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Earnings
Schweitzer-Mauduit reports Q2 adj. EPS 85c, two estimates 72c » 17:19
05/06/20
05/06
17:19
05/06/20
17:19
SWM

Schweitzer-Mauduit

$27.99 /

-1.31 (-4.47%)

Reports Q2 revenue…

Reports Q2 revenue $261.5M, two estimates $255.35M. CEO Jeff Kramer commented, "Given the impact of the COVID-19 pandemic on the global economic environment, I want to begin my comments by thanking all of the SWM community for their incredible dedication to the safety of our employees and their commitment to servicing our customers worldwide. Their responsive actions have resulted in all but one of our sites being currently operational. All of our company-wide facilities are currently deploying increased safety measures with essential production and shipping personnel on site, and we are strengthening our leadership communications and processes as we work hard to minimize any service disruptions to our customers."

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SWM Schweitzer-Mauduit
$27.99 /

-1.31 (-4.47%)

10/23/19 Sidoti
Schweitzer-Mauduit reinstated with a Buy at Sidoti
Over a quarter ago
Earnings
Schweitzer-Mauduit sees FY20 adj. EPS $3.50-$3.75, consensus $3.41  16:51
02/20/20
02/20
16:51
02/20/20
16:51
SWM

Schweitzer-Mauduit

$33.65 /

-0.82 (-2.38%)

 
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SWM Schweitzer-Mauduit
$33.65 /

-0.82 (-2.38%)

10/23/19 Sidoti
Schweitzer-Mauduit reinstated with a Buy at Sidoti
Earnings
Schweitzer-Mauduit reports Q4 adj. EPS 80c, two estimates 66c » 16:50
02/20/20
02/20
16:50
02/20/20
16:50
SWM

Schweitzer-Mauduit

$33.65 /

-0.82 (-2.38%)

Reports Q4 revenue…

Reports Q4 revenue $238.5M, twoe estimates $244.37M. Jeff Kramer, CEO, commented, "2019 was a good year for SWM. Results were strong on several fronts, with both operating segments delivering profit growth and Adjusted EPS increasing 5% excluding currency impacts. Earnings growth was accompanied by solid free cash flow gains, underscoring the strong financial health of our business and which supports continued growth investments. Earlier this week, we were particularly pleased to announce our latest acquisition which we expect to close in March. Tekra and Trient are high-quality assets that add new processing capabilities and bolster our market presence in medical, graphics, and automotive, and offer long-term top-line synergy potential."

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SWM Schweitzer-Mauduit
$33.65 /

-0.82 (-2.38%)

10/23/19 Sidoti
Schweitzer-Mauduit reinstated with a Buy at Sidoti
Hot Stocks
SWM to acquire Tekra, Trient for $155M in cash » 08:37
02/18/20
02/18
08:37
02/18/20
08:37
SWM

Schweitzer-Mauduit

$35.02 /

-0.725 (-2.03%)

SWM announced the signing…

SWM announced the signing of a definitive agreement to acquire Tekra, LLC and Trient, converters of high-performance films and substrates, significantly enhancing the Company's films capabilities. Tekra and Trient currently operate as divisions of EIS and are based in the Milwaukee, Wisconsin area. The purchase price is $155 million in cash and the transaction is expected to close before March 31, 2020. Tekra and Trient Highlights: Deep expertise in technical films converting, bringing new capabilities to SWM's AMS segment; Key end-markets include medical, graphics, electronics, and automotive, bolstering several existing SWM market presences, creating access to new customers, and opening opportunities to provide additional solutions to existing customers; Approximately $100 million of sales with annual growth projected in the 3% - 4% range, EBITDA margin approximately 16%. The transaction is expected to be accretive to 2020 Adjusted EPS; guidance for 2020 Adjusted EPS and this acquisition's financial impact will be detailed in the Company's upcoming fourth quarter earnings release on February 20th, 2020. During 2020, the Company expects to incur approximately $2 million of transaction and integration expenses; purchase accounting expenses will be determined after the close of the transaction. Consistent with prior transactions, Adjusted EPS will exclude purchase accounting expenses, but include integration and transaction expenses. The transaction's $155 million purchase price is expected to be funded with the Company's existing credit facility. At close, pro forma net debt to EBITDA per the terms of the credit facility is expected to be approximately 2.7x and is expected to return toward the low 2x range over the next two years, absent further transactions. The Company believes it has ample liquidity to continue an active M&A strategy.

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SWM Schweitzer-Mauduit
$35.02 /

-0.725 (-2.03%)

10/23/19 Sidoti
Schweitzer-Mauduit reinstated with a Buy at Sidoti
Conference/Events
Schweitzer-Mauduit management to meet with Oppenheimer » 04:55
01/15/20
01/15
04:55
01/15/20
04:55
SWM

Schweitzer-Mauduit

$37.77 /

+0.07 (+0.19%)

Meeting to be held in the…

Meeting to be held in the Southeast area on January 15 hosted by Oppenheimer.

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SWM Schweitzer-Mauduit
$37.77 /

+0.07 (+0.19%)

10/23/19 Sidoti
Schweitzer-Mauduit reinstated with a Buy at Sidoti
Conference/Events
Schweitzer-Mauduit management to meet with Oppenheimer » 09:55
01/09/20
01/09
09:55
01/09/20
09:55
SWM

Schweitzer-Mauduit

$38.36 /

-0.05 (-0.13%)

Meeting to be held in the…

Meeting to be held in the Southeast area on January 15 hosted by Oppenheimer.

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SWM Schweitzer-Mauduit
$38.36 /

-0.05 (-0.13%)

10/23/19 Sidoti
Schweitzer-Mauduit reinstated with a Buy at Sidoti
Hot Stocks
Schweitzer-Mauduit rises 11.5% » 12:00
11/05/19
11/05
12:00
11/05/19
12:00
SWM

Schweitzer-Mauduit

$44.00 /

+4.46 (+11.28%)

Schweitzer-Mauduit is up…

Schweitzer-Mauduit is up 11.5%, or $4.54 to $44.08.

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SWM Schweitzer-Mauduit
$44.00 /

+4.46 (+11.28%)

10/23/19 Sidoti
Schweitzer-Mauduit reinstated with a Buy at Sidoti
11/09/18 Sidoti
Schweitzer-Mauduit downgraded to Neutral from Buy at Sidoti
Hot Stocks
Schweitzer-Mauduit rises 8.3% » 09:47
11/05/19
11/05
09:47
11/05/19
09:47
SWM

Schweitzer-Mauduit

$42.27 /

+2.73 (+6.90%)

Schweitzer-Mauduit is up…

Schweitzer-Mauduit is up 8.3%, or $3.28 to $42.82.

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SWM Schweitzer-Mauduit
$42.27 /

+2.73 (+6.90%)

10/23/19 Sidoti
Schweitzer-Mauduit reinstated with a Buy at Sidoti
11/09/18 Sidoti
Schweitzer-Mauduit downgraded to Neutral from Buy at Sidoti
Initiation
Schweitzer-Mauduit reinstated with a Buy at Sidoti » 14:07
10/23/19
10/23
14:07
10/23/19
14:07
SWM

Schweitzer-Mauduit

$39.78 /

+1.11 (+2.87%)

Sidoti reinstated…

Sidoti reinstated coverage of Schweitzer-Mauduit with a Buy rating and $49 price target.

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SWM Schweitzer-Mauduit
$39.78 /

+1.11 (+2.87%)

11/09/18 Sidoti
Schweitzer-Mauduit downgraded to Neutral from Buy at Sidoti
Hot Stocks
SWM appoints Omar Hoek as EVP, engineered papers » 09:11
10/18/19
10/18
09:11
10/18/19
09:11
SWM

Schweitzer-Mauduit

$37.64 /

+1.2 (+3.29%)

SWM International…

SWM International announced that it has named Omar Hoek as EVP, Engineered Papers, effective January 2020. Hoek will join SWM from Finnish fibers manufacturer Ahlstrom-Munksjo, where he leads their Specialties division and is part of their senior executive leadership team. Michel Fievez, current EVP, Engineered Papers, has announced his retirement for the end of 2019.

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SWM Schweitzer-Mauduit
$37.64 /

+1.2 (+3.29%)

11/09/18 Sidoti
Schweitzer-Mauduit downgraded to Neutral from Buy at Sidoti

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