Mativ Holdings, Inc. (NYSE:MATV) Q3 2023 Earnings Conference Call November 9, 2023 8:30 AM ET
Company Participants
Chris Kuepper - Director of Investor Relations
Julie Schertell - President and Chief Executive Officer
Greg Weitzel - Chief Financial Officer
Conference Call Participants
Jon Tanwanteng - CJS Securities
Daniel Harriman - Sidoti
Operator
Welcome to Mativ's Third Quarter 2023 Earnings Conference Call. On the call today from Mativ is Julie Schertell, Chief Executive Officer; Greg Weitzel, Chief Financial Officer; and Chris Kuepper, Director of Investor Relations.
Today's call is being recorded and will be available for replay later this afternoon. At this time, all participants have been placed in a listen-only mode. And the floor will be open for your questions following the presentation. [Operator Instructions].
It is now my pleasure to turn the call over to Mr. Chris Kuepper. Please go ahead.
Chris Kuepper
Good morning, everyone. And thank you for joining us to discuss Mativ's third quarter 2023 earnings results. Before we begin, I'd like to remind you that the comments included in today's conference call include forward-looking statements.
Actual results may differ materially from these comments for reasons shown in detail in our Securities and Exchange Commission filings, including our annual report on Form 10-K and our quarterly reports on Form 10-Q.
Some of the financial measures discussed during this call are non-GAAP financial measures. Reconciliations of these measures to the closest GAAP measures are included in the appendix of the earnings release and accompanying presentation slides. Unless stated otherwise, financial and operational metric comparisons are to the prior-year period and relate to continuing operations.
The earnings release issued yesterday afternoon is available on our website at ir.mativ.com as are the slides for today's presentation. You can download the slides and/or click through these slides at your own pace during the call using the webcast interface.
Since the SWM and Neenah merger closed on July 6, 2022, the third quarter of 2023 is the first reporting period since the merger that is truly comparable. However, year-to-date GAAP results for the first half of 2022 will still include legacy SWM since this was prior to the merger.
Comparable performance for year-to-date figures to illustrate how our results compare on a like-for-like basis are shown in tables in our earnings release and the appendix of our presentation slides.
Finally, with the August announcement about the sale of the engineered papers, results for this business are now being summarized separately as discontinued operations with all remaining businesses being reported as continuing operations.