Minerals Technologies Inc. (MTX) reports record earnings for Q4 and full year 2024.

From GlobeNewswire: 2025-02-06 18:08:59

Minerals Technologies Inc. (NYSE: MTX) reported record earnings for the fourth quarter and full year 2024. In the fourth quarter, worldwide net sales were $518 million, down 1 percent from the prior year. Operating income was $84 million, with special items recorded at $8.1 million. The Consumer & Specialties segment saw a 4 percent increase in operating income. For the full year, net sales were $2.12 billion, down 2 percent, with operating income of $287 million. Free cash flow was $147 million, and the balance sheet remains strong with a net leverage ratio of 1.6 times adjusted EBITDA. The company will host a conference call on February 7, 2025, at 11 a.m. Eastern Time.



Read more at GlobeNewswire: CORRECTION — Minerals Technologies Inc. Announces 2024