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Schweitzer-Mauduit International (SWM) reported Q3 2021 earnings with total sales of $383.6 million, a year-over-year increase of 37.3%, but organic sales decreased by 1%. Adjusted EPS fell to $0.82, down 29% from $1.16 in Q3 2020. The company faces challenges from inflation, supply chain disruptions, and a forecasted decline in Q4 adjusted EPS by around 20%. While Advanced Materials & Structures experienced 10% organic sales growth, Engineered Papers segment sales dropped by 12%. Full-year adjusted EPS is projected below the previous $3.75 to $4.05 guidance.
Schweitzer-Mauduit International, Inc. (NYSE: SWM) will announce its third quarter 2021 results on November 3, 2021, after market close. A conference call to discuss these results is scheduled for November 4, 2021, at 10:30 a.m. Eastern Time. Participants can access the call via the company's website or by phone. A presentation accompanying the call will be available in advance. The call will also be archived for replay. For listening, users must register on the website at least 15 minutes prior to the call.
Schweitzer-Mauduit International (SWM) will release its third quarter 2021 results on November 3, 2021, post-market. A conference call to discuss these results is scheduled for November 4, 2021, at 10:30 a.m. ET. The call will be accompanied by a presentation available on SWM's website. Participants can access the live event through the provided web links or dial-in numbers for international and U.S. audiences. A replay will be available shortly after the call for those who cannot attend live.
Scapa Healthcare, a business unit of SWM, and Synedgen Inc. have entered into an exclusive licensing agreement for innovative wound care treatments derived from Synedgen's glycochemistry technology. Scapa Healthcare will have exclusive rights to utilize Synedgen's glycopolymer technology in dermal wound and surgical care applications. The advanced wound cleanser and hydrogel, cleared by the FDA, aim to enhance wound healing while controlling infection. This partnership expands Scapa's portfolio of advanced wound care solutions and strengthens its market position.
Schweitzer-Mauduit International (SWM) reported Q2 2021 earnings showing total sales of $377.8 million, a 48.6% increase, with 11% organic growth. Adjusted EPS was $0.90, matching Q2 2020. The Advanced Materials & Structures segment saw 18% organic sales growth, driven by transportation and filtration products. Despite strong demand, the company faced input cost inflation and supply chain challenges. GAAP operating profit fell to $15.9 million due to acquisition costs from the Scapa acquisition. The firm announced a quarterly dividend of $0.44 per share.
Schweitzer-Mauduit International, Inc. (NYSE: SWM) will announce its second quarter 2021 results after market close on August 4, 2021. A conference call will take place on August 5, 2021, at 8:30 a.m. Eastern Time to discuss these results, accompanied by a presentation available on the company's website. Participants can join via a designated link, and a replay will be accessible post-call for approximately 90 days. For those wishing to listen live, it's recommended to connect at least 15 minutes early.
Schweitzer-Mauduit International, Inc. (SWM) will announce its second quarter 2021 results after market close on August 4, 2021. A conference call is scheduled for August 5, 2021, at 8:30 a.m. ET to discuss these results. The presentation accompanying the call will be available on the company's website. Participants can access the call via direct dial-in or by streaming the live session online. A replay will also be available shortly after the call, accessible for approximately 90 days.
Schweitzer-Mauduit International (SWM) reported first-quarter 2021 earnings showing a 10.2% increase in total sales to $288.2 million, driven by 15% organic sales growth in its Advanced Materials & Structures (AMS) segment. Adjusted EPS rose 20% to $1.02, reflecting strong margins despite a 6% drop in GAAP EPS due to acquisition costs. The company anticipates 2021 Adjusted EPS guidance of $3.75 to $4.05, factoring in benefits from the recent Scapa acquisition, while also addressing ongoing input cost challenges. Overall, SWM remains optimistic about future growth opportunities.
Schweitzer-Mauduit International, Inc. (NYSE: SWM) will announce its first quarter 2021 results post-market on May 5, 2021. A conference call to discuss these results is scheduled for May 6, 2021, at 8:30 a.m. ET. Participants can access a presentation on the company's website prior to the call. For those unable to attend live, a replay will be available for approximately 90 days. Call-in details for U.S., Canada, and international listeners are provided, along with instructions for listening online.
Schweitzer-Mauduit International (NYSE: SWM) plans to announce its first quarter 2021 results on May 5, 2021, after market close. A conference call will follow on May 6, 2021, at 8:30 a.m. Eastern Time, where the company will discuss its earnings. The accompanying presentation will be available on SWM's website prior to the call. Participants can join the call via phone or listen online. A replay will be accessible shortly after the event for 90 days.
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