Minerals Technologies Inc（MTX）のニュースとイベントMTXMinerals Technologies Inc

Company Reports Q2 Revenue of $548.4M, Below Consensus

Reports Q2 revenue $548.4M, consensus $558.7M. "Our sales momentum continued in the second quarter, resulting in 7 percent growth in the first half of the year. This trend is being driven by our growth initiatives and strong market conditions, and we are on track to hit our full year revenue targets," said Douglas T. Dietrich, Chairman and Chief Executive Officer. "We absorbed significant inflationary cost increases that temporarily impacted margins, primarily in the Consumer & Specialties segment, but have pricing actions in place to restore them through the back half of the year."

Minerals Technologies Files Bankruptcy Reorganization Plan

Minerals Technologies announced that, together with certain of its affiliates, it has filed a Plan of Reorganization in the Chapter 11 cases of its subsidiaries BMI OldCo and its affiliated debtors pending before the U.S. Bankruptcy Court for the Southern District of Texas. The Parent Plan would present a viable, efficient, and advantageous resolution of these Chapter 11 cases, providing claimants with significant recoveries while bringing the proceedings to an orderly and expeditious conclusion. Importantly, while the Parent Plan is a serious, good faith, and confirmable proposal, today's filing is a procedural step to satisfy a deadline imposed by the Bankruptcy Court. The broader dispute regarding these cases remains pending before the U.S. District Court for the Southern District of Texas, which on June 22, 2026 adopted the Bankruptcy Court's recommendation that the District Court determine the threshold issue of whether any talc sold by BMI OldCo contained sufficient quantity and form of asbestos to potentially cause asbestos-related diseases. The District Court proceedings are ongoing. MTI looks forward to a judicial forum to prove that the lawsuits against BMI OldCo are meritless and that all talc sold by BMI OldCo is and always has been safe. According to the Bankruptcy Court's recommendation to the District Court, the Chapter 11 process - including the Plan confirmation process - should be abated until the District Court makes a final determination on the central issue of these cases.

MTI Reports Q1 Revenue of $546.9M

Reports Q1 revenue $546.9M, consensus $515.62M. "In the first quarter, our sales grew by double digits across multiple businesses, underscoring the momentum we have built in recent quarters. Supported by our innovation pipeline and recent growth investments, we expect this momentum to continue through the year," said Douglas T. Dietrich, MTI's Chairman and Chief Executive Officer. "Recent geopolitical events presented new challenges; however, consistent with our track record, our teams moved quickly to make the necessary adjustments to navigate higher global energy costs."