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Stock impact report

Update: SWM ANNOUNCES THIRD QUARTER 2021 RESULTS

Schweitzer-Mauduit International, Inc. (SWM) 
Last schweitzer-mauduit international, inc. earnings: 2/20 04:27 pm Check Earnings Report
Company Research Source: GlobeNewswire
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 strong demand in AMS, highlighted by 10% organic sales growth, offset by escalating input cost inflation and supply chain challenges across the business Total sales were $383.6 million, up 37.3%, but down 1% on organic basisGAAP operating profit was $23.0 million, or 6.0% of sales, down $14.0 Show less Read more
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