Materion corporation reports record fourth quarter and full-year 2021 financial results and provides 2022 guidance

Mayfield heights, ohio--(business wire)--materion corporation (nyse: mtrn) today reported fourth quarter and full-year 2021 financial results, provided 2022 earnings guidance, and shared an update on key strategic initiatives. fourth quarter 2021 highlights net sales were $397.2 million; value-added sales increased 27% year over year to a record $237.4 million operating profit was $15.5 million; adjusted earnings before interest and taxes (ebit) was a record at $28.1 million, or 11.8% of value-
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