Glatfelter reports first quarter 2024 results

~ achieved significant merger milestone with expiration of hsr waiting period ~ 202 4 first quarter highlights: generated net sales of ~$327 million and a gaap net loss from continuing operations of $26.2 million achieved q1 adjusted ebitda of $23.8 million with an improved ebitda margin of 7.3% delivered continued robust spunlace performance with ~$5 million improved ebitda improved composite fibers ebitda by ~$2 million, consistent with expectations recorded ~$9 million lower ebitda in airlaid materials primarily due to ongoing european market softness charlotte, n.c., may 09, 2024 (globe newswire) -- glatfelter corporation (nyse: glt), a leading global supplier of engineered materials, today reported financial results for the first quarter of 2024 and provided an update on progress of its proposed merger with the majority of berry's global health, hygiene and specialties segment to include its global nonwovens and films (“hhnf”) business.
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