Schweitzer-Mauduit 1Q 2021 results: adjusted operating profit up 14% from year ago to $45.3 million
ALPHARETTA, GA, May 7, 2021-
Schweitzer-Mauduit International, Inc. ("SWM" or the "Company") reported earnings results for the three months and year ended March 31, 2021.
Adjusted measures are reconciled to GAAP at the end of this release. Financial and operating comparisons are versus the prior year period. Figures may not sum to total due to rounding. Definitions: Advanced Materials & Structures (AMS), Engineered Papers (EP), "organic" - pro forma for "Tekra" - Tekra and Trient acquisition that closed in March 2020.
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