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Matthews International Reports Strong Financial Results for Q4 and FY2025

Matthews International Corporation, listed on NASDAQ under the ticker MATW, has released its financial results for the fourth quarter and the entire fiscal year ending on September 30, 2025. The report indicates that the company has demonstrated a resilient financial performance, despite operational challenges in certain areas.

Financial Highlights

The fourth quarter saw consolidated sales reach $318.8 million, contributing to a total of $1.50 billion for fiscal 2025. Particularly noteworthy is the Memorialization segment, which reported a surge in fourth-quarter sales, indicating effective management and strategic growth initiatives.

Company President and CEO Joseph C. Bartolacci expressed satisfaction with these results, emphasizing that they surpassed the company’s initial expectations for Q4 of fiscal 2025. The Memorialization segment benefitted from the acquisition of The Dodge Company, along with the rising sales volumes of bronze memorials and effective price adjustments amidst inflationary trends.

Segment Performance

While the Memorialization sector thrived, the Industrial Technologies segment experienced a decline in sales due to external challenges, notably the ongoing litigation with Tesla. However, Bartolacci noted a strong interest from other customers for dry battery electrode solutions, which bodes well for future orders.

The warehouse automation business reported a recovery in market conditions, contributing positively to the company’s overall sales figures compared to the previous year.

In addition to segment growth, Matthews International has made significant strides in reducing corporate costs, which aided in improving consolidated EBITDA guidance for the forthcoming fiscal year.

Strategic Corporate Moves

A crucial element in the company’s evolving narrative is the successful divestiture of the SGK business, which has allowed Matthews International to streamline operations and focus on core sectors. The creation of the Propelis joint venture as a result of this transaction is anticipated to enhance growth, with annual adjusted EBITDA for Propelis estimated around $100 million.

Bartolacci proudly highlighted the accomplishments of the past fiscal year, despite the hurdles faced, including successful asset sales and a consistent increase in dividends to shareholders.

Looking Ahead

For fiscal 2026, Matthews International is optimistic about continued growth within the Memorialization segment, thanks to the contributions from The Dodge Company acquisition. While anticipating challenges in the engineering sector due to ongoing litigation, the company plans further cost reduction measures to mitigate declines.

Furthermore, as the company completes pending transactions, they expect substantial reductions in corporate and non-operating costs.

To summarize, Matthews International is entering a new fiscal year with a focus on sustaining its momentum in Memorialization, capitalizing on growth opportunities, and further optimizing its operational efficiency. A conference call scheduled for November 21, 2025, will provide investors with a deeper look into the company's strategies and outlook moving forward.

About Matthews International

Matthews International Corporation specializes in memorialization products, industrial technologies, and brand solutions globally. The company has a rich history and operates through two main business segments: Industrial Technologies and Memorialization, demonstrating a commitment to innovation and strategic growth to thrive in a competitive market.

Through continous improvement and unwavering focus on its core values, Matthews International aims to enhance shareholder value while delivering the highest quality services and products to its customers worldwide.