Nov 07, 2024 / 01:30PM GMT
Julie Schertell - Mativ Holdings - President and Chief Executive Office
Largest film site focused on driving sustainable improved productivity quality and operational performance.
The advanced film turn around effort is similar to the approach we took over the course of 2023 to improve performance in health care.
The year-to-date results of this effort in health care are above market organic sales growth of more than 5% versus prior year and significantly improved profitability that has exceeded our expectations. Based on this similar effort and the outcome, I'm confident we will successfully improve results in advanced film over the course of the next 12 months, I'll now turn to some of our high growth categories where we are investing for additional capacity. We've previously talked about the investments we are making in filtration, specialty tapes and release liners and I just touched on the new investment in the UK to expand our medical film capacity. We also recently improved an investment in specialty tapes to support our polyplex and athletic tape category with a new line in our
Q3 2024 Mativ Holdings Inc Earnings Call Transcript
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