• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Applications
    • Technology
    • Market
    • Other
    • Top 40
    • Buyers Guide
    • Hygiene Directory
    • More
  • Magazine
  • News
  • Exclusives
  • Applications
  • Technology
  • Market
  • Other
  • Top 40
  • Buyers Guide
  • Hygiene Directory
  • Current / Back Issues
    Features
    Editorial
    Columns
    Digital Edition
    Southeast Asia Edition
    eNewsletter Archive
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    Top Features
    Fiber Manufacturers Respond to Change

    Household Wipes Market: Sustainability in Focus

    Natural Hygiene Products Market Continues to Grow

    2022 Company Capabilities

    Fluff Pulp Market Faces Year of Transition
    Company Cameo
    Financial News
    Machinery Equipment
    New Products
    Nonwovens News
    Patent Review
    People in the News
    Supplier News
    Top News
    Live From Shows
    Top News
    Ontex Climate Action Targets Approved by Science-Based Targets Initiative

    Suominen Introduces Biolace Silva for Baby Wipes

    Freudenberg Gives Eco-Check Label to Five More Products

    Trützschler, Texnology Partner to Make Needlepunch Nonwovens Lines

    Weekly Recap: Hempitecture to Establish First Hemp Insulation Designation Facility in the U.S. & More
    Nonwovens Insights
    Online Exclusives
    Adult Incontinence
    Absorbent Core
    Antimicrobials
    Apparel
    Automotive and Transportation
    Face Masks
    Chemicals / Adhesives
    Construction
    Contract Services
    Diaper, Baby
    Electronics
    Feminine Hygiene
    Fibers
    Filtration
    Flame Retardance
    Geotextile / Agrotextile
    Home Products
    Hygiene Film/Components
    Industrial / Institutional
    Inspection / Quality Control
    Machinery and Equipment
    Medical
    Wipes

    Suominen Introduces Biolace Silva for Baby Wipes

    Weekly Recap: Hempitecture to Establish First Hemp Insulation Designation Facility in the U.S. & More

    Smithers Releases Report on the Global Nonwoven Wipes Market

    Essity, UNICEF in Mexico Extend Hygiene Partnership

    Right Hygiene Conference Held in New Delhi
    Air Through Bonding
    Airlaid
    Carded/Carding
    Chemical Bonded
    Composite
    Meltblown
    Needlepunch
    Nanotechnology
    Spunbond
    Spunbond/Spunmelt
    Spunlace
    Thermal Bonded
    Wetlaid

    Suominen Introduces Biolace Silva for Baby Wipes

    Trützschler, Texnology Partner to Make Needlepunch Nonwovens Lines

    Smithers Releases Report on the Global Nonwoven Wipes Market

    Matregenix

    Executive Talks: 5K Fibres' President Doug Brown
    China
    Eastern Europe/Russia
    India
    Middle East/North Africa
    North America
    Pacific Rim
    South/Central America
    Turkey
    Western Europe

    Right Hygiene Conference Held in New Delhi

    Sub-Saharan Africa’s Specialist Nonwovens and Fibers Capability is Growing Steadily

    Southeast Asian 5 Nonwoven Capacity and Demand Development

    Chinese Baby Diaper Brands

    Retail Disposable Hygiene in Southeast Asia and China: Growth Outlook, Challenges, Opportunities
    Associations
    Contracts / Awards
    Education
    Facilities / Capacity
    Green / Sustainability
    Legal / Regulatory
    Market Data
    Flushability
    Mergers and Acquisitions
    Product Improvement / Innovation
    R&D/Basic Research
    Shows / Events

    Ontex Climate Action Targets Approved by Science-Based Targets Initiative

    Suominen Introduces Biolace Silva for Baby Wipes

    Smithers Releases Report on the Global Nonwoven Wipes Market

    Right Hygiene Conference Held in New Delhi

    First Quality to Move Manufacturing Away from King of Prussia Site
    Chart
    Companies
    All Companies
    Categories
    Company Profiles
    Add New Company
    International Buyers Guide Companies
    Dukane

    Texol

    WEIMA America, Inc.

    Valco Melton

    Shemesh Automation
    Brands
    Brand Owners
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • Southeast Asia Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Buyers Guide
      • All Companies
      • Categories
      • Company Profiles
      • Add Your Company
    • Applications
      • Absorbent Core
      • Adult Incontinence
      • Antimicrobials
      • Apparel
      • Automotive and Transportation
      • Chemicals / Adhesives
      • Construction
      • Contract Services
      • Diaper, Baby
      • Electronics
      • Feminine Hygiene
      • Fibers
      • Filtration
      • Flame Retardance
      • Geotextile / Agrotextile
      • Home Products
      • Hygiene Film/Components
      • Industrial / Institutional
      • Inspection / Quality Control
      • Machinery and Equipment
      • Medical
      • Wipes
      • Face Masks
    • Technology
      • Air Through Bonding
      • Airlaid
      • Carded/Carding
      • Chemical Bonded
      • Composite
      • Meltblown
      • Needlepunch
      • Nanotechnology
      • Spunbond
      • Spunlace
      • Thermal Bonded
      • Wetlaid
      • Spunbond/Spunmelt
    • Market
      • China
      • Eastern Europe/Russia
      • India
      • Middle East/North Africa
      • North America
      • Pacific Rim
      • South/Central America
      • Turkey
      • Western Europe
    • Other
      • Associations
      • Contracts / Awards
      • Education
      • Facilities / Capacity
      • Green / Sustainability
      • Legal / Regulatory
      • Market Data
      • Mergers and Acquisitions
      • Product Improvement / Innovation
      • R&D/Basic Research
      • Shows / Events
      • Flushability
    • Top 40 Companies
      • Chart
      • Companies
    • Online Exclusives
    • Slideshows
    • Hygiene Directory
      • Brands
      • Brand Owners
    • Experts Opinions
    • Videos
    • Podcasts
    • Infographics
    • Whitepapers
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
      • Live From Asian Connections
    • Jobs
    • Resources
      • Suppliers Gallery
      • Literature Showcase
      • Web Showcase
      • Home Page Showcase
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Glatfelter Reports Losses

    Overall sales down $19 million, Advanced Airlaid sales increase slightly

    Related CONTENT
    • Berry Reports Record Sales
    • Lydall Posts Strong Gains in Q2
    • Neenah’s Sales Increase
    • Ahlstrom-Munksjö Announces Solid Quarterly Results
    • Suominen Decreases Estimate on 2017 Operating Profit
    08.07.17
    Glatfelter reported a net loss of $5.7 million for the second quarter of 2017 compared with net income of $2 million in the second quarter of 2016. 

    Consolidated net sales totaled $387.3 million and $406.4 million for the three months ended June 30, 2017 and 2016, respectively. In the Composite Fibers and Advanced Airlaid Materials business units, net sales increased by 1.4% and 4.9%, respectively, on a constant currency basis. Specialty Papers’ net sales declined 8.6% in the quarter-over-quarter comparison.

    Advanced Airlaid Materials’ net sales increased $2.1 million in the year-over-year comparison primarily due to a 4.7% increase in shipping volumes from continued growth of personal hygiene products and wipes.

    “We had solid growth in shipping volumes and improved performance in our engineered materials businesses during the quarter,” says Dante C. Parrini, chairman and CEO. “However, our overall results for the quarter were lower than expected due to continued weakness in Specialty Papers’ markets. Volumes in our Composite Fibers business strengthened, increasing 3% over last year’s second quarter and 4% year-to-date, driven by improved demand across most product lines and particularly wall cover products. While we are seeing steady growth in the Composite Fibers business, we remain focused on our cost optimization initiatives that are expected to deliver $10 million in cost savings in 2017. The Advanced Airlaid Materials business performed well delivering top-line growth and improved profitability, as operating income increased 11% over the prior-year quarter and 10% for the year. For the remainder of 2017, we expect continued growth in shipments and strong operating performance from our engineered materials businesses. We also look forward to the incremental growth expected from our new Fort Smith, Arkansas facility coming on-line later this year with commercial shipments beginning early 2018.”





    Related Searches
    • Glatfelter
    • fibers
    • specialty
    • ceo
    Suggested For You
    Berry Reports Record Sales Berry Reports Record Sales
    Lydall Posts Strong Gains in Q2 Lydall Posts Strong Gains in Q2
    Neenah’s Sales Increase Neenah’s Sales Increase
    Ahlstrom-Munksjö Announces Solid Quarterly Results Ahlstrom-Munksjö Announces Solid Quarterly Results
    Suominen Decreases Estimate on 2017 Operating Profit Suominen Decreases Estimate on 2017 Operating Profit
    Acquisitions Boost Lydall’s Q1 Results Acquisitions Boost Lydall’s Q1 Results
    SCA Posts Sales Growth SCA Posts Sales Growth
    Ahlstrom Announces Final Financial Report Ahlstrom Announces Final Financial Report
    Suominen’s Sales Grow in First Quarter Suominen’s Sales Grow in First Quarter
    PBE Acquires Absorbents Products Company PBE Acquires Absorbents Products Company
    Glatfelter Earns Supplier Award Glatfelter Earns Supplier Award
    Principle Business Enterprises Buys Absorbent Products Company Principle Business Enterprises Buys Absorbent Products Company
    Lydall Posts Sales Growth Lydall Posts Sales Growth
    Suominen Appoints Chief Technology Officer Suominen Appoints Chief Technology Officer

    Related Breaking News

    • Berry Reports Record Sales

      Overall sales up 16%; Health, Hygiene, and Specialties’ net sales were flat
      08.07.17

    • Lydall Posts Strong Gains in Q2

      Acquisitions boost Technical Nonwovens segment’s nets sales
      08.07.17

    • Neenah’s Sales Increase

      Technical Products sales grow
      08.07.17


    • Ahlstrom-Munksjö Announces Solid Quarterly Results

      Companies merged on April 1
      07.25.17

    • Facilities/Capacity

      Suominen Decreases Estimate on 2017 Operating Profit

      Change attributed to a slower than planned start-up of new line at Bethune, SC, plant
      07.20.17

    Trending
    • Consumer Confusion: A Key Issue In The Incontinence Category
    • Asahi Kasei Releases Results Of Automotive Interior Survey
    • Kimberly-Clark Professional Expands The RightCycle Program
    • Avgol Honored For Biotransformation Technology
    • SWM And Neenah Introduce Mativ, Inc.
    Breaking News
    • Tranzonic Names VP of Supply Chain
    • Ontex Climate Action Targets Approved by Science-Based Targets Initiative
    • Suominen Test Center Assesses Biodegradability of Nonwovens
    • Nominations Open for INDA's RISE Innovation Award
    • Kimberly-Clark Professional Expands The RightCycle Program
    View Breaking News >
    CURRENT ISSUE

    June 2022

    • Fiber Manufacturers Respond to Change
    • Household Wipes Market Sustainability in Focus
    • Natural Hygiene Products Market Continues to Grow
    • View More >



    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Florida Food Products Acquires Javo
    Roquette Launches Nutralys Rice Protein
    New IADSA Chair Lauds Explorations of Supplementation in Healthcare Policy
    Coatings World

    Latest Breaking News From Coatings World

    The Southern Society for Coatings Technology's 84th Annual Technical Conference A Success
    PPG to Showcase Specialty Automotive, Aerospace Adhesives, Sealants at Adhesives & Bonding Expo
    PPG’s New Paint for a New Start Initiative to Transform 25-plus Schools Worldwide
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    MPO's Most Read Stories This Week—June 25
    Magnetic Insight Announces $17 Million in Series B Funding
    BreatheSuite Adds Brad Fluegel to its Board
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Pierre Fabre and Lonza Enter Manufacturing Agreement
    MasterControl and Elemental Machines Form Biomanufacturing Partnership
    Qosina Strengthens Aseptic Capabilities
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Benefit Exec Joins Madison Reed's Board
    Peroni & Ellis Brooklyn Launch Fragrance Collection Inspired by Italian Spritz Cocktails
    Rhode Is Trending for June, Trendalytics Says
    Happi

    Latest Breaking News From Happi

    Wonder Curl Wins GlossWire's GlossPitch Competition
    Anti-aging Skincare Brand Vitabrid C12 Launches Bestsellers on Amazon
    Botanical Embedded Candles Can Be Fire Hazard, Says National Candle Association
    Ink World

    Latest Breaking News From Ink World

    Weekly Recap: INX’s VC Fund, Screen Industry and Ball Top This Week’s News
    British Coatings Federation Posts Online History
    Orion Announces Price Increases, Reduced Payment Terms
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    PCMC teams with IGT, Fujifilm makes big announcement and more
    Loftware recognized as 'AIDC Company of the Year'
    Schreiner MediPharm highlights sustainability of Needle-Trap technology
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Tranzonic Names VP of Supply Chain
    Ontex Climate Action Targets Approved by Science-Based Targets Initiative
    Suominen Test Center Assesses Biodegradability of Nonwovens
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    ODT's Most-Read Stories This Week—June 25
    3Spine Inc. Receives IDE Approval for U.S. Pivotal Clinical Trial
    Volume-Based Procurement to Reduce Chinese Orthopedic Market Value
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Weekly Recap: eMagin, Applied Materials, and Schott Top This Week’s Stories
    NREL Names Jennifer Logan to Leadership Team as CFO
    National Grid Renewables Orders 2 GW of First Solar Modules

    Copyright © 2022 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login