Glatfelter Reports Third Quarter 2024 Results
Glatfelter (GLT) GlobeNewswire News Room·2024-10-30 18:45
2024 Third Quarter Highlights: Generated net sales of ~$332 million and a GAAP net loss from continuing operations of $20.0 million Delivered Adjusted EBITDA of $24.6 million, compared to $25.5 million in Q3 2023 Spunlace generated $4.8 million EBITDA despite hurricane downtime, a $2.5 million increase over Q3 '23 Airlaid Materials achieved EBITDA of $18.0 million, a $0.7 million decrease from Q3 '23 Composite Fibers delivered EBITDA of $10.1 million, a $1.1 million decrease from Q3 '23, due to new sanction ...