Schweitzer-Mauduit International, Inc., together with its subsidiaries, provides engineered solutions and advanced materials for various industries worldwide. It operates through two segments, Advanced Materials & Structures and Engineered Papers. The Advanced Materials & Structures segment manufactures and sells resin-based rolled goods, such as nets, films, and meltblown materials for filtration, transportation, construction and infrastructure, medical, and industrial end-markets. The Engineered Papers segment provides low ignition propensity cigarette papers that are designed to self-extinguish when not actively being smoked; reconstituted tobacco, and wrapper and binder products use in machine-made cigars; alkaline battery separator papers; and commodity paper grades for printing and writing, flooring laminates, and food service packaging. The company was incorporated in 1995 and is headquartered in Alpharetta, Georgia.
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Exchange: NYSE
Website: swmintl.com
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AKRON, Ohio--(BUSINESS WIRE)--Myers Industries, Inc. (NYSE: MYE) a manufacturer of polymer products and distributor for the tire, wheel, and under-vehicle service industry, today announced that Yvette Dapremont Bright, current president of Brighter Horizon Foundation, and Jeffrey Kramer, current Chief Executive Officer of Schweitzer-Mauduit International (NYSE: SWM) have been appointed to Myers Industries’ Board of Directors effective February 12, 2021. “Both Yvette and Jeff’s extensive careers in leading corporate transformations will bring significant value and capability to Myers’ Board of Directors and will add fuel to our journey of creating a multibillion-dollar, high growt
IFF (NYSE:IFF) today announced that Deborah Borg will join the Company as Executive Vice President, Chief Human Resources and Diversity & Inclusion Officer, effective August 29, 2022. Peter Sommers—currently Interim Chief Human Resources Officer—will resume the position of VP, Global People Services and support Borg for a seamless transition. Borg joins IFF from Bunge Limited, where she served as Chief Human Resources and Communications Officer since 2016. In that role, she was responsible for its people, culture, communications strategy and operations for the company's 25,000-employee global Agribusiness and Food organizations. Prior to joining Bunge, she served in a variety of leadership
NEW YORK, June 28, 2022 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices: S&P SmallCap 600 constituent Omnicell Inc (NASD: OMCL) will replace Coherent Inc. (NASD: COHR) in the S&P MidCap 400, and Stride Inc (NYSE:LRN) will replace Omnicell in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, July 5. S&P MidCap 400 constituent II-VI Inc. (NASD: IIVI) is acquiring Coherent in a deal expected to be completed on July 1, pending final closing conditions.S&P SmallCap 600 constituent Southwestern Energy Co. (NYSE:SWN) will replace CDK Global Inc. (NASD:CDK) in the S&P MidCap 400, and Frontdo
Schweitzer-Mauduit International, Inc. (NYSE:SWM) ("SWM") and Neenah, Inc. (NYSE:NP) ("Neenah"), two leading global manufacturers of specialty materials, today announced the future name of the combined company upon completing the pending all-stock merger of equals. Each company's shareholders are scheduled to vote on the transaction on June 29, 2022. The transaction is expected to close on or around July 1, 2022, subject to Neenah and SWM shareholder approval, approval by antitrust authorities in Poland, and other customary closing conditions. Upon close, the new company name will be Mativ, Inc. ("Mativ") and its shares will begin trading on the NYSE under the ticker symbol "MATV." The "SW
Alpharetta, GA, June 10, 2022 (GLOBE NEWSWIRE) -- Schweitzer-Mauduit International, Inc. ("SWM" or the "Company") (NYSE:SWM) announced today that the Company is scheduled to participate in the Sidoti Summer 2022 Virtual Investor Conference. The presentation will be on Thursday, June 16, beginning at 9:15 am E.T. The live webcast of the presentation can be accessed using the following link https://sidoti.zoom.us/webinar/register/WN_V50Ntx4JTpe9plscOtXzoA or through the Company's investor relations website at https://ir.swmintl.com About SWMSchweitzer-Mauduit International, Inc., operating as SWM International, is a leading global performance materials company focused on finding ways to im
Alpharetta, May 31, 2022 (GLOBE NEWSWIRE) -- Schweitzer-Mauduit International, Inc. ("SWM" or the "Company") (NYSE:SWM) announced today that the Company is scheduled to participate in the Stifel 2022 Cross Sector Insights Conference. The presentation will be on Tuesday, June 7, beginning at 10:20 am E.T. The live webcast of the presentation can be accessed using the following link https://wsw.com/webcast/stifel68/swmi/2126752 or through the Company's investor relations website at https://ir.swmintl.com Investor Contact: Mark Chekanow Director, Investor Relations (770) 569-4229 [email protected]
Schweitzer-Mauduit International, Inc. (NYSE:SWM) ("SWM") and Neenah, Inc. (NYSE:NP) ("Neenah"), two leading global manufacturers of specialty materials, today announced the future executive leadership team and operating structure for the combined company, effective upon completing their pending merger. Executive Leadership Team As previously announced, Julie Schertell, President and Chief Executive Officer of Neenah, will serve as President, Chief Executive Officer, and a member of the Board of Directors. Dr. Jeff Kramer, Chief Executive Officer of SWM, will serve as a strategic advisor. John D. Rogers, Non-Executive Chairman of the SWM Board, will serve as Non-Executive Chair of the Boa
Alpharetta, May 04, 2022 (GLOBE NEWSWIRE) -- Schweitzer-Mauduit International, Inc. ("SWM" or the "Company") (NYSE:SWM) reported earnings results for the three months ended March 31, 2022. Adjusted measures are reconciled to GAAP at the end of this release. Financial and operating comparisons are versus the prior year period unless stated otherwise. Figures may not sum to total due to rounding. Definitions: Advanced Materials & Structures (AMS), Engineered Papers (EP), "organic" - excludes Scapa acquisition that closed in April 2021 and certain AMS sales related to assets classified as held-for-sale. First Quarter 2022 Highlights Sales increased 41% to $406.8 million; organic sal
Robust demand and pricing actions drive top line performance Sequential improvement in margins, increasing by over 100 bps versus Q4 2021 Strong execution with clear progress towards near- and long-term strategic goals Announced agreement to merge with SWM, accelerating growth, creating compelling synergies and scale Neenah, Inc. (NYSE:NP) today reported first quarter 2022 results. First Quarter Highlights Record net sales of $284.8 million, up 25 percent from the prior year, reflecting selling price actions to recover input costs and higher volume in both segments. Excluding the effects of the April 2021 Itasa acquisition and a facility closure, net sales were 12 percent higher. R
Alpharetta, May 02, 2022 (GLOBE NEWSWIRE) -- Schweitzer-Mauduit International, Inc. (NYSE:SWM) will issue a press release announcing the Company's first quarter 2022 results after the market closes on May 4, 2022 and hold a conference call to discuss results on May 5, 2022. SWM will use a presentation to accompany its conference call. The presentation can be found on the Company's Web site in advance of the earnings conference call. The presentation can also be accessed via the earnings conference call webcast. In conjunction with the release of SWM's first quarter earnings, you are invited to listen to the Company's conference call that will be broadcast live over the Internet.
Alpharetta, GA and Los Alamos, NM, April 28, 2022 (GLOBE NEWSWIRE) -- UbiQD, Inc., a ‘deep-tech' advanced materials company spun out of Los Alamos National Laboratory, and Schweitzer-Mauduit International, Inc. (NYSE:SWM), a leading performance materials company with deep domain expertise in polymer engineering, have announced a collaboration to develop a quantum dot (QD) glass interlayer that enables production efficiencies for solar window manufacturing to scale faster and at lower costs. "SWM has a track record for delivering demanding and value-added solutions, solving our customers' most challenging problems," explained Caio Sedeno, Vice President and General Manager of Films for
Schweitzer-Mauduit International, Inc. (NYSE:SWM) ("SWM") and Neenah, Inc. (NYSE:NP) ("Neenah"), two leading global manufacturers of specialty materials, today announced the future name of the combined company upon completing the pending all-stock merger of equals. Each company's shareholders are scheduled to vote on the transaction on June 29, 2022. The transaction is expected to close on or around July 1, 2022, subject to Neenah and SWM shareholder approval, approval by antitrust authorities in Poland, and other customary closing conditions. Upon close, the new company name will be Mativ, Inc. ("Mativ") and its shares will begin trading on the NYSE under the ticker symbol "MATV." The "SW
Alpharetta, May 04, 2022 (GLOBE NEWSWIRE) -- Schweitzer-Mauduit International, Inc. ("SWM" or the "Company") (NYSE:SWM) reported earnings results for the three months ended March 31, 2022. Adjusted measures are reconciled to GAAP at the end of this release. Financial and operating comparisons are versus the prior year period unless stated otherwise. Figures may not sum to total due to rounding. Definitions: Advanced Materials & Structures (AMS), Engineered Papers (EP), "organic" - excludes Scapa acquisition that closed in April 2021 and certain AMS sales related to assets classified as held-for-sale. First Quarter 2022 Highlights Sales increased 41% to $406.8 million; organic sal
Robust demand and pricing actions drive top line performance Sequential improvement in margins, increasing by over 100 bps versus Q4 2021 Strong execution with clear progress towards near- and long-term strategic goals Announced agreement to merge with SWM, accelerating growth, creating compelling synergies and scale Neenah, Inc. (NYSE:NP) today reported first quarter 2022 results. First Quarter Highlights Record net sales of $284.8 million, up 25 percent from the prior year, reflecting selling price actions to recover input costs and higher volume in both segments. Excluding the effects of the April 2021 Itasa acquisition and a facility closure, net sales were 12 percent higher. R
Alpharetta, May 02, 2022 (GLOBE NEWSWIRE) -- Schweitzer-Mauduit International, Inc. (NYSE:SWM) will issue a press release announcing the Company's first quarter 2022 results after the market closes on May 4, 2022 and hold a conference call to discuss results on May 5, 2022. SWM will use a presentation to accompany its conference call. The presentation can be found on the Company's Web site in advance of the earnings conference call. The presentation can also be accessed via the earnings conference call webcast. In conjunction with the release of SWM's first quarter earnings, you are invited to listen to the Company's conference call that will be broadcast live over the Internet.
Alpharetta, April 25, 2022 (GLOBE NEWSWIRE) -- Schweitzer-Mauduit International, Inc. (NYSE:SWM) will issue a press release announcing the Company's first quarter 2022 results after the market closes on May 4, 2022 and hold a conference call to discuss results on May 5, 2022. SWM will use a presentation to accompany its conference call. The presentation can be found on the Company's Web site in advance of the earnings conference call. The presentation can also be accessed via the earnings conference call webcast. In conjunction with the release of SWM's first quarter earnings, you are invited to listen to the Company's conference call that will be broadcast live over the Internet. What:
Positioned to Better Serve Customers with Leading Technologies, Innovation, and Global Scale Expect at Least $65 Million in Annual Run-Rate Cost Synergies Achieved in 24-36 Months Complementary High-Growth Product Portfolios to Accelerate Revenue Opportunities Combined Company to Have Strong Financial Profile with Additional Flexibility Companies to Host Conference Call Today at 8:30 a.m. ET Schweitzer-Mauduit International, Inc. (NYSE:SWM) ("SWM") and Neenah, Inc. (NYSE:NP) ("Neenah"), two leading global manufacturers of specialty materials, today announced that they have entered into a definitive agreement to combine in an all-stock merger of equals with combined revenues of ap
Alpharetta, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Schweitzer-Mauduit International, Inc. ("SWM" or the "Company") (NYSE:SWM) reported earnings results for the three months and year ended December 31, 2021. Adjusted measures are reconciled to GAAP at the end of this release. Financial and operating comparisons are versus the prior year period. Figures may not sum to total due to rounding. Definitions: Advanced Materials & Structures (AMS), Engineered Papers (EP), low ignition propensity (LIP), "organic" - pro forma for Tekra acquisition that closed in March 2020, and excludes benefit of Scapa acquisition in April 2021 Full Year 2021 Financial Results Summary Strong AMS organic sale
Alpharetta, Feb. 21, 2022 (GLOBE NEWSWIRE) -- Schweitzer-Mauduit International, Inc. (NYSE:SWM) will issue a press release announcing the Company's fourth quarter and full year 2021 results after the market closes on February 23, 2022 and hold a conference call to discuss results on February 24, 2022. SWM will use a presentation to accompany its conference call. The presentation can be found on the Company's Web site in advance of the earnings conference call. The presentation can also be accessed via the earnings conference call webcast. In conjunction with the release of SWM's fourth quarter earnings, you are invited to listen to the Company's conference call that will be broadcast
Alpharetta, Feb. 14, 2022 (GLOBE NEWSWIRE) -- Schweitzer-Mauduit International, Inc. (NYSE:SWM) will issue a press release announcing the Company's fourth quarter and full year 2021 results after the market closes on February 23, 2022 and hold a conference call to discuss results on February 24, 2022. SWM will use a presentation to accompany its conference call. The presentation can be found on the Company's Web site in advance of the earnings conference call. The presentation can also be accessed via the earnings conference call webcast. In conjunction with the release of SWM's fourth quarter earnings, you are invited to listen to the Company's conference call that will be broadcast liv
Alpharetta, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Schweitzer-Mauduit International, Inc. ("SWM" or the "Company") (NYSE:SWM) reported earnings results for the three month and nine month periods ended September 30, 2021. Adjusted measures are reconciled to GAAP at the end of this release. Financial and operating comparisons are versus the prior year period. Figures may not sum to total due to rounding. Definitions: Advanced Materials & Structures (AMS), Engineered Papers (EP), low ignition propensity (LIP), "organic" - pro forma for Tekra acquisition that closed in March 2020, and excludes benefit of Scapa acquisition in April 2021 Third Quarter 2021 Financial Results Summary Continued s
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Natural gas markets are in turmoil as strikes hit two Australian Liquefied Natural Gas (LNG) export facilities. Chevron Corp. (NYSE:CVX)’s inability to secure agreements with unions has unleashed a series of disruptions across key facilities, including the Gorgon and Wheatstone plants and the Wheatstone offshore platform in Western Australia. These strikes come after weeks of tense negotiations that had kept markets on edge since early August. While Woodside Energy Group Ltd. (NYSE:WDS) managed to reach a compromise with its workers, Chevron remains at odds with its workforce over several critical claims. 7% Of Global LNG Supply At Stake The impact of these strikes is significan
https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20220628-1453777/1453777_ehc4np6cdk4ccmp4cohr4.pdf PRESS RELEASE Omnicell, Southwestern Energy and Ormat Technologies Set to Join S&P MidCap 400; Others to Join S&P SmallCap 600 NEW YORK, June 28, 2022: S&P Dow Jones Indices (“S&P DJI”) will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices: • S&P SmallCap 600 constituent Omnicell Inc (NASD: OMCL) will replace Coherent Inc. (NASD: COHR) in the S&P MidCap 400, and Stride Inc (NYSE:LRN) will replace Omnicell in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, July 5. S&P MidCap 400 constituent II-VI Inc. (NASD: IIVI) is
On Thursday, 216 stocks hit new 52-week lows. Noteworthy Points From Today's 52-Week Lows: The largest company by market cap to set a new 52-week low was Taiwan Semiconductor (NYSE:TSM). The smallest company by market cap to hit a new 52-week low was ThermoGenesis Holdings (NASDAQ:THMO). Fortinet (NASDAQ:FTNT) was the biggest loser of the morning session, as it dropped 79.51% to reach its new 52-week low. Allspring Income (AMEX:EAD)'s stock rebounded the most, as it traded up 0.0% after dropping to a new 52-week low. Stocks that set new 52-week lows on Thursday are as follows: Taiwan Semiconductor (NYSE:TSM) shares set a new yearly low of $82.75 this morning. The stock was dow
According to Benzinga Pro data Schweitzer-Mauduit Intl (NYSE:SWM) posted a 97.0% decrease in earnings from Q4. Sales, however, increased by 4.2% over the previous quarter to $406.80 million. Despite the increase in sales this quarter, the decrease in earnings may suggest Schweitzer-Mauduit Intl is not utilizing their capital as effectively as possible. Schweitzer-Mauduit Intl reached earnings of $53.30 million and sales of $390.40 million in Q4. What Is ROCE? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company's ROCE. A higher ROCE is generally representative of successful gro
Schweitzer-Mauduit Intl (NYSE:SWM) reported quarterly earnings of $0.89 per share which beat the analyst consensus estimate of $0.66 by 34.85 percent. This is a 12.75 percent decrease over earnings of $1.02 per share from the same period last year. The company reported quarterly sales of $406.80 million which beat the analyst consensus estimate of $364.10 million by 11.73 percent. This is a 41.15 percent increase over sales of $288.20 million the same period last year.
Companies Reporting Before The Bell • Seres Therapeutics (NASDAQ:MCRB) is estimated to report quarterly loss at $0.52 per share on revenue of $8.48 million. • Obsidian Energy (AMEX:OBE) is projected to report quarterly earnings at $0.41 per share on revenue of $156.00 million. • International Seaways (NYSE:INSW) is estimated to report quarterly loss at $0.31 per share on revenue of $96.75 million. • Bright Health Gr (NYSE:BHG) is projected to report quarterly loss at $0.24 per share on revenue of $1.75 billion. • OneSpaWorld Holdings (NASDAQ:OSW) is expected to report quarterly loss at $0.04 per share on revenue of $84.76 million. • Deciphera Pharmaceuticals (NASDAQ:DCPH) is likely
UbiQD, Inc., a ‘deep-tech’ advanced materials company spun out of Los Alamos National Laboratory, and Schweitzer-Mauduit International, Inc. (NYSE:SWM), a leading performance materials company with deep domain expertise in polymer engineering, have announced a collaboration to develop a quantum dot (QD) glass interlayer that enables production efficiencies for solar window manufacturing to scale faster and at lower costs. “SWM has a track record for delivering demanding and value-added solutions, solving our customers’ most challenging problems,” explained Caio Sedeno, Vice President and General Manager of Films for SWM. “This new relationship extends our technical contributions to the buil
Wednesday's session saw 784 companies set new 52-week lows. Key Facts About Today's 52-Week Lows: Meta Platforms (NASDAQ:FB) was the biggest company by market cap to set a new 52-week low. Nova Lifestyle (NASDAQ:NVFY) was the smallest, in terms of market cap, to set a new 52-week low. Molecular Partners (NASDAQ:MOLN) was the biggest loser, trading down 37.69% to reach its 52-week low. Invesco Value Municipal (NYSE:IIM) shares actually gained 0.0%, rebounding after it reached its 52-week low. The following stocks set new 52-week lows on Wednesday: Taiwan Semiconductor (NYSE:TSM) stock broke to a new 52-week low of $90.37 on Wednesday. Shares of the company traded down 2.38%. J
On Thursday, 92 companies hit new 52-week lows. Areas of Interest About Today's 52-Week Lows: The largest company in terms of market cap to set a new 52-week low was UiPath (NYSE:PATH). The smallest company by market cap to set a new 52-week low was Stryve Foods (NASDAQ:SNAX). Motorsport Games (NASDAQ:MSGM) saw the most significant move of the companies, as shares traded down 32.52% to reach its new 52-week low. Crexendo (NASDAQ:CXDO) was the most promising stock of the group, with shares actually trading up 0.0% to bounce back after reaching its new 52-week low. Here is a list of stocks that set new 52-week lows on Thursday: Hasbro (NASDAQ:HAS) shares hit a yearly low of $
Schweitzer-Mauduit International, Inc. (NYSE:SWM) (“SWM”) and Neenah, Inc. (NYSE:NP) (“Neenah”), two leading global manufacturers of specialty materials, today announced that they have entered into a definitive agreement to combine in an all-stock merger of equals with combined revenues of approximately $3 billion, expanded scale and capabilities, and accelerated growth opportunities. This transaction brings together two organizations with highly complementary technologies, geographies and product portfolios in specialty materials. The combined company will capitalize on powerful megatrends with strong positions in large, growing categories including Filtration, Healthcare & Wellness, Prote