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Mativ (MATV) Presents At Sidoti's September Small-Cap Virtual Conference
MativMativ(US:MATV)2022-09-26 19:28

Company Overview - Mativ is a global leader in specialty materials with approximately $3 billion in annual sales[3] - The company boasts synergized EBITDA of over $450 million with margins exceeding 15% and expanding[3] - The company has approximately 7,500 employees and sales in over 100 countries[8] Financial Performance and Synergies - The company anticipates achieving over $65 million in initial cost synergies, with half of the run-rate expected within 12 months[6] - The company issued 2H:22 combined guidance of $210 million - $230 million in 2Q:22 earnings, with capacity for continued 15%+ adjusted EBITDA margin[20] - The company's capital allocation strategy prioritizes de-levering, targeting a leverage ratio of approximately 3.75x or below by YE 2022, and a long-term target of 2.5-3.5x in 2023[26] Business Segments - Advanced Technical Materials (ATM) accounts for approximately 65% of enterprise sales, while Fiber-Based Solutions (FBS) accounts for approximately 35%[3] - Within ATM, Industrials represent approximately 35% of the segment, Filtration approximately 25%, Protective Solutions approximately 15%, Healthcare approximately 15%, and Release Liners approximately 10%[13] - Within FBS, Packaging & Specialty Papers account for approximately 55% of the segment, and Engineered Papers account for approximately 45%[15]