P.H. Glatfelter Company (NYSE:GLT)
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The Company manufactures, both domestically and internationally, an array of specialty papers and engineered products.
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The Company manufactures, both domestically and internationally, an array of specialty papers and engineered products.
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Glatfelter should record a robust profit growth this year. Management has implemented thighter cost contrils, and ongoing margin improvement ought to help support Glatfelter’s profitability in the near term. Continued stock buybacks should add lift to per-share results going forward. Their diversification efforts should do well. Innovation and product development remain key to its long-term strategy. They have earmarked $90 million for capital expenditures, with at least a third of this dedicated to expand its Composite Fibers’ production capacity, which ought to be completed by the first quarter of 2012.