Overview Financials News + Filings Key Docs Charts Ownership Insiders
|
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Engineered Papers | | | | 545.6 | 573.4 | 548.9 | | 583.9 |
| Advanced Materials & Structures | | | | 477.2 | 467.9 | 433.2 | | 180.2 |
| Asia-Pacific (including China) | | | | | | 148.4 | | |
| Total revenues | 2,167.4 | 1,440.0 | 1,074.4 | 1,022.8 | 1,041.3 | 982.1 | 839.9 | 764.1 |
| Revenue growth [+] | 50.5% | 34.0% | 5.0% | -1.8% | 6.0% | 16.9% | 9.9% | -3.8% |
| Engineered Papers | | | | -4.8% | 4.5% | | | -12.4% |
| Advanced Materials & Structures | | | | 2.0% | 8.0% | | | 41.4% |
| Cost of goods sold | 1,729.8 | 1,109.7 | 766.1 | 732.8 | 762.8 | 698.7 | 582.0 | 539.7 |
| Gross profit | 437.6 | 330.3 | 308.3 | 290.0 | 278.5 | 283.4 | 257.9 | 224.4 |
| Gross margin | 20.2% | 22.9% | 28.7% | 28.4% | 26.7% | 28.9% | 30.7% | 29.4% |
| Selling, general and administrative [+] | 340.3 | 216.6 | 153.8 | 138.8 | 126.6 | 129.2 | 104.8 | 92.8 |
| Sales and marketing | 74.2 | 46.7 | 36.9 | 33.7 | 35.7 | 33.3 | 25.3 | 22.2 |
| General and administrative | 266.1 | 169.9 | 116.9 | 105.1 | 90.9 | 95.9 | 79.5 | 70.6 |
| Research and development | 26.6 | 20.3 | 13.8 | 13.5 | 15.2 | 17.8 | 17.5 | 14.0 |
| Equity in earnings | 5.2 | 6.4 | 4.9 | 4.1 | -11.3 | 2.5 | | |
| Other operating expenses | -19.3 | -10.1 | -11.9 | -3.7 | -1.7 | -8.1 | | |
| EBITDA [+] | 224.4 | 198.6 | 227.6 | 203.2 | 188.7 | 206.5 | 180.1 | 158.6 |
| EBITDA growth | 13.0% | -12.7% | 12.0% | 7.7% | -8.6% | 14.7% | 13.6% | -3.5% |
| EBITDA margin | 10.4% | 13.8% | 21.2% | 19.9% | 18.1% | 21.0% | 21.4% | 20.8% |
| Depreciation | 75.8 | 49.0 | 45.5 | 37.4 | 40.9 | 38.6 | 32.2 | 35.4 |
| EBITA | 148.6 | 149.6 | 182.1 | 165.8 | 147.8 | 167.9 | 147.9 | 123.2 |
| EBITA margin | 6.9% | 10.4% | 16.9% | 16.2% | 14.2% | 17.1% | 17.6% | 16.1% |
| Amortization of intangibles | 53.4 | 39.7 | 24.6 | 20.3 | 20.7 | 20.9 | 12.3 | 5.6 |
| EBIT [+] | 95.2 | 109.9 | 157.5 | 145.5 | 127.1 | 147.0 | 135.6 | 117.6 |
| EBIT growth | -13.4% | -30.2% | 8.2% | 14.5% | -13.5% | 8.4% | 15.3% | -1.3% |
| EBIT margin | 4.4% | 7.6% | 14.7% | 14.2% | 12.2% | 15.0% | 16.1% | 15.4% |
| Non-recurring items [+] | 38.6 | 20.2 | 23.8 | 7.4 | 3.4 | 16.2 | 25.6 | 14.6 |
| Asset impairment | 19.3 | 10.1 | 11.9 | 3.7 | 1.7 | 8.1 | 25.6 | 14.6 |
| Interest expense | 86.1 | 46.1 | 30.5 | 36.1 | 28.2 | 26.9 | 16.6 | 9.7 |
| Interest expense | 86.1 | 46.1 | 30.5 | 36.1 | 28.2 | 26.9 | 16.6 | 9.7 |
| Other income (expense), net | 5.1 | 29.5 | -5.9 | -5.1 | 21.3 | -2.4 | | 12.2 |
| Pre-tax income | -24.4 | 73.1 | 97.3 | 96.9 | 116.8 | 101.5 | 93.4 | 105.5 |
| Income taxes | -12.6 | -9.4 | 18.4 | 15.2 | 10.7 | 69.6 | 15.4 | 21.6 |
| Tax rate | 51.6% | | 18.9% | 15.7% | 9.2% | 68.6% | 16.5% | 20.5% |
| Net income | -6.6 | 88.9 | 83.8 | 85.8 | 94.5 | 34.5 | 82.8 | 89.7 |
| Net margin | -0.3% | 6.2% | 7.8% | 8.4% | 9.1% | 3.5% | 9.9% | 11.7% |
| |
| Basic EPS [+] | ($0.16) | $2.86 | $2.72 | $2.80 | $3.10 | $1.13 | $2.73 | $2.99 |
| Growth | -105.4% | 5.4% | -2.9% | -9.8% | 174.3% | -58.6% | -8.7% | 0.8% |
| Diluted EPS [+] | ($0.16) | $2.83 | $2.69 | $2.78 | $3.09 | $1.13 | $2.72 | $2.98 |
| Growth | -105.5% | 5.1% | -3.2% | -9.9% | 174.3% | -58.6% | -8.8% | 0.8% |
| |
| Dividends per share [+] | $1.68 | $1.76 | $1.76 | $1.76 | $1.73 | $1.69 | $1.62 | $1.54 |
| Growth | -4.5% | 0.0% | 0.0% | 1.7% | 2.4% | 4.3% | 5.2% | 5.5% |
| |
| Shares outstanding (basic) [+] | 42.4 | 31.0 | 30.8 | 30.7 | 30.6 | 30.4 | 30.3 | 30.3 |
| Growth | 36.8% | 0.6% | 0.6% | 0.3% | 0.5% | 0.3% | 0.2% | 0.0% |
| Shares outstanding (diluted) [+] | 42.4 | 31.4 | 31.1 | 30.8 | 30.7 | 30.5 | 30.5 | 30.4 |
| Growth | 35.2% | 1.0% | 0.9% | 0.5% | 0.5% | 0.3% | 0.3% | 0.1% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|