Matthews International Second Quarter Fiscal 2023 Earnings Teleconference April 28, 2023 www.matw.com | Nasdaq: MATW Joseph C. Bartolacci President and Chief Executive Officer Steven F. Nicola Chief Financial Officer DISCLAIMER Any forward-looking statements contained in this presentation are included pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's ...