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Mativ Announces Fourth Quarter and Full Year 2024 Results

1. Mativ sold its Engineered Papers business, affecting future financial results. 2. Earnings results show performance for continuing operations post-sale.

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FAQ

Why Bullish?

The sale may streamline operations and improve profitability long-term, similar to past divestitures enhancing focus on core business.

How important is it?

The article details significant operational changes that could materially influence MATV’s future financial health.

Why Long Term?

The sale's benefits will manifest over time as the company refocuses, akin to successful restructurings seen in other firms.

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ALPHARETTA, Ga.--(BUSINESS WIRE)--Mativ Holdings, Inc. ("Mativ" or the "Company") (NYSE: MATV) reported earnings results for the three months and year ended December 31, 2024. On November 30, 2023, Mativ Holdings, Inc. (“Mativ” or the “Company”) completed the sale of its Engineered Papers business. Financial results for continuing operations exclude Engineered Papers in all periods. Adjusted measures are reconciled to GAAP at the end of this release. Financial comparisons are versus the prior y.

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