Magnera Corporation (MAGN)
Market Cap | 629.07M |
Revenue (ttm) | 2.18B |
Net Income (ttm) | 21.00M |
Shares Out | 35.34M |
EPS (ttm) | n/a |
PE Ratio | 29.96 |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 467,668 |
Open | 17.72 |
Previous Close | 17.95 |
Day's Range | 17.71 - 18.30 |
52-Week Range | 15.86 - 35.23 |
Beta | n/a |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Feb 15, 2025 |
About MAGN
Magnera Corporation manufactures and sells non-woven and related products worldwide. It sells its products primarily into consumer-oriented end markets, such as healthcare, personal care, and infection prevention. It primarily manufactures a range of products and components of healthcare and hygiene products, including baby diapers, medical garments, wipes, dryer sheets, face masks, and filtration. The company also manufactures a collection of healthcare, hygiene, and industrial products and components of products, including baby diapers, medic... [Read more]
Full Company ProfileFinancial Performance
In 2023, Magnera's revenue was $2.28 billion, a decrease of -18.84% compared to the previous year's $2.80 billion. Earnings were $38.00 million, a decrease of -68.07%.
Financial numbers in USD Financial StatementsNews
Magnera: This Spinoff Is A Buy
Joel Greenblatt's special situations strategy targets opportunities in risk arbitrage, mergers, bankruptcies, and spinoffs due to potential stock mispricing. Magnera Corporation, a spinoff of Berry Gl...
Magnera Emerges as a New Global Leader in the Specialty Materials and Nonwovens Industry, Following the Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter
CHARLOTTE, N.C., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) is pleased to announce the successful completion of the merger between Berry Global Group Inc.'s (NYSE: BERY) Heal...
Glatfelter Reports Third Quarter 2024 Results
~ Transaction closing and transition to Magnera scheduled for November 4th ~ ~ Transaction closing and transition to Magnera scheduled for November 4th ~
Glatfelter Shareholders Approve Proposals Related to the Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business With Glatfelter
CHARLOTTE, N.C. & EVANSVILLE, Ind.--(BUSINESS WIRE)--Glatfelter Corporation (NYSE: GLT) (“Glatfelter”) and Berry Global Group, Inc. (NYSE: BERY) (“Berry”) announced today that Glatfelter's shareholder...
Glatfelter Shareholders Approve Proposals Related to the Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter
Glatfelter Announces Reverse Stock Split Ratio and Anticipated Effective Date Glatfelter Announces Reverse Stock Split Ratio and Anticipated Effective Date
Berry and Glatfelter Announce Information for Anticipated Completion of Spin-Off and Subsequent Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter
EVANSVILLE, Ind. and CHARLOTTE, N.C., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Berry Global Group, Inc. (NYSE: BERY) (“Berry”) and Glatfelter Corporation (NYSE: GLT) (“Glatfelter”) announced today that Berry...
Berry and Glatfelter Announce Pricing of Upsized Senior Secured Notes Offering by Berry Subsidiary in Connection with Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter
EVANSVILLE, Ind. and CHARLOTTE, N.C.
Berry and Glatfelter Announce Proposed Offering by a Berry Subsidiary of Senior Secured Notes in Connection with the Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter
EVANSVILLE, Ind. and CHARLOTTE, N.C.
Glatfelter Announces Tunable Lithium-ion Battery Separator at The Battery Show
CHARLOTTE, N.C., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, is proud to announce the launch of its OmniSep™ Battery Separa...
Glatfelter Advances Sustainable Espresso Lid Solutions
CHARLOTTE, N.C., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, is proud to announce significant advancements in sustainable ...
Berry Global and Glatfelter Announce Date of the Glatfelter Shareholder Meeting in Connection with the Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter
EVANSVILLE, Ind. & CHARLOTTE, N.C.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE:BERY) and Glatfelter Corporation (NYSE:GLT) announced today the date of the special meeting of the Glatfelter shareh...
Berry and Glatfelter Announce Magnera Board of Director Appointments in Connection With Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business With Glatfelter
CHARLOTTE, N.C., Aug. 16, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), and Berry Global Group, Inc. (NYSE: BERY) today announce additional director designees for the board of directors...
Glatfelter Corporation (GLT) Q2 2024 Earnings Call Transcript
Glatfelter Corporation (NYSE:GLT) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Ramesh Shettigar - SVP, CFO & Treasurer Thomas Fahnemann - President & CEO Conferenc...
Glatfelter Reports Second Quarter 2024 Results
~ Received Required Antitrust Regulatory Clearances and IRS ruling for Announced Merger ~ ~ Achieved Meaningful Year-over-Year EBITDA Improvement ~
Berry and Glatfelter Announce New Brand Name and Identity in Connection with Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business and Glatfelter
CHARLOTTE, N.C., July 24, 2024 (GLOBE NEWSWIRE) -- Berry Global Group, Inc. (NYSE: BERY) and Glatfelter Corporation (NYSE: GLT) announced that the proposed merger of Berry's Health, Hygiene and Specia...
Glatfelter Corporation to Report Earnings on August 8th
CHARLOTTE, N.C., July 16, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) announced today that it expects to issue its 2024 second-quarter results on Thursday, August 8, 2024. Management w...
Berry and Glatfelter Announce Additional Regulatory Milestone in Proposed Transaction for Spin-Off and Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter
EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE: BERY) and Glatfelter Corporation (NYSE: GLT) announced today the achievement of an additional regulatory milestone in the proposed tr...
Glatfelter Corporation (GLT) Q1 2024 Earnings Call Transcript
Glatfelter Corporation (NYSE:GLT) Q1 2024 Results Conference Call May 9, 2024 11:00 AM ET Company Participants Ramesh Shettigar - Senior Vice President, Chief Financial Officer and Treasurer. Thomas ...
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 $...
Berry and Glatfelter Announce Regulatory Milestone in Proposed Transaction for Spin-Off and Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter
EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE: BERY) and Glatfelter Corporation (NYSE: GLT) announced today the achievement of a regulatory milestone in the proposed transaction in...
Glatfelter Announces Key Leadership Appointments in Connection With Proposed Merger With Berry's Health, Hygiene, and Specialties Global Nonwovens and Films Business
~ Kevin M. Fogarty to serve as Non-Executive Chair of the Board of Directors for the proposed newly combined company
Glatfelter Corporation to Report Earnings on May 9th
CHARLOTTE, N.C., April 04, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) announced today that it expects to issue its 2024 first-quarter results on Thursday, May 9, 2024. Management will...
Glatfelter Reports Fourth Quarter and Year End 2023 Results
~ Q4 performance in-line with expectations despite reduced production to manage inventory levels ~ ~ Announced plans for Merger with Berry Global's HHNF business anticipated in second half of 2024 ~
Berry Global and Glatfelter Announce Plans for Tax-Free Spin-Off and Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter, Creating a Global Specialty Materials Leader
EVANSVILLE, Ind. & CHARLOTTE, N.C.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE:BERY) and Glatfelter Corporation (NYSE:GLT) announced today they have entered into definitive agreements for Berry t...
Glatfelter Corporation to Report Earnings on February 22nd
CHARLOTTE, N.C., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) announced today that it expects to issue its 2023 fourth-quarter results on Thursday, February 22, 2024. Managemen...