Glatfelter reported its results for the 4Q 2018. Consolidated net sales totaled $229.5 million and $209.3 million for the three months ended December 31, 2018 and 2017, respectively, as the company said in the press release received by Lesprom Network.
On an adjusted basis, earnings from continuing operations for the 4Q 2018 were $1.4 million, or $0.03 per share compared with adjusted earnings of $8.6 million, or $0.20 per diluted share, for the same period a year ago.
“The 4Q 2018 was pivotal to the strategic transformation of Glatfelter,” said Dante C. Parrini, Chairman and CEO. “I am proud of our team for the progress we made in reshaping our business – completing two significant transactions, as well as reaching an agreement to resolve the Fox River matter.”
Glatfelter is a leading global supplier of engineered materials.
