Glatfelter (GLT) Tops Q4 EPS by 1c

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Glatfelter Reports Fourth Quarter and Full Year 2019 Results

February 6, 2020 7:02 AM EST

~Significant cash generated by settlement of qualified pension plan~

~Announces plan to relocate corporate headquarters to Charlotte, North Carolina~

YORK, Pa., Feb. 06, 2020 (GLOBE NEWSWIRE) -- Glatfelter (NYSE: GLT), a leading global supplier of engineered materials, today reported its results for the fourth quarter of 2019.  Due to the divestiture of the Specialty Papers business in October 2018, its results are classified as discontinued operations for all periods presented in this release.  During the quarter, the Company recorded a non-cash $75.3 million pre-tax charge in connection with the termination and settlement of... More