Schweitzer-Mauduit International: Undervalued Special Materials Stock [Seeking Alpha]
Schweitzer-Mauduit International, Inc. (SWM)
Last schweitzer-mauduit international, inc. earnings: 2/20 04:27 pm
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US:NYSE Investor Relations:
schweitzermauduitinternationalinc.gcs-web.com/investor-overview
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Source: Seeking Alpha
Schweitzer-Mauduit International ( SWM Schweitzer-Mauduit International started out as a paper mill in Renaissance-era France. Image provided by Schweitzer-Mauduit International From its humble beginnings in 1545 as a French paper mill Year Revenue ($) Net Income ($) 2015 775.2 million 90 million 2016 845.8 million 82.3 million 2017 981.7 million 34 million 2018 1.04 billion 94.2 million 2019 1.02 billion 85.8 million Figures collated from annual reports available on Schweitzer-Mauduit International's investor relations page. Net income figures have been relatively steady in the same period with the exception of 2017, which was affected by the Tax Cut and Jobs Act being signed into law in December 2017. As a consequence, Schweitzer-Mauduit International had to pay a one-time, non-cash tax expense of $40 million. Subsequent figures testify to the one-time nature of this drop. Going forward, Schweitzer-Mauduit International is pursuing diversification away from tobacco-related sales and
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