Matthews International Q1 Earnings Call Highlights
According to management, remaining pension liabilities are now well below $10 million , down from more than $300 million a few years ago (including $125 million unfunded at that time). CFO Dan Stopar said net debt at December 31, 2025 was $506 million , down $173 million in the quarter, driven by divestiture proceeds.Bartolacci said Matthews closed the sale of its warehouse automation business for $225 million , which he characterized as a 15x adjusted EBITDA multiple and an 11x after-tax multiple. He also ...