In This Article:
Mativ Holdings (NYSE:MATV) Full Year 2024 Results
Key Financial Results
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Revenue: US$1.98b (down 2.2% from FY 2023).
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Net loss: US$48.7m (loss narrowed by 90% from FY 2023).
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US$0.90 loss per share (improved from US$9.33 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Mativ Holdings EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 24%.
Looking ahead, revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in the US.
Performance of the American Chemicals industry.
The company's shares are down 17% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Mativ Holdings you should be aware of, and 1 of them is a bit concerning.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.