Mativ swings to Q2 FY26 GAAP profit of $3.6 million; sales rise 1.2% to $531.8 million - MATV News | RalliesMativ swings to Q2 FY26 GAAP profit of $3.6 million; sales rise 1.2% to $531.8 million
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MATV• Quarterly results and segment performance
- Mativ posted GAAP net income of $3.6 million, swinging from a GAAP loss; GAAP EPS was $0.06.
- Net sales rose 1.2% year over year to $531.8 million; adjusted EBITDA climbed 12% to $75 million.
- Adjusted EBITDA margin widened 130 basis points to 14.1%; free cash flow increased 24% to $60.4 million.
- Filtration & Advanced Materials net sales slipped 1.3% to $201.7 million; Sustainable & Adhesive Solutions net sales rose 2.8% to $330.1 million.
- CEO Shruti Singhal called it the strongest quarter since becoming Mativ; total debt was $974.5 million with $66.3 million cash.
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