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Minerals Technologies Inc. Announces 2025 Fourth Quarter and Full Year Financial Results
Globenewswire· 2026-01-29 22:00
NEW YORK, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI”), a leading, technology-driven specialty minerals company, today reported earnings per share for the fourth quarter ended December 31, 2025, of $1.19, or $1.27 excluding special items. “This past year, MTI demonstrated our strength as a company through the resilience and ingenuity of our teams around the world. We navigated multiple market challenges while remaining focused on our growth projects and strategic initiati ...
Minerals Technologies Inc. Announces Paper and Packaging Satellite Expansions in Asia
Globenewswire· 2026-01-14 14:41
Core Insights - Minerals Technologies Inc. (MTI) is expanding its paper and packaging business in Asia, with the startup of three new satellite plants in 2025 and the doubling of capacity at an existing plant in India, along with an additional satellite expected to launch in early 2026 [2][3][4] Expansion Details - MTI launched two new satellite plants in China and one in India in 2025, and doubled the capacity of a plant in India [3] - An additional satellite in China is expected to be commissioned in early 2026 [3] Market Focus - 50% of MTI's expansions in Asia for 2025 and 2026 are dedicated to packaging applications, reflecting a strategic focus on this segment [4] - The company has experienced a 30% growth in volumes in Asia since 2022, with sales for packaging applications more than doubling [4] Technology and Innovation - MTI utilizes crystal engineering technology and deep minerals expertise to enhance paper quality while reducing costs, setting a global standard for innovation in paper and packaging [4] - The company's fillers replace expensive wood fiber in uncoated paper, resulting in a brighter and more opaque product, while engineered pigments for coating applications provide exceptional coverage and gloss [4]
Minerals Technologies Inc. Announces Fourth Quarter and Full Year 2025 Conference Call on January 30, 2026
Globenewswire· 2026-01-08 15:00
Core Viewpoint - Minerals Technologies Inc. (MTI) will release its fourth quarter and full year results for 2025 on January 29, 2026, after market close, followed by a conference call on January 30, 2026, at 11 a.m. ET to discuss these results [1]. Group 1 - The conference call will be accessible via a dial-in number for U.S. participants (+1 877-270-2148) and for international participants (+1 412-902-6510), with the conference ID being "Minerals Technologies" [2]. - A replay of the conference call will be available starting from 2 p.m. ET on January 30, 2026, for one year [3]. Group 2 - Minerals Technologies Inc. is a global, technology-driven specialty minerals company that develops, produces, and markets a wide range of minerals and mineral-based products and services [4]. - The company reported global sales of $2.1 billion in 2024 and operates with 4,000 employees across 34 countries [4].
Minerals Technologies Inc. Announces 2025 Third Quarter Financial Results
Globenewswire· 2025-10-23 21:00
Core Insights - Minerals Technologies Inc. (MTI) reported record earnings per share of $1.37 for Q3 2025, or $1.55 excluding special items, indicating strong financial performance despite mixed market conditions [1][3] - The company's worldwide net sales reached $532 million, reflecting a 1% increase both sequentially and year-over-year [2][24] - Operating income was reported at $71 million, or $78 million excluding special items, showing a slight decline of 1% compared to the previous quarter and the same quarter last year [2][26] Financial Performance - Earnings per share for Q3 2025 was $1.37, with a record of $1.55 when excluding special items [1][3] - Operating income was $71 million, down 1% sequentially and year-over-year, with an operating margin of 14.7% excluding special items [2][26] - Cash flow from operations was $71 million, while free cash flow stood at $44 million for the quarter [2][20] Segment Performance - The Consumer & Specialties segment reported sales of $277 million, remaining flat sequentially, with Household & Personal Care product line sales increasing by 2% to $130 million [3][4] - The Engineered Solutions segment saw sales of $255 million, up 2% sequentially, with notable growth in Environmental & Infrastructure product line sales, which increased by 5% [5][6] - Segment operating income for Consumer & Specialties was $37 million, maintaining an operating margin of 13.5%, while Engineered Solutions segment operating income improved to $45 million, achieving a record operating margin of 17.6% [4][6] Strategic Outlook - The CEO highlighted opportunities for growth across the company, particularly in Household & Personal Care, supported by strategic investments [3][4] - The company aims to leverage its technology-driven approach to enhance product offerings and capture market share in consumer-driven end markets [4][10]
Minerals Technologies Inc. Announces Investment to Support Significant Growth Opportunity in the Use of Renewable Fuels
Globenewswire· 2025-10-20 14:42
Core Insights - Minerals Technologies Inc. (MTI) announced an investment in its Uşak City, Turkey plant to enhance the Rafinol™ product line for the natural oil purification market [1][2] - The global natural oil purification market is valued at $1.1 billion, with renewable fuel representing 12% of this market and being the fastest-growing segment [2] - MTI's Rafinol™ brand includes two product lines: one for biodiesel and renewable diesel purification, and another for bleaching earths and adsorbents for consumer oils [3] Company Strategy - The investment in natural oil purification aligns with MTI's long-term growth strategy focused on higher-growth, consumer-oriented markets [4] - MTI aims to leverage its unique mineral reserves and technological capabilities to address complex customer challenges [4] Market Position - MTI's Rafinol™ is recognized as the leading technology in the natural oil purification market, benefiting from regulatory changes promoting renewable fuels in the U.S. and Europe [2] - The company reported global sales of $2.1 billion in 2024 and operates in 34 countries with a workforce of 4,000 employees [5]
Minerals Technologies Inc. Announces Increase in Quarterly Dividend; Third Consecutive Year of Dividend Increases
Globenewswire· 2025-10-15 13:17
Core Viewpoint - Minerals Technologies Inc. (MTI) announced a 9% increase in its regular quarterly dividend to $0.12 per share, reflecting the company's confidence in its cash flow and long-term growth strategy [1][2]. Dividend Announcement - The increased dividend is payable on December 4, 2025, to stockholders of record as of October 30, 2025 [1]. - This marks the third consecutive year that MTI's Board of Directors has authorized a dividend increase [2]. Capital Deployment Strategy - MTI's quarterly dividend is part of a balanced capital deployment strategy that includes organic and inorganic investments, share repurchases, and maintaining a strong balance sheet [3]. - In October 2024, MTI's Board authorized a $200 million share repurchase program, with $50 million of shares repurchased by the end of the third quarter of 2025 [3]. Company Overview - Minerals Technologies Inc. is a global specialty minerals company with reported global sales of $2.1 billion in 2024 and operates in 34 countries with 4,000 employees [5].
Minerals Technologies Inc. Announces Third Quarter 2025 Conference Call on October 24, 2025
Globenewswire· 2025-09-25 14:00
Core Viewpoint - Minerals Technologies Inc. (MTI) will release its third-quarter results on October 23, 2025, and will host a conference call on October 24, 2025, to discuss these results [1][2]. Company Overview - Minerals Technologies Inc. is a global, technology-driven specialty minerals company that develops, produces, and markets a wide range of minerals and mineral-based products and services [4]. - The company utilizes global mineral reserves with core technologies to deliver innovative solutions for products that are part of everyday life [4]. - MTI serves customers in consumer and industrial markets worldwide, employing 4,000 people across 34 countries, and reported global sales of $2.1 billion in 2024 [4].
Minerals Technologies Inc. Announces Participation in Gabelli's 3rd Annual PFAS Symposium
Globenewswire· 2025-09-04 16:28
Core Viewpoint - Minerals Technologies Inc. (MTI) is participating in Gabelli's third annual PFAS Symposium to present its FLUORO-SORB® adsorbent technology for PFAS remediation [1][2]. Group 1: Company Overview - Minerals Technologies Inc. is a technology-driven specialty minerals company based in New York, developing and marketing a wide range of mineral and mineral-based products [4]. - The company serves various consumer and industrial markets, including household, food and pharmaceutical, paper, packaging, automotive, construction, and environmental sectors [4]. - MTI reported global sales of $2.1 billion in 2024 [4]. Group 2: Technology and Applications - MTI will showcase its proprietary FLUORO-SORB® adsorbent technology, designed to effectively remediate PFAS in water and soil [2]. - FLUORO-SORB® is compatible with existing remediation efforts and can be utilized in various applications such as flow-through filtration media, permeable reactive barriers, in situ stabilization, soil solidification, and sediment capping [2]. - Over the past 24 months, FLUORO-SORB® has been installed in numerous full-scale applications and has been validated by leading research universities and field pilot studies, confirming its effectiveness as a treatment media [3].
Minerals Technologies Inc. Announces Participation at Upcoming Investor Conferences
Globenewswire· 2025-08-07 14:24
Company Overview - Minerals Technologies Inc. (MTI) is a technology-driven specialty minerals company based in New York, developing, producing, and marketing a wide range of mineral and mineral-based products, systems, and services [2] - The company serves various consumer and industrial markets, including household, food and pharmaceutical, paper, packaging, automotive, construction, and environmental sectors [2] - MTI reported global sales of $2.1 billion in 2024 [2] Upcoming Events - MTI will participate in two upcoming investor conferences: Seaport Research Partners' Annual Summer Conference on August 19, 2025 (virtual) and Jefferies' Industrials Conference on September 4, 2025 (in-person in New York, NY) [3] - Key representatives at these events include Douglas T. Dietrich (Chairman and CEO), Erik Aldag (CFO), and Lydia Kopylova (Vice President of Investor Relations) [1][3] - At the Jefferies' Industrials Conference, Douglas T. Dietrich will present at 3:30 PM ET and will also engage in one-on-one meetings with individual investors [3]
Minerals Technologies Inc. Announces 2025 Second Quarter Financial Results
Globenewswire· 2025-07-24 21:00
Core Insights - Minerals Technologies Inc. (MTI) reported strong second quarter results with earnings per share of $1.44, or $1.55 excluding special items, reflecting a 36% sequential increase [1] - The company achieved an operating income of $75 million, or $79 million excluding special items, which is a 25% sequential increase [3] - MTI's worldwide net sales for the second quarter were $529 million, up 8% sequentially but down 2% year-over-year due to softer market conditions [2] Financial Performance - The operating margin excluding special items improved by 200 basis points sequentially to 14.9% of sales [3] - Cash flow from operations was reported at $63 million, with free cash flow of $34 million [4] - The company returned $22 million to shareholders through stock repurchases and dividends in the second quarter [4] Segment Performance - The Consumer & Specialties segment reported sales of $278 million, up 4% sequentially, driven by improved customer order patterns and higher residential construction activity [6] - The Engineered Solutions segment saw sales of $251 million, up 12% sequentially, with a notable 35% increase in the Environmental & Infrastructure product line [9] - Segment operating income for Consumer & Specialties was $37 million, up 24% sequentially, while Engineered Solutions reported $44 million, a 27% improvement [7][10] Sustainability Initiatives - MTI published its 17th Annual Sustainability Report, highlighting achievements in environmental goals, including a 14% reduction in Scope 1 emissions and a 10% reduction in Scope 2 emissions year-over-year [13][14] - The report indicated that 66% of new products have a sustainable profile, supporting customers in achieving their sustainability goals [14] Market Outlook - The CEO expressed confidence in the company's ability to generate strong results amid market uncertainties, indicating a positive outlook for the second half of the year [5] - The company is well-positioned to capitalize on growth initiatives and the momentum observed in sales improvement [5]