Glatfelter reported a net loss of $10.1 million for the 4Q 2017 compared with a net loss of $16.2 million in the 4Q 2016. Adjusted earnings for the 4Q 2017 was $15 million compared with $17.6 million for the same period a year ago, as the company said in the press release received by Lesprom Network.
On an adjusted basis, earnings before interest, taxes, depreciation and amortization and excluding pension expense (“Adjusted EBITDA”) for the three months ended December 31, 2017 and 2016, totaled $41.5 million and $41.7 million, respectively.
Consolidated net sales totaled $399.9 million and $390.9 million for the three months ended December 31, 2017 and 2016, respectively.
Glatfelter is a global supplier of specialty papers and engineered materials, offering innovation, world-class service and over a century and a half of technical expertise.