Matthews International Corporation · NASDAQ:MATW
Matthews International — Q4 2025 Earnings Presentation
17 slides from Matthews International's earnings presentation, Nov 21, 2025
Slide 1: Fourth Quarter Fiscal 2025 Earnings Teleconference
www.matw.com | Nasdaq: MATW Fourth Quarter Fiscal 2025 Earnings Teleconference November 21, 2025 Joseph C. Bartolacci President and Chief Executive Officer Steven F. Nicola Chief Financial Officer and Treasurer
Slide 2: Disclaimer
© 2025 Matthews International Corporation. All Rights Reserved. DISCLAIMER 2 Any forward-looking statements contained in this presentation are included pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are
Slide 3: Overview
Matthews fEtaniss OVERVIEW INTERNATIONAL
Slide 4: 2025 Highlights
© 2025 Matthews International Corporation. All Rights Reserved. 4 2025 Highlights Proactive actions in 2025 are positioning Matthews for a focused, successful 2026 Strategic Portfolio Actions Growth & Innovation Continued Governance Enhancements Financial Discipline • Divestitures • SGK • Warehouse
Slide 5: Outlook for Fiscal 2026
© 2025 Matthews International Corporation. All Rights Reserved. Key Considerations • Projected adjusted EBITDA (including our 40% share of Propelis) to be at least $180 million • Solid performance expected for the Memorialization segment • Uncertainty of project timing in the Industrial Technologies
Slide 6: Overview
Matthews Gace INTERNATIONAL’ OVERVIEW
Slide 7: Q4 & YTD FY2025 Summary
© 2025 Matthews International Corporation. All Rights Reserved. Q4 & YTD FY2025 SUMMARY * See supplemental slides for Adjusted EPS and Adjusted EBITDA reconciliations, and other important disclaimers regarding Matthews’ use of Non-GAAP measures 4th Quarter ("Q4") Highlights Sales • Higher sales for
Slide 8: Memorialization
© 2025 Matthews International Corporation. All Rights Reserved. MEMORIALIZATION * See supplemental slide for Adjusted EBITDA reconciliation and other important disclaimers regarding Matthews’ use of Non-GAAP measures 8 23.0% 21.1% $196.8 $209.7 Q4 FY2024 Q4 FY2025 $829.7 $809.5 FY2024 FY2025 $40.5 $
Slide 9: Industrial Technologies
© 2025 Matthews International Corporation. All Rights Reserved. INDUSTRIAL TECHNOLOGIES * See supplemental slide for Adjusted EBITDA reconciliation and other important disclaimers regarding Matthews’ use of Non-GAAP measures 9 15.5% 12.4% 15.6%10.3% Sales • Engineering sales remain challenged due to
Slide 10: Brand Solutions
© 2025 Matthews International Corporation. All Rights Reserved. BRAND SOLUTIONS Sales • Divestiture of SGK Business completed on May 1, 2025 • Sales for the current quarter consisted of the segment’s European packaging operation Adjusted EBITDA • Portion of earnings in Propelis recognized on 3 month
Slide 11: Capitalization and Cash Flows
© 2025 Matthews International Corporation. All Rights Reserved. • Debt decreased by $65.6 million during the fiscal year • Current year operating cash flow reflects costs in connection with acquisitions and divestitures, litigation, and restructuring of the German operations and the unfavorable work
Slide 12: Supplemental Information
Matthews Buea INFORMATION INTERNATIONAL
Slide 13: Non-GAAP measures definitions
© 2025 Matthews International Corporation. All Rights Reserved. 13 Included in this report are measures of financial performance that are not defined by GAAP, including, without limitation, adjusted EBITDA, adjusted net income and EPS, constant currency sales, constant currency adjusted EBITDA, and
Slide 14: Adjusted EBITDA Non-GAAP Reconciliation
© 2025 Matthews International Corporation. All Rights Reserved. * See Disclaimer (page 2) for Management’s assessment of supplemental information related to adjusted EBITDA. 14 Three Months Ended September 30, Year Ended September 30, 2025 2024 2025 2024 Net loss $ (27,470) $ (68,161) $ (24,471) $ (
Slide 15: Adjusted Net Income and EPS Non-GAAP Reconciliation
© 2025 Matthews International Corporation. All Rights Reserved. ADJUSTED NET INCOME AND EARNINGS PER SHARE NON-GAAP RECONCILIATION (Unaudited) (In thousands, except per share data) * See Disclaimer (page 2) for Management’s assessment of supplemental information related to adjusted net income and ad
Slide 16: Constant Currency Sales and Adjusted EBITDA Reconciliation
© 2025 Matthews International Corporation. All Rights Reserved. * See Disclaimer (page 2) for Management’s assessment of supplemental information related to constant currency sales. 16 CONSTANT CURRENCY SALES AND ADJUSTED EBITDA NON-GAAP RECONCILIATION (Unaudited) (In thousands) Memorialization Indu
Slide 17: Net Debt Non-GAAP Reconciliation
© 2025 Matthews International Corporation. All Rights Reserved. * See Disclaimer (page 2) for Management’s assessment of supplemental information related to net debt. 17 September 30, 2025 September 30, 2024 Long-term debt, current maturities $ 7,230 $ 6,853 Long-term debt 703,602 769,614 Total debt
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