SWM ANNOUNCES THIRD QUARTER 2020 RESULTS
Schweitzer-Mauduit International, Inc. (SWM)
Last schweitzer-mauduit international, inc. earnings: 2/20 04:27 pm
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US:NYSE Investor Relations:
schweitzermauduitinternationalinc.gcs-web.com/investor-overview
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Source: GlobeNewswire
Alpharetta, Nov. 04, 2020 (GLOBE NEWSWIRE) -- ALPHARETTA, GA, November 4, 2020 -- Schweitzer-Mauduit International, Inc. ("SWM" or the "Company") (NYSE: SWM) reported earnings results for the three month and nine month periods ended September 30, 2020. Adjusted measures are reconciled to GAAP at the end of this release. Financial and operating comparisons are versus the prior year period and are from continuing operations. Figures may not sum to total due to rounding. Definitions: Advanced Materials & Structures (AMS), Engineered Papers (EP), Low Ignition Propensity (LIP), "organic" - excluding acquisition benefit, "Tekra" - Tekra and Trient acquisition that closed in March 2020 Third Quarter 2020 Financial Results Summary Third quarter results reflected strong EP segment performance and positive sequential sales and profitability trend improvements in AMS as demand recovers from COVID-19 impactsTotal sales were $279.3 million,
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