AP NEWS

Schweitzer-Mauduit: 2Q Earnings Snapshot

August 2, 2018

ALPHARETTA, Ga. (AP) _ Schweitzer-Mauduit International Inc. (SWM) on Wednesday reported second-quarter net income of $25.8 million.

On a per-share basis, the Alpharetta, Georgia-based company said it had net income of 83 cents. Earnings, adjusted for non-recurring costs, were 99 cents per share.

The paper and reconstituted tobacco company posted revenue of $270.4 million in the period.

Schweitzer-Mauduit shares have fallen roughly 9 percent since the beginning of the year. The stock has climbed almost 7 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SWM at https://www.zacks.com/ap/SWM

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