Glatfelter reports Q4 net loss of US$10.4M, compared to year-ago net income of US$9.8M, impacted by notable energy prices in Europe, rising raw material and logistics costs; net sales up 42.2% to US$334.5M, with Composite Fibers up 1.3%, Airlaid up 47.5%

Sample article from our Tissue & Hygiene

CHARLOTTE, North Carolina , February 10, 2022 (press release) –

Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today reported a loss from continuing operations for the fourth quarter of 2021 of $11.2 million, or $0.25 per share, compared with net income of $9.1 million, or $0.20 per share, in the same period a year ago. The 2021 results prospectively include the acquisitions of Georgia-Pacific’s U.S. nonwovens business (“Mount Holly”) and Jacob Holm ("Spunlace") as of May 13, 2021 and October 29, 2021, respectively.


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