Schweitzer-Mauduit: 2Q Earnings Snapshot
ALPHARETTA, Ga. (AP) _ Schweitzer-Mauduit International Inc. (SWM) on Wednesday reported second-quarter earnings of $20.5 million.
On a per-share basis, the Alpharetta, Georgia-based company said it had profit of 66 cents. Earnings, adjusted for non-recurring costs, came to $1.06 per share.
The paper and reconstituted tobacco company posted revenue of $269.9 million in the period.
Schweitzer-Mauduit shares have risen 32% since the beginning of the year. The stock has declined 20% in the last 12 months.