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Schweitzer-Mauduit International Inc (SWM.N)

SWM.N on New York Stock Exchange

38.44USD
27 Jul 2017
Change (% chg)

$-0.14 (-0.36%)
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Latest Key Developments (Source: Significant Developments)

Schweitzer-Mauduit Q1 adj. earnings per share $0.66
Wednesday, 3 May 2017 04:48pm EDT 

May 3 (Reuters) - Schweitzer-Mauduit International Inc :Q1 adjusted earnings per share $0.66.Q1 GAAP earnings per share $0.45.Schweitzer-Mauduit International Inc says qtrly net sales increased 9% to $233.3 million; excluding Conwed acquisition (organic), net sales decreased 4%.  Full Article

Schweitzer-Mauduit International names Jeffrey Kramer CEO
Thursday, 30 Mar 2017 08:24am EDT 

Schweitzer-mauduit International Inc : Has named Jeffrey Kramer as chief executive officer of company, effective as of April 21, 2017 . Schweitzer-Mauduit International Inc - Frédéric Villoutreix will depart from his position as chief executive officer . Kramer, current chairman & Frédéric Villoutreix, current CEO, will serve as co-CEOs of company . Schweitzer-Mauduit International-commencing on transition date, Kramer will transition from co-chief executive officer of company to sole CEO Source: (http://bit.ly/2mSCXvh) Further company coverage: [SWM.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Schweitzer-Mauduit enters into interest rate swap deal with JPMorgan Chase
Friday, 20 Jan 2017 05:05pm EST 

Schweitzer-Mauduit International Inc : Schweitzer-Mauduit International Inc - Entered into interest rate swap transaction with JPMorgan Chase for 3-year term on notional amount of $315 million Source: (http://bit.ly/2jyd5Qp) Further company coverage: [SWM.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Leucadia National to sell Conwed Plastics unit for $295 mln
Wednesday, 14 Dec 2016 05:27pm EST 

Leucadia National Corp : Leucadia National Corp - under terms of transaction, which is expected to close in January 2017, Leucadia will receive $295 million in cash . Leucadia National Corp - deal also has potential earn-out payments over five years of up to $40 million in cash . Leucadia - estimates it will recognize a pretax gain of approximately $175-185 million (excluding value associated with earn-out) upon closing of this sale .Leucadia announces sale of Conwed.  Full Article

SWM reports agreement to acquire Conwed Plastics Llc
Wednesday, 14 Dec 2016 04:28pm EST 

Schweitzer-mauduit International Inc : Schweitzer-Mauduit International Inc - transaction is expected to be accretive to adjusted eps by approximately $0.30 in 2017 . Schweitzer-Mauduit International Inc - as part of agreement, there are three potential earn-out payments with a maximum of $40 million in aggregate. . Schweitzer-Mauduit International Inc - deal for $295 million . Schweitzer-Mauduit International Inc - expects to realize tax benefits having an estimated net present value of approximately $75 million from deal . Schweitzer-Mauduit International Inc- transaction is expected to be funded through company's existing credit facility .SWM announces agreement to acquire Conwed Plastics Llc, leader in resin-based netting.  Full Article

Schweitzer-Mauduit Q2 non-gaap earnings per share $0.85 from cont ops
Wednesday, 3 Aug 2016 04:30pm EDT 

Schweitzer-mauduit International Inc : Q2 non-gaap earnings per share $0.85 from continuing operations . Q2 adjusted earnings per share $0.93 . Swm announces second quarter 2016 results . Q2 sales rose 19.5 percent to $217.3 million . Q2 earnings per share $0.85 from continuing operations . Mauduit international inc - financial results are likely to be considerably stronger in first half of year versus second half . Mauduit- political events like brexit provide uncertainty on potential currency movements through year .Currency translation impact on q2 earnings was neutral.  Full Article

Schweitzer-Mauduit Q2 adjusted earnings per share from cont ops $0.93
Wednesday, 3 Aug 2016 04:27pm EDT 

Schweitzer-mauduit International Inc : Q2 earnings per share $0.85 from continuing operations . Q2 adjusted earnings per share from continuing operations $0.93 . Says second quarter net sales of $217.3 million increased 19.5% versus the prior year quarter .Q2 earnings per share view $0.82, revenue view $209.5 million -- Thomson Reuters I/B/E/S.  Full Article

Schweitzer-Mauduit International Inc appoints new executive vice president and chief financial officer
Monday, 2 Nov 2015 04:42pm EST 

Schweitzer-Mauduit International Inc:Announced Allison Aden has joined the company as Executive Vice President, Finance and Chief Financial Officer, reporting to Frédéric Villoutreix, Chairman of the Board and Chief Executive Officer.  Full Article

Schweitzer-Mauduit International Inc announces agreement to acquire Argotec for $280 million in cash
Monday, 21 Sep 2015 05:15pm EDT 

Schweitzer-Mauduit International Inc:Agreement to acquire Argotec for $280 million in cash.Expects to realize tax benefits having estimated net present value of $65 million from transaction.Says after-tax economic cost of the transaction is estimated to be $215 million.Says transaction is expected to be funded by cash on hand and debt.From transaction expected 2016 adjusted EPS accretion of approximately $0.20.  Full Article

BRIEF-Schweitzer-Mauduit Q1 adj. earnings per share $0.66

* Schweitzer-Mauduit International Inc says qtrly net sales increased 9% to $233.3 million; excluding Conwed acquisition (organic), net sales decreased 4% Source text for Eikon: Further company coverage: