MATTHEWS INTERNATIONAL (MATW) Company Report

Matthews International reported a net loss of $27.5 million, or $0.88 per share, for the fiscal 2025 fourth quarter, with consolidated sales of $319 million, primarily reflecting the divestiture of the SGK business.
The company announced an agreement to sell its warehouse automation unit for $230 million, with $160 million expected to be applied to debt reduction, aiming to significantly strengthen its balance sheet. Net debt at September 30, 2025, was $678 million, with a net leverage ratio of 3.6.
For fiscal 2026, Matthews International expects adjusted EBITDA guidance to be at least $180 million, inclusive of its 40% interest in Propelus.
The company also announced the retirement of Chief Financial Officer Steve Nicola, with Dan Stopar becoming the incoming CFO beginning December 1. Additionally, the quarterly dividend was increased to $0.2505 per share.

Nov 21, 2025, 2:00 PM

Transcript

Matthews International Corporation Reports Q4 and Full Year 2025 Results

MATW

Earnings

Guidance Update

M&A

Matthews International Corporation (MATW) reported Q4 2025 sales of $318.8 million and Non-GAAP Adjusted EPS of $0.50, alongside a Net Loss Attributable to Matthews of $(27.5) million.
For the full fiscal year 2025, the company's sales were $1,497.7 million and Adjusted EBITDA was $187.5 million.
The company undertook significant strategic portfolio actions in 2025, including the divestiture of SGK, Warehouse Automation, and Packaging & Tooling businesses, and the acquisition of The Dodge Company and B. Heynck GmbH.
Matthews reduced its total debt to $710.8 million and net debt to $678.4 million as of September 30, 2025, with a Net Debt Leverage Ratio of 3.6.
For fiscal year 2026, Matthews projects adjusted EBITDA to be at least $180 million, which includes its 40% share of Propelis.

Nov 21, 2025, 2:00 PM

Presentation

Matthews International Reports Q4 2025 Results, Announces Divestiture and FY 2026 Guidance

MATW

Earnings

M&A

Guidance Update

For the fourth quarter of fiscal year 2025, Matthews International reported a net loss of $27.5 million, or $0.88 per share, and consolidated sales of $319 million, primarily reflecting the divestiture of the SGK business. Consolidated adjusted EBITDA for the quarter was $51.5 million.
The company announced an agreement to sell its warehouse automation unit for $230 million, with $160 million expected to be applied to debt reduction. This follows the earlier divestiture of SGK, where Matthews retained a 40% stake in the new entity, Propelus.
Matthews International anticipates adjusted EBITDA guidance to be at least $180 million for fiscal year 2026, which includes its 40% interest in Propelus.
The board declared an increase in the quarterly dividend to $0.2505 per share, marking the 32nd consecutive annual dividend increase.
Steve Nicola will retire as Chief Financial Officer on December 1, 2025, with Dan Stopar appointed as the incoming CFO. Additionally, Michael Naumann was appointed Chairman of the Board.

Nov 21, 2025, 2:00 PM

Transcript

Matthews International Reports Q4 2025 Results, Announces Divestitures, and Provides FY 2026 Guidance

MATW

Earnings

M&A

Guidance Update

Matthews International reported a net loss of $27.5 million ($0.88 per share) and consolidated sales of $319 million for the fiscal 2025 fourth quarter, primarily impacted by the SGK divestiture.
The company announced an agreement to sell its warehouse automation unit for $230 million, expecting to apply $160 million to debt reduction, and projects $30 million net proceeds from the sale of its European packaging and tooling business. These divestitures are aimed at significantly reducing the company's net debt, which stood at $678 million as of September 30, 2025.
For fiscal 2026, Matthews International expects adjusted EBITDA of at least $180 million, inclusive of its 40% interest in Propelus.
The board declared an increase in the quarterly dividend to $0.2505 per share, marking the 32nd consecutive annual dividend increase.
Steve Nicola will retire as Chief Financial Officer on December 1, 2025, with Dan Stopar succeeding him. Michael Naumann was also appointed Chairman of the Board.

Nov 21, 2025, 2:00 PM

Transcript

Matthews International Reports Q4 and Fiscal Year 2025 Results, Provides Fiscal 2026 Guidance

MATW

Earnings

Guidance Update

M&A

Matthews International Corporation reported Q4 2025 consolidated sales of $318.8 million and fiscal year 2025 consolidated sales of $1.50 billion.
The company's Adjusted EBITDA for Q4 2025 was $51.5 million and for fiscal year 2025 was $187.5 million. Including the 40% share of Propelis, fiscal year 2025 consolidated adjusted EBITDA would be approximately $200 million.
Non-GAAP Adjusted EPS for Q4 2025 was $0.50 and for fiscal year 2025 was $1.26.
Strategic divestitures, including the SGK business and the pending sale of the warehouse automation business, are expected to reduce the net leverage ratio below 3.0x from 3.6x as of September 30, 2025.
For fiscal year 2026, the company targets adjusted EBITDA of at least $180 million (including its 40% share of Propelis).

Nov 21, 2025, 1:33 PM

8-K

Matthews International Reports Q4 and Fiscal Year 2025 Results, Provides Fiscal 2026 Guidance

MATW

Earnings

Guidance Update

M&A

Matthews International reported Q4 2025 consolidated sales of $318.8 million and fiscal year 2025 consolidated sales of $1.50 billion for the period ended September 30, 2025.
The company's consolidated adjusted EBITDA for fiscal year 2025 was $187.508 million, which would be approximately $200 million including its 40% interest in Propelis for Q4 2025.
For fiscal 2026, Matthews International targets consolidated adjusted EBITDA of at least $180 million, including its 40% share of Propelis.
As of September 30, 2025, the company's net debt leverage ratio was 3.6, with the pending sale of the warehouse automation business expected to reduce it below 3.0x.

Nov 20, 2025, 9:15 PM

Press Release

Matthews International Announces Quarterly Dividend Increase

MATW

Dividends

Matthews International Corporation's Board of Directors declared a quarterly dividend of $0.255 per share.
This dividend represents the company's 32nd consecutive dividend increase.
The dividend is payable on December 15, 2025, to stockholders of record as of December 1, 2025.
The increase is supported by long-term growth strategies, cash generation capacity, strong cash flow from the Memorialization segment, and expected cash proceeds from the pending sale of the warehouse automation business.

Nov 20, 2025, 3:44 PM

8-K

Matthews International to Sell Warehouse Automation Business

MATW

M&A

Matthews International Corporation has signed a definitive agreement to sell its Warehouse Automation business to Duravant LLC.
The total consideration for the sale is $230 million, including $223.3 million in cash.
The Warehouse Automation business generated $72 million in sales for fiscal 2025.
The proceeds from the transaction will primarily be used to reduce outstanding debt and strengthen the company's balance sheet.
The transaction is subject to regulatory approval and is expected to close before the end of the company's fiscal 2026 second quarter.

Nov 13, 2025, 9:16 PM

8-K

Matthews International to Sell Automation Solutions Business

MATW

M&A

Duravant LLC has entered into a definitive agreement to acquire Matthews Automation Solutions from Matthews International Corporation (NASDAQ GSM: MATW).
Matthews Automation Solutions provides Warehouse Execution System (WES) and Warehouse Control System (WCS) software, controls, and integration services, known for brands such as Pyramid, Compass, Nexus, and Lightning Pick.
This strategic acquisition will join Duravant's Material Handling operating group, enhancing its capabilities in providing comprehensive material flow and order fulfillment solutions.
The transaction is subject to customary regulatory approvals and is expected to close before March 31, 2026.

Nov 13, 2025, 2:58 PM

Press Release

Matthews International Announces Sale of Warehouse Automation Business

MATW

M&A

Matthews International (MATW) has signed a definitive agreement to sell its Warehouse Automation business to Duravant LLC for a total consideration of $230 million, which includes $223.3 million in cash.
The Warehouse Automation business, part of Matthews' Industrial Technologies segment, generated $72 million in sales for fiscal 2025.
The company plans to primarily use the proceeds from the sale to significantly reduce outstanding debt and strengthen its balance sheet, aiming for a long-term net leverage ratio of 2.5x.
The transaction is subject to regulatory approval and is expected to close before the end of the company's fiscal 2026 second quarter.

Nov 13, 2025, 2:00 PM

Press Release

Earnings Transcripts

Quarterly earnings call transcripts for MATTHEWS INTERNATIONAL.

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