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Capital & Financial MarketsOperations & Footprint 7 Nov 2026

Mativ Q3 sales fall 3% after July tornado disrupts distribution network

Mativ reported third-quarter 2026 net sales down nearly 3% to USD 500m and adjusted EBITDA down 7% to USD 62m, after a July tornado cut sales by an estimated USD 20m to 25m and added distribution costs. Growth in the Filtration & Advanced Materials segment, up more than 11% organically, partly offset the disruption. Management expects volume growth in both segments in the fourth quarter but a low-single-digit percentage decline in adjusted EBITDA due to tariffs, storm-related inefficiencies and healthcare destocking.

Why this mattersA single weather event cost Mativ USD 20m-25m of quarterly sales, showing how exposed its paper and packaging business is to disruption in its distribution network.

  • Q3 2026 net sales fell nearly 3% year over year to USD 500m, organic sales down more than 2%
  • Adjusted EBITDA fell 7% to USD 62m, margin down 50 basis points to 12.5%
  • July tornado reduced Q3 sales by an estimated USD 20m to 25m, CFO Scott Minder said
  • Filtration & Advanced Materials segment sales rose more than 10% reported and more than 11% organically to USD 219m; adjusted EBITDA up 20% to USD 40m
  • Specialty films revenue for commercial space applications rose more than 30% year over year
  • Net debt stood at USD 879m, with leverage targeted within 2.5x to 3.5x by mid-2027
Mativ
Sources Yahoo Finance
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-11-08 · Edited before publication: 'One distribution site' is not in the source; the tornado disrupted the paper and packaging distribution network.
  • 2026-11-08 · Edited before publication: Source says FAM organic growth was 'more than 11%', not 11%. Key fact corrected; rest grounded.