Stephen Percoco's questions to Matthews International Corp (MATW) leadership • Q1 2025
Question
Stephen Percoco sought clarity on the outlook for restructuring expenses, whether the $15 million in post-SGK savings is additional to the $50 million program, and the expected impact on operating cash flow for the year.
Answer
CFO Steven Nicola confirmed that additional, though declining, restructuring costs are expected this year. He clarified that the potential $15 million in corporate savings post-SGK is additive to the current $50 million program. Nicola also stated that he expects operating cash flow to be positive for the remainder of the fiscal year, following the typical seasonal cash outflow in Q1.