Sector: Consumer Non-Cyclicals | Industry: Personal Products |
See Regulatory Filings on SEC |
Company Contact | |
Address: | Two Northshore Center PITTSBURGH PA 15212-5851 |
Tel: | 1-412-4428200 |
Website: | https://www.matw.com |
IR: | See website |
Key People | ||
Joseph C. Bartolacci President, Chief Executive Officer, Director | Davor Brkovich Chief Information Officer, Head - Information Technology | Steven F. Nicola Chief Financial Officer, Secretary |
Steven D. Gackenbach Group President - Memorialization | Gary R. Kohl President - SGK Brand Solutions | Lee Lane Group President - Matthews Industrial Automation and Matthews Environmental Solutions |
Brian D. Walters Executive Vice President, General Counsel | Ronald C. Awenowicz Senior Vice President - Global Compliance, Operations and North America Human Resources | Reena Gurtner Senior Vice President - Human Resources | Gregory S. Babe Chief Technology Officer, Director, Group President - Industrial Technologies |
Business Overview |
Matthews International Corporation is a global provider of memorialization products, industrial technologies, and brand solutions. The Company operates through three segments: Memorialization, Industrial Technologies and SGK Brand Solutions. The Memorialization segment consists primarily of bronze and granite memorials and other memorialization products, caskets, cremation-related products, and cremation and incineration equipment primarily for the cemetery and funeral home industries. The Industrial technologies segment includes the design, manufacturing, service and distribution of high-tech custom energy storage solutions, product identification and warehouse automation technologies and solutions. The SGK Brand Solutions segment consists of brand management, pre-media services, printing plates and cylinders, imaging services, digital asset management, merchandising display systems, and marketing and design services primarily for the consumer goods and retail industries. |
Financial Overview |
For the three months ended 31 December 2023, Matthews International Corp revenues increased less than 1% to $450M. Net loss totaled $2.3M vs. income of $3.7M. Revenues reflect Industrial Technologies segment increase of 2% to $111.4M, Memorialization segment increase of 1% to $208.1M, Europe segment increase of 5% to $134.9M, Asia segment increase of 1% to $15.7M, also reflect SGK Brand Solutions segment decrease of 2% to $130.5M. |
Employees: | 12,000 as of Sep 30, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $1,644M as of Dec 31, 2023 |
Annual revenue (TTM): | $1,882M as of Dec 31, 2023 |
EBITDA (TTM): | $204.71M as of Dec 31, 2023 |
Net annual income (TTM): | $33.29M as of Dec 31, 2023 |
Free cash flow (TTM): | $5.73M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $824.45M as of Dec 31, 2023 |
Shares outstanding: | 30,682,010 as of Dec 31, 2023 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |