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矿业科技公司报告第三季度每股亏损0美元.每股收益为1美元.不包括与Barretts Minerals Inc .相关的一次性费用.

Oct 26, 2023, 16:35 PM

Highlights:

  • 第三季度营收达到创纪录的5.48亿美元
  • Reported Operating Loss of $8M Associated with Non-cash Impairment of Barretts Minerals Inc. (“BMI”)
  • 营业收入为7700万美元,营业利润率为14%.1%不包括特殊项目
  • 年初至今经营现金流为1.38亿美元,比上年翻了一番
  • 宣布增加股息和新的7500万美元股票回购计划

纽约-矿物技术公司. (纽约证券交易所代码:MTX)(“MTI”或“公司”)今天报告每股摊薄收益为1美元.截至10月1日的第三季度为49人, 2023, 不包括与BMI破产相关的8500万美元特殊项目. 报告每股亏损为0美元.59.

“我们在第三季度实现了创纪录的销售额和营业收入. Each of our segments expanded margins both sequentially and year-over-year as we continue to drive higher levels of profitability and cash flow generation. Our new segments and organizational structure are aligned and delivering towards our long-term targets,” said Douglas T. Dietrich,董事长兼首席执行官. “In addition, the action recently taken by BMI to file for Chapter 11 protection was an important step towards comprehensively resolving its talc liabilities, 并将为企业提供最好的结果, claimants, employees, customers, and shareholders.”

Third Quarter 2023

全球净销售额为5.48亿美元,比去年增长1%. The Company reported an operating loss of $8 million due to a $72 million non-cash impairment of BMI’s fixed assets and $13 million of litigation costs associated with BMI’s Chapter 11 filing.  

不包括特殊项目的营业收入为7700万美元, 环比增长9%,比上年增长15%. 不计特殊项目的营业利润率为14%.1 percent, a 130 basis point improvement sequentially and a 170 basis point improvement year-over-year.

Consumer & Specialties 第三季度的销售额为2.91亿美元,比去年同期增长2%. 

Household & 个人护理销售额为1.29亿美元, up 3 percent sequentially and up 9 percent from the prior year driven by our pricing actions and continued strong demand for our pet litter products. 特种添加剂销售额为1.62亿美元, 环比下降2%,比上年下降2%.

不计特殊项目,分部营业收入为3800万美元, 环比增长13%,比上年增长23%. 不计特殊项目的营业利润率为13%.2 percent, up 150 basis points sequentially and 230 basis points above prior year as the Company continues to execute on its margin improvement plan. 报告的部门经营亏损为46美元.600万是由于BMI相关的特殊项目.

The Consumer & Specialties segment provides technologically enhanced products to consumer-driven end markets, 包括从矿物到市场的家用产品, as well as specialty additives that become functional components in a variety of consumer and industrial goods. 该部门包括两个产品线:家庭 & 个人护理和特殊添加剂. 

Engineered Solutions 第三季度的销售额为2.57亿美元, 环比下降2%,与上年持平. 

高温技术公司的销售额为1.77亿美元, 环比下降3%,同比上升1%. Environmental & 基础设施销售额为7900万美元, 1 percent higher sequentially but 2 percent lower than the prior year due to the weak commercial construction market conditions in North America. 

分部营业收入为4100万美元, 12 percent up from the prior year driven by strong operating performance and continued focus upon margin improvement. 营业利润率为15%.销售额的8%,环比上升110个基点,比去年上升160个基点. 

The Engineered Solutions segment provides advanced process technologies and solutions that are designed to improve our customers’ manufacturing processes and projects. 该部门包括两个产品线:高温技术和环境 & Infrastructure.  


股息增加和股票回购计划

正如之前宣布的那样,公司将其定期季度股息增加到0美元.本公司普通股每股10美元. This is an increase of $0.与上一季度股息相比,每股0.05美元. 股息将于12月7日支付, 2023, 在11月1日营业结束时向登记在案的股东发放, 2023.

In addition, MTI董事会已经批准了一项新的, 一年期7500万美元的股票回购计划, effective immediately.

"This dividend increase and new share repurchase program is a reflection of the Board of Directors' continued confidence in the growth and financial performance of Minerals Technologies," said Mr. Dietrich. "These actions are consistent with our stated balanced approach and history of returning cash to shareholders while maintaining our ability to fund our inorganic growth strategies."

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Minerals Technologies将于2023年10月27日上午11点召开电话会议.m. Eastern Time. 直播收入网络广播可以访问 http://investors.agostinoamato.com/quarterly-results-conference-calls. A presentation for the call will be available at the same location at approximately 10:30 a.m. 东部时间2023年10月27日.
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前瞻性陈述
 
This press release may contain "forward‐looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations and forecasts of future events such as new products, 收入及财务表现, 并且不限于描述历史或当前的事实. 他们可以通过使用诸如“相信”这样的词来识别,” “expects,” “plans,” “intends,” “anticipates,以及其他类似意思的单词和短语. 前瞻性陈述必须以假设为基础, 作出估计时可获得的有限资料. 各种各样的风险和不确定性, both known and unknown, 以及假设和估计的不准确性, 是否会影响这些报表中预期或预测的实现. 未来的实际结果可能会有很大差异. Significant factors that could affect the expectations and forecasts include worldwide general economic, business, and industry conditions; the cyclicality of our customers’ businesses and their changing regional demands; our ability to compete in very competitive industries; consolidation in customer industries, principally paper, foundry and steel; our ability to renew or extend long term sales contracts for our satellite operations; our ability to generate cash to service our debt; our ability to comply with the covenants in the agreements governing our debt; our ability to effectively achieve and implement our growth initiatives or consummate the transactions described in the statements; our ability to successfully develop new products; our ability to defend our intellectual property; the increased risks of doing business abroad; the availability of raw materials and access to ore reserves at our mining operations, 或者原材料成本的增加, energy, or shipping; compliance with or changes to regulation in the areas of environmental, health and safety, and tax; risks and uncertainties related to the voluntary petitions for relief under Chapter 11 of the U.S. 由我们的子公司巴雷特矿业公司提交的破产法. and Barretts Ventures Texas LLC; claims for legal, environmental and tax matters or product stewardship issues; the continuing effects of the COVID-19 pandemic and the resulting preventative measures; operating risks and capacity limitations affecting our production facilities; seasonality of some of our businesses; cybersecurity and other threats relating to our information technology systems; and other risk factors and cautionary statements in our 2022 Annual Report on Form 10‐K, 10-Q表格季度报告, Current Reports on Form 8-K and other reports filed with the Securities and Exchange Commission. 公司不承担公开更新任何前瞻性声明的义务, 是否是新信息的结果, future events, or otherwise.

关于Minerals Technologies Inc.
总部位于纽约的Minerals Technologies Inc. (MTI) is a leading, 技术驱动的特种矿产公司, produces, 并销售广泛的矿物和矿物基产品, related systems, and services. MTI服务于全球广泛的消费和工业市场, including household, food and pharmaceutical, paper, packaging, automotive, construction, and environmental. 该公司报告全球销售额为2美元.1 billion in 2022. 欲了解更多信息,请访问我们的网站 www.agostinoamato.com

MTX 2023年第三季度财报发布完整