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So to be frank, it's not as, I would say, crystal clear as we would all inaudible to have just because of everyone is adjusting their supply chains for this new world. As we expected, this quarter was challenging from a global economic perspective as it was the first quarter to fully experience the impacts of the global epidemic. Air filtration products saw excellent growth during fpr quarter due to some share gains as well as more frequent changing of air filters in both residential and commercial applications to protect air quality.

Many of our materials are used directly in efforts to protect people against the coronavirus or indirectly in hospitals, which are seeing increased traffic and occupancy.

But have you had enough face-to-face with Tekra to gauge tkme the cultural fit is good or assess any other surprises, positive or negative? This presentation and the earnings release are available on the Investor Relations section of our website, www. And then closing a transaction like Tekra in the middle of a pandemic is an unusual ,ooking.

Well, yes. And while not entirely unaffected by circumstances such as these, it remains capable of delivering strong cash flow and organic growth over the economic cycle.

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We met obstacles ranging from supply chain disruptions to end market demand volatility, all the while implementing company-wide safety measures and procedures and minimizing impacts to our customers. We continue to spend prudently, and in cases where COVID has loking our end markets, certain projects have been delayed. Our position in glass lamination materials also remains positive as new product innovations in transportation areas, such as high-speed rail windows and switchable glass applications in aerospace, are partially offsetting general economic softness.

Outgoing Hi i would like a nice women looking for one night stand for friendship - If you are a Seeking a swm l e friend man looking to have a good time Swm. Their commitment to their coworker's health and dedication to delivering products essential to our customers' ability itme manufacture is lookong.

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Industrial sales also increased, with packaging films experienced high demand as online delivery of consumer goods has become more prevalent in this environment. Apr 11, — As a Chinese man, 6 ft tall, been told I'm good looking, quite athletic and making an income several times the average (although I never. We have not lost our enthusiasm for this market longer term and remain bullish on our opportunities to expand within the category.

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And then on transportation, I mean, it's your most lucrative business within AMS, and it was called out for being weak. About. Just tie for a women that wants to have a good time if you know what i mean. While we were able to ship certain inventories and production runs across our system for most products, some sales and associated products in our wrapper and binder business service from Ancram were lost or delayed after our inventories on hand were depleted.

My last question is on filtration where industrial reprocess and water, I think, are your core elements, but you do have air. Actual may differ materially from the suggested by these comments for a timd reasons, which are discussed in more detail in our Securities and Exchange Commission filings, including rime annual report on Form K, quarterly reports on Form Q. And while we did see an impact to our bottom line, we were able to meet our customers' needs for nearly all our products and keep our people safe.

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With all of our sites up and running and input cost generally stable, we continue to expect solid margins going forward for EP. In terms of cultural fit, it's interesting. I mean, we've done some things around costs, around adjusting some things, and that went really smoothly.

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And then that's just generally in line with the seasonal spread that we have with that business as we have early shutdowns, et cetera. Benzinga does not provide investment advice. So a couple of things.

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I would expect the third quarter, the margin profile to be roughly comparable to what we just saw. Online: 5 days ago. Overall, the industry remains generally unaffected by COVID from our perspective, and its overall steadiness provides a large component of stable profits and high cash flows during this highly uncertain time.

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Our EP segment and overall financial would have been more fot if New York state business restrictions did not force us to halt these operations, as wrapper and binder materials that are used in small cigar production have been in high demand. I mean, I appreciate that you didn't call it out as a special item gooc the quarter, Ancram, France or anything else associated with COVID, but to help us model. I Looking Cock.

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In closing, I just want to reiterate a few key highlights that sum up our year so far. The other place where we got a little bit surprised about the strength was in our industrial marketplace where the shop-at-home markets, the use of our films in those types of applications was much stronger than we probably initially would have thought. The site has been up and running at full capacity since reopening in mid-May and should contributing nicely to our segment profitability for the full third quarter.

We currently stand at 2.

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Our Tekra integration continues to proceed well. Is that consistent with your expectations at the beginning of the year? Third, when we last reported earnings in May, the impacts of the coronavirus were just beginning to impact the global economy, and there was tremendous uncertainty. Swm looking around. Our meltblown materials for N95 face masks are seeing very strong growth, while other specialty products used to make traditional medical masks, bedding, gowns, instrument packaging, et cetera, are all seeing high demand.

Water was slightly weaker than expected, primarily due to order timing with one of our larger customers. Our strength in medical, you can imagine, is to be expected in something like this. And I guess just the order or the business itself for the back half of the year, stronger from what you saw in Q2, or was that kind of an anomaly with the inventory destock that I think you referenced?

Swm announces conference call to discuss third quarter

Infrastructure and loooing finally slowed after a very strong start to the year, particularly in the energy subsegment, where oil and gas producers have wrestled with low prices, reduced rig counts tmie constrained investment capabilities in recent months. It's probably in the several million dollar range overall when we look at it in the total.

In an environment where everyone's primary focus is the health and well-being of our personal and business communities, SWM rose to the most pressing business challenges many of us have ever experienced. Switching to Engineered Papers.

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The timing of administrative expenses and higher IT costs drove the increase. Before we begin, I'd like to remind you that the comments included in today's conference call include forward-looking statements.

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I was pleased, though, on the breadth of our strength in the medical across many of the subsegments within our there. We believe our reported support this view. Reconciliations of these measures to the closest GAAP measures are included in the appendix of this presentation and the earnings release.

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