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Matthews International Responds To Barington Capital; Affirms Board And Management's Focus On Driving Long-Term Value Creation

Matthews International Responds To Barington Capital; Affirms Board And Management's Focus On Driving Long-Term Value Creation

馬修國際回應巴林頓資本;重申董事會和管理層專注於創造開多價值。
Benzinga ·  2024/12/11 01:55

Matthews International Corporation (NASDAQ GSM: MATW) ("Matthews" or the "Company") today issued the following statement in response to the recent statement and nomination notice the Company has received from Barington Capital Group ("Barington"):

馬修國際公司(納斯達克 GSM:MATW)("馬修"或"公司")今天就最近收到的來自巴林頓資本集團("巴林頓")的聲明和提名通知發佈了以下聲明:

Our recent operating results reflect solid performance by our core businesses and demonstrate the resilience of our team in the face of a challenging market environment. As a result of strong execution and oversight by the Matthews Board of Directors and management team, the fundamentals of our businesses and their long-term outlook are strong:

我們最近的經營業績反映了核心業務的穩健表現,並展示了我們團隊在挑戰市場環境下的韌性。由於馬修董事會和管理團隊的出色執行和監督,我們的業務基礎和長期前景保持強勁:

• Memorialization has benefited from pricing actions and several smaller strategic acquisitions, while delivering on cremation and mausoleum-related products that underscore the segment's long-term commitment to diversify its best-in-class offerings within the deathcare industry. Cost control measures taken during the fiscal year have also contributed to an improvement in operating margins.

• 紀念業務受益於價格調整和幾項較小的戰略收購,同時提供了火葬和陵墓相關產品,強調該領域在死亡護理行業內長期致力於多樣化其一流產品的承諾。財政年度內採取的成本控制措施也爲運營利潤率的提升做出了貢獻。

• SGK recently reported its third consecutive quarter of higher sequential sales and solid margins. Notably, the strategic decision to invest in resources to support the transitioning of components of our core business to an e-commerce digital marketing platform differentiates us from our peers and led to an increase in revenues and organic business opportunities that position us well for 2025.

• SGk 最近報告了連續第三個季度的銷售額環比上漲和穩健的利潤率。值得注意的是,戰略性決定投資資源以支持核心業務部分向電子商務數字營銷平台的過渡,使我們在同行中脫穎而出,並導致營業收入和有機業務機會的增加,爲我們在2025年做好了準備。

• Within Industrial Technologies we expect the demand recovery to have a positive impact at the start of our new fiscal year, which should result in meaningful revenue results in the latter part of fiscal 2025 and into 2026.

• 在工業技術領域,我們預計需求的恢復將在新財政年開始時產生積極影響,這應該導致2025財政年度後期及2026年的營業收入顯著增長。

• Interest in the innovative solutions being offered through our Energy Solutions business remains strong, and we are well positioned both financially and operationally to lead the ongoing transition to electric vehicles through our multi-decade investment in advanced rotary processing technologies and alternative solutions for such technologies.

• 通過我們的能源解決方案業務提供的創新解決方案仍然受到強烈關注,我們在財務和運營上都處於良好的位置,引領向新能源汽車的持續轉型,這得益於我們在先進旋轉加工技術和替代解決方案上的多年投入。

As previously announced on our fourth quarter earnings call, Matthews has retained J.P. Morgan to support the evaluation of potential strategic alternatives. The Board is dedicated to driving long-term value creation, and the strategic alternatives process is a reflection of that commitment. Importantly, in late November, Matthews also declared its 31st consecutive annual dividend increase since becoming a public company.

正如我們在第四季度業績會上之前宣佈的,馬修已聘請摩根大通支持潛在戰略替代方案的評估。董事會致力於推動長期價值創造,戰略替代方案的過程正反映了這一承諾。重要的是,在11月底,馬修還宣佈了自成爲上市公司以來的第31次連續年度股息增長。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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