Matthews International

Matthews International Corp. engages in the provision of brand solutions, memorialization products, and industrial technologies. It operates through the following segments: Memorialization, Industrial Technologies, and SGK Brand Solutions. The Memorialization segment consists of bronze and granite memorials, and other memorialization products, caskets and cremation and incineration equipment for the cemetery and funeral home industries. The Industrial Technologies segment includes marking and coding equipment and consumables, industrial automation products and order fulfillment systems for identifying, tracking, picking, and conveying consumer, and industrial products. The SGK Brand Solutions segment consists of brand management, pre-media services, printing plates and cylinders, engineered products, imaging services, digital asset management, merchandising display systems, and marketing and design services for the consumer goods and retail industries. The company was founded by John Dixon Matthews in 1850 and is headquartered in Pittsburgh, PA.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Matthews International (MATW) reports strong Q1 results and eyes growth opportunities

Matthews International (MATW) delivered a robust performance in Q1 2023, driven by the Industrial Technology segment and strong energy business growth.
While facing challenges in the European market, the company is focused on capitalizing on opportunities for growth and maintaining success in key segments.
With consolidated sales growth expected to continue and reaffirmed EBITDA projections, Matthews International remains optimistic about its performance in 2023.

Matthews International excels in Q2 2023 with strong sales growth

Matthews International delivered a robust performance in Q2 2023, driven by strong sales growth and operational improvements. Despite challenges in the SGK brand solution segment, the company remains optimistic about future prospects and is actively managing its debt levels.

Matthews International reports robust Q3 earnings amidst segment challenges

Matthews International delivered a strong Q3 performance with notable sales and EBITDA growth.
While facing challenges in certain segments, the company demonstrated financial stability and commitment to shareholders.
Opportunities exist for revenue growth, margin enhancement, and strategic realignment to drive future success.
Overall, a positive quarter with areas for improvement to sustain growth and profitability.

Matthews International (MATW) reports robust Q4 performance and growth strategies

Matthews International (MATW) delivered a strong performance in Q4 2023, marked by revenue growth, improved profitability, and enhanced financial stability.
The company's focus on debt reduction, cash flow generation, and strategic acquisitions positions it well for sustainable growth and value creation.
While facing challenges such as segment-specific sales fluctuations and market uncertainties, Matthews International remains resilient and adaptive.
Opportunities for expansion through acquisitions, innovation, and market diversification pave the way for future growth and competitive advantage.

Matthews International reports mixed Q1 results, eyes growth opportunities

Matthews International's Q1 2024 performance showed mixed results with sales growth in key segments but challenges in the Energy segment. The company is focusing on growth opportunities, including energy solutions and cremation business, while addressing financial performance concerns.

Matthews International reports mixed Q2 performance, focuses on debt reduction

Matthews International's Q2 2024 performance showcased strengths in Memorialization and SGK Brand Solutions, with challenges in Industrial Technologies.
The company aims to reduce debt, improve leverage ratio, and launch new products, presenting opportunities for growth and financial stability.
Despite facing some headwinds, Matthews International remains focused on operational improvements and strategic initiatives for future success.

Matthews International addresses challenges, focuses on cost reduction and growth

Matthews International navigated challenges in Q3 2024, focusing on cost reduction, debt reduction, and segment-specific strategies to address performance issues.
Despite headwinds in the Industrial Technologies segment, positive outcomes in Memorialization and SGK segments highlight the company's diversified portfolio strength.
Strategic financial management, confidence in legal matters, and a commitment to shareholder returns through dividends underscore Matthews International's resilience and long-term focus.

Matthews International reports mixed Q4 results, focuses on cost control

Matthews International's Q4 2024 performance saw a decline in sales but met EBITDA expectations.
The company demonstrated strengths in debt reduction and dividend growth.
Challenges were evident in the Industrial Technologies and Energy Solutions segments.
Opportunities lie in cost control, innovation, and continued debt reduction efforts.

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Matthews International Corp. engages in the provision of brand solutions, memorialization products, and industrial technologies. It operates through the following segments: Memorialization, Industrial Technologies, SGK Brand Solutions, and Corporate and Non-Operating. The Memorialization segment consists of bronze and granite, and other memorialization products, caskets, cremation, and incineration equipment. The Industrial Technologies segment includes marking and coding equipment and consumables, industrial automation products, and order fulfillment systems for identifying, tracking, picking, and conveying consumer, and industrial products. The SGK Brand Solutions segment focuses on brand management, pre-media services, printing plates and cylinders, engineered products, imaging services, digital asset management, merchandising display systems, and marketing and design services for the consumer goods and retail industries. The Corporate and Non-Operating segment refers to cash and cash equivalents, investments, deferred income taxes, and corporate headquarters' assets. The company was founded by John Dixon Matthews in 1850 and is headquartered in Pittsburgh, PA.

Matthews International Reports Results for Fourth Quarter and Fiscal Year Ended September 30, 2022

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PITTSBURGH, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its fourth quarter and fiscal year 2022 earnings results after the market closes on Thursday, November 17, 2022.

Matthews International Announces Fourth Quarter and Fiscal Year 2022 Earnings Release and Conference Call

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Matthews International: Single-Digit Multiple Despite Ecommerce, EV And Traceability Catalysts

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MATW is a small-cap dividend growth stock that is easily overlooked for its small size and lack of simplicity. The company is a conglomerate with multiple irons in different fires, from funeral home products to warehouse robots to lithium battery manufacturing machines.

Matthews International: Perennial Dividend Raiser To Benefit From EV And E-Commerce Growth

PITTSBURGH, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) announced today that the Company has closed on the previously-announced acquisitions of German based engineering firms, OLBRICH GmbH (“OLBRICH”) and R+S Automotive GmbH (“R+S Automotive”), for EUR €43 million (approximately U.S. $45 million).

Matthews International Acquires OLBRICH GmbH and R+S Automotive GmbH, Extends Engineering Capabilities for Energy

Matthews International Corporation (NASDAQ:MATW ) Q3 2022 Results Conference Call July 29, 2022 9:00 AM ET Company Participants Bill Wilson - Senior Director, Corporate Development Joe Bartolacci - President, CEO Steve Nicola - CFO Conference Call Participants Daniel Moore - CJS Securities Justin Bergner - Gabelli Funds Liam Burke - B. Riley Operator Greetings, and welcome to Matthews International Third Quarter Fiscal 2022 Financial Results Conference Call.

Matthews International Corporation (MATW) CEO Joe Bartolacci on Q3 2022 Results - Earnings Call Transcript

Matthews International (MATW) delivered earnings and revenue surprises of 9.43% and 0.51%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Matthews International (MATW) Q3 Earnings and Revenues Surpass Estimates

Matthews International Reports Results for Fiscal 2022 Third Quarter

PITTSBURGH, July 06, 2022 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its third quarter fiscal year 2022 earnings results after the market closes on Thursday, July 28, 2022.

Matthews International Announces Third Quarter Fiscal 2022 Earnings Release and Conference Call

PITTSBURGH, June 21, 2022 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) today announced that the Company signed an agreement to acquire German based engineering firms, OLBRICH GmbH (“OLBRICH”) and R+S Automotive GmbH (“R+S Automotive”), for EUR €43 million (approximately U.S. $45 million). OLBRICH and R+S Automotive have combined annual revenues in excess of $100 million. Headquartered in Bocholt, Germany, OLBRICH is a production and intelligent equipment manufacturer, specializing in purpose-built rotary processing equipment, including equipment used in the manufacturing of dry and wet electrodes for lithium-ion batteries and components for hydrogen fuel cells used in electric vehicles, with additional strong positions in Specialty & Pharma, Packaging and Home & Décor. R+S Automotive is a specialty engineering services provider of automation, plant and tooling concepts for automotive manufacturing companies around the world. The closing of the transaction is subject to certain regulatory authority approvals, which is expected to be timely secured in July of 2022.

Matthews International Acquires OLBRICH GmbH and R+S Automotive GmbH

Matthews International has experienced some pain as of late due to broader economic concerns and because of weak margins this year. Despite the pain, management does still see EBITDA falling only marginally this year.

Matthews International Corporation: Patience Should Pay Off

Matthews International Corporation (NASDAQ:MATW ) Q2 2022 Earnings Conference Call April 29, 2022 9:00 AM ET Company Participants William D. Wilson - Senior Director, Corporate Development Joseph C.

Matthews International Corporation (MATW) CEO Joseph Bartolacci on Q2 2022 Results - Earnings Call Transcript

Matthews International Reports Results for Fiscal 2022 Second Quarter

PITTSBURGH, April 08, 2022 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its second quarter fiscal year 2022 earnings results after the market closes on Thursday, April 28, 2022.

Matthews International Announces Second Quarter Fiscal 2022 Earnings Release and Conference Call

PITTSBURGH, April 05, 2022 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) announced today the expected July 2022 opening of its state-of-the-art service facility in San Antonio, Texas, for the refurbishment of calender rolls for lithium-ion battery electrode production. This facility, part of Matthews' Saueressig Engineering and Energy division, supports the growth of its North American energy business, serving the rapidly growing renewable energy market.

Matthews International's Saueressig Energy Business Announces the Expected July 2022 Opening of State-of-the-Art Facility for the Refurbishment of Calender Rolls for Battery Production

Matthews International (MATW) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Matthews International (MATW) Upgraded to Strong Buy: Here's What You Should Know

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PITTSBURGH, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) today announced that, following the Company's Annual Shareholders Meeting last week, its Board of Directors elected Alvaro Garcia-Tunon as the Company's Chairman of the Board. Mr. Garcia-Tunon succeeds John D. Turner, a member of the Board since 1999 and Chairman of the Board since 2010. Mr. Turner retired from the Board upon the completion of his term.

Matthews Elects Alvaro Garcia-Tunon New Chairman of the Board

PITTSBURGH, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) announced today a Joint Development Agreement (JDA) with Illuming Power Inc., a Vancouver BC engineering firm specializing in the design, prototype, manufacture and sale of hydrogen fuel cell related materials, components and stacks. This two-year partnership will develop an automated, expanded graphite bipolar plate production line that will dramatically reduce production costs, accelerating the mass market adoption of fuel cells for a variety of end-use markets, including for transportation and stationary applications.

Matthews International Enters Into Joint Development Agreement With Illuming Power to Advance Bi-Polar Plate Production Technology

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Matthews International Corporation (MATW) CEO Joe Bartolacci on Q1 2022 Results - Earnings Call Transcript

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