Vancouver, British Columbia, April 11, 2025 – TheNewswire - Rockland Resources Ltd. (the “Company” or "Rockland") (CSE: RKL)(OTCQB:BERLF), is pleased to report on its experience at the Beryllium Health and Safety Committee (BHSC) Meeting that was held March 25-26th in Cobourg, Ontario.  These international meetings are held semi-annually and focus on the safe handling and use of beryllium, including future applications in the clean energy sector.  Representatives of Rockland in attendance included Mr. Chri ...

Vancouver, British Columbia – TheNewswire - March 25, 2025, Rockland Resources Ltd. (the “Company” or "Rockland") (CSE: RKL), is pleased to announce the acquisition of the Claybank Beryllium Project in Juab County, Utah, located five kilometers northeast of Spor Mountain, the largest global beryllium producer operated by Materion Corp. (NYSE: MTRN)(1). Claybank connects via a 4.5km spur to the paved Brush Highway that is used to ship ore from Spor Mountain’s mining operations to their treatment plant locat ...

Core Insights - Materion (NYSE: MTRN) has experienced a more interesting couple of years than initially expected, raising concerns about its valuation [1] Company Analysis - The article reflects on the recent performance and valuation concerns of Materion, indicating a need for further evaluation of its investment potential [1] Industry Context - No specific industry context or broader market analysis is provided in the content [1]

Materion Corporation (NYSE:MTRN) Q4 2024 Earnings Conference Call February 19, 2025 10:00 AM ET Company Participants Kyle Kelleher - Director, Investor Relations & Corporate FP&A Jugal Vijayvargiya - President & Chief Executive Officer Shelly Chadwick - Vice President & Chief Financial Officer Conference Call Participants Mike Harrison - Seaport Research Partners Daniel Moore - CJS Securities Phil Gibbs - KeyBanc David Silver - CL King Dave Storms - Stonegate Kyle Kelleher Greetings, and welcome to the Mate ...

Financial Performance and Operations - The backlog of unshipped orders as of December 31, 2024, was $537.6 million, down from $573.4 million in 2023 and $576.2 million in 2022, with expectations to fill substantially all orders over the next 18 months [29]. - Materion employed approximately 3,037 people globally as of December 31, 2024, with 2,005 in manufacturing roles, indicating a strong employee base to support operations [33]. - The company has implemented restructuring efforts aimed at reducing costs and improving operational efficiency, but future economic disruptions may impact these initiatives [100]. - Restructuring initiatives and labor relations changes could lead to workforce interruptions, negatively affecting business operations [103]. Safety and Compliance - In 2024, Materion achieved a 20% improvement in its injury frequency rate, reflecting enhanced safety measures and training initiatives [35]. - The company is subject to various laws and regulations that may increase costs and impact operations, including trade regulations and data protection laws, necessitating material investments in compliance [32]. - Materion's compliance programs may involve significant investments in processes, training, and technology to meet increasingly complex regulations [32]. Risk Management - Materion's credit facilities are secured by substantially all assets, and a significant portion of its bank debt consists of variable-rate obligations, exposing the company to interest rate fluctuations [91]. - The company is actively pursuing acquisitions to drive growth, but there are risks associated with successfully integrating acquired businesses and achieving expected synergies [96]. - Materion's products are complex and may contain undetected defects, which could lead to installation delays and damage to reputation, impacting sales [98]. - Customer contracts may expose the company to penalties and liabilities due to issues with product functionality and delivery, potentially affecting financial results [99]. Workforce and Culture - The company has a strong focus on diversity and inclusion, with four employee resource groups established to support various demographics [38]. - Retaining qualified management and skilled employees is critical for maintaining product quality and customer relationships, with intense competition for such personnel [102]. Research and Development - Continuous investment in R&D is emphasized to maintain a competitive edge through the development of advanced coatings and optical solutions [30].

Materion Corporation 4Q 2024 Earnings Presentation February 19, 2025 © 2025 Materion Corporation | Agenda | | | --- | --- | | Introduction | Kyle Kelleher – Director, Investor Relations and Corporate FP&A | | Opening Remarks & Business Update | Jugal Vijayvargiya – President and Chief Executive Officer | | Financial Review | Shelly Chadwick – Vice President and Chief Financial Officer | | Q&A | Question and Answer Session | 2 © 2025 Materion Corporation Forward-looking Statements and Non-GAAP Financial Info ...

Core Insights - Materion (MTRN) reported revenue of $436.87 million for the quarter ended December 2024, marking a year-over-year increase of 3.8% and exceeding the Zacks Consensus Estimate of $430.95 million by 1.37% [1] - The company's EPS for the same period was $1.55, up from $1.41 a year ago, and also surpassed the consensus EPS estimate of $1.43 by 8.39% [1] Financial Performance - Value-added Sales (non-GAAP) for Performance Materials reached $195.80 million, exceeding the average estimate of $165.90 million from two analysts [4] - Value-added Sales (non-GAAP) for Precision Optics were reported at $21.70 million, which was below the average estimate of $23.35 million from two analysts [4] - Value-added Sales (non-GAAP) for Electronic Materials amounted to $78.60 million, surpassing the average estimate of $73.40 million from two analysts [4] Stock Performance - Materion's shares have returned -4.2% over the past month, contrasting with the Zacks S&P 500 composite's +4.7% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Materion (MTRN) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.39%. A quarter ago, it was expected that this supplier of engineered materials to technology companies would post earnings of $1.41 per share when it actually produced earnings of $1.41, delivering no surprise.Over the ...

Financial Performance - Fourth quarter net sales were $436.9 million, an increase from $421.0 million in the prior year period, while full-year net sales reached $1.68 billion, slightly up from $1.67 billion[4][9]. - The company reported a net loss of $48.8 million, or $2.33 loss per diluted share, compared to a net income of $19.5 million, or $0.93 per share, in the prior year quarter[7][10]. - Value-added sales for the full year were $1.10 billion, down 3% from the prior year due to weakness in key markets, partially offset by strength in space & defense[9][10]. - For the fourth quarter ended December 31, 2024, net sales increased to $436.9 million, up from $421.0 million in the same quarter of 2023, representing a growth of 1.4%[33]. - The company's net income for the fourth quarter was a loss of $48.8 million, compared to a profit of $19.5 million in Q4 2023, indicating a significant decline[34]. - Value-added sales for the fourth quarter were $296.1 million, slightly up from $289.7 million year-over-year, reflecting a growth of 0.5%[33]. EBITDA and Margins - Adjusted EBITDA for the fourth quarter was a record $61.5 million, representing 20.8% of value-added sales, compared to $53.3 million or 18.4% in the prior year[8]. - For the full year, adjusted EBITDA was $221.2 million, up from $217.7 million in the prior year, achieving a mid-term target of 20% adjusted EBITDA margin for the first time in company history[10][5]. - The company established a new mid-term adjusted EBITDA margin target of 23%, indicating an expected improvement of 300 basis points over the next several years[5]. - Adjusted EBITDA for Performance Materials was $53.6 million in Q4 2024, compared to $46.0 million in Q4 2023, with an adjusted EBITDA margin of 25.4% of net sales[36]. - Adjusted EBITDA for Electronic Materials increased to $14.7 million in Q4 2024 from $11.0 million in Q4 2023, representing an adjusted EBITDA margin of 7.2% of net sales[36]. - The company reported a total adjusted EBITDA of $178.8 million for the twelve months ended December 31, 2024, compared to $181.2 million in 2023, reflecting a slight decline year-over-year[36]. Market Outlook - Materion expects mid-single digit top-line growth in 2025, excluding precision clad strip, with earnings guidance of $5.30 to $5.70 per share, reflecting a 3% increase from the prior year at the midpoint[12][13]. - The company remains cautiously optimistic about market dynamics entering 2025, anticipating earnings growth from operational excellence and market outperformance[12][13]. Asset and Cash Flow Management - Total assets decreased from $1,762,726,000 in December 31, 2023 to $1,697,632,000 in December 31, 2024, a decline of approximately 3.7%[23]. - Total net cash provided by operating activities decreased to $87,817,000 in 2024 from $144,414,000 in 2023, representing a decline of 39.1%[27]. - Cash and cash equivalents increased to $16,713,000 at the end of 2024 from $13,294,000 at the end of 2023, an increase of 25.5%[27]. - Long-term debt rose to $407,734,000 in 2024 from $387,576,000 in 2023, an increase of 5.4%[23]. - Operating lease liabilities increased to $62,626,000 in 2024 from $53,817,000 in 2023, reflecting a rise of 16.5%[23]. Segment Performance - The company's operating profit for the Performance Materials segment was $43.4 million in Q4 2024, up from $33.0 million in Q4 2023, showing a growth of 31.1%[30]. - Precision Optics segment reported an operating loss of $77.0 million in Q4 2024, compared to a loss of $0.4 million in Q4 2023, highlighting a substantial deterioration[30]. - Performance Materials segment net sales for Q4 2024 were $211.0 million, up from $201.1 million in Q4 2023, while total net sales for the twelve months ended December 31, 2024, were $744.5 million, down from $755.5 million in 2023[36]. - Electronic Materials segment net sales increased to $204.2 million in Q4 2024 from $193.9 million in Q4 2023, with total net sales for the twelve months reaching $845.7 million, compared to $805.8 million in 2023[36]. - Precision Optics segment reported a decline in Q4 2024 net sales to $21.7 million from $26.0 million in Q4 2023, with total net sales for the twelve months at $94.5 million, down from $103.9 million in 2023[36]. Special Items and Charges - The total special items for the fourth quarter amounted to $82.0 million, significantly higher than $10.0 million in Q4 2023, indicating increased costs related to restructuring and impairments[33]. - The company reported an impairment charge of $73,201,000 in 2024, indicating significant asset write-downs[27]. - The company incurred restructuring and cost reduction expenses of $0.1 million in Q4 2024 for the Performance Materials segment, while total restructuring costs for the twelve months were $2.9 million[36].

Core Viewpoint - Wall Street analysts predict Materion (MTRN) will report quarterly earnings of $1.43 per share, reflecting a year-over-year increase of 1.4%, with revenues expected to reach $430.95 million, a 2.4% increase compared to the previous year [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate for the quarter has been revised downward by 8.1%, indicating a collective reassessment by analysts of their initial forecasts [2]. - Changes in earnings estimates are crucial for predicting potential investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock price performance [3]. Key Metrics Forecast - Analysts forecast 'Value-added Sales (non-GAAP) - Performance Materials' to be $165.90 million, down from $186 million reported in the same quarter last year [5]. - The average estimate for 'Value-added Sales (non-GAAP) - Precision Optics' is $23.35 million, compared to $26 million reported in the same quarter last year [5]. - 'Value-added Sales (non-GAAP) - Electronic Materials' is expected to be $73.40 million, down from $77.70 million reported in the same quarter last year [6]. Market Performance - Materion shares have decreased by 4% over the past month, contrasting with the Zacks S&P 500 composite's increase of 4.7%, and the company holds a Zacks Rank 4 (Sell), indicating expected underperformance in the near term [6].