matthews intl corp-class a (MATW) Key Developments
Matthews International Corporation Appoints Terry L. Dunlap as Director
Feb 20 15
Matthews International Corporation announced that Terry L. Dunlap was appointed to the company's Board of Directors. Mr. Dunlap recently retired as Executive Vice President, Flat-Rolled Products Group of Allegheny Technologies Incorporated. Mr. Dunlap currently serves on the Foundation Board of Indiana University of Pennsylvania.
Matthews International Corporation Presents at 22nd Annual Emerald Groundhog Day Investment Forum, Feb-05-2015 01:35 PM
Feb 4 15
Matthews International Corporation Presents at 22nd Annual Emerald Groundhog Day Investment Forum, Feb-05-2015 01:35 PM. Venue: Radisson Blu - Warwick Hotel, Philadelphia, Pennsylvania, United States.
Matthews International Corporation Announces Unaudited Consolidated Earnings Results for the First Quarter Ended December 31, 2014; Provides Tax Rate Guidance for Fiscal 2015
Jan 29 15
Matthews International Corporation announced unaudited consolidated earnings results for the first quarter ended December 31, 2014. For the quarter, the company reported sales were $343,584,000 compared to $229,945,000 for the same period a year ago. Operating profit was $25,585,000 compared to $14,679,000 for the same period a year ago. Income before income taxes was $20,088,000 compared to $11,987,000 for the same period a year ago. Net income attributable to the company was $14,951,000 compared to $7,914,000 for the same period a year ago. Diluted earnings per share was $0.45 compared to $0.29 for the same period a year ago. Adjusted earnings per share were $0.55 compared to $0.41 for the same period a year ago. The increase in earnings per share primarily reflected the impact of the acquisition of Schawk Inc. and sales growth in the Company's SGK Brand Solutions and Industrial segments.
Excluding this first quarter benefit, the company is currently estimating an effective tax rate for fiscal 2015 of 32%.
Matthews International Corporation Declares Quarterly Dividend Payable on February 16, 2015
Jan 22 15
Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on January 22, 2015, a dividend of $0.13 per share on the company's common stock for the quarter ended December 31, 2014. The dividend represents an annual rate of $0.52 per share and a dividend yield of 1.1% based on the closing price of the company's common stock. The dividend is payable February 16, 2015 to stockholders of record February 2, 2015.
Matthews International Corporation, Annual General Meeting, Feb 19, 2015
Jan 20 15
Matthews International Corporation, Annual General Meeting, Feb 19, 2015., at 09:00 US Eastern Standard Time. Location: JW Marriott, located at 23808 Resort Parkway. Agenda: To elect one director of the company for a term of two years and three directors of the company for a term of three years; to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm to audit the records of the company for the fiscal year ending September 30, 2015; to provide an advisory (non-binding) vote on the executive compensation of the company's named executive officers; and to transact such other business as may properly come before the meeting.