Schweizter-Mauduit 3Q 2017 results: net sales up 23% from year ago to $257.8 million
ALPHARETTA, GA, November 9, 2017-
Schweitzer-Mauduit International, Inc. ("SWM" or the "Company") reported earnings results for the three month period ended September 30, 2017 and announced a 2% increase of its per share quarterly cash dividend rate to $0.43 from $0.42.
Adjusted measures are reconciled to GAAP at the end of this release. Financial measures are from continuing operations and per share data is on a diluted basis. Financial and operational comparisons are versus the comparable prior year period. Key definitions: Advanced Materials & Structures segment (AMS), Engineered Papers segment (EP), Low Ignition Propensity (LIP), Reconstituted Tobacco Leaf (RTL), and Heat-not-Burn (HnB)
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