Minerals Technologies Inc. reported a net loss of $144 million, or $4.51 per share, for the first quarter of 2025. Sales for the quarter were $492 million, representing an 8% decrease year-over-year and a 5% sequential decline, with operating income at $38 million and an operating margin of 12.9%.
The challenging quarter was characterized by lower volumes, an unfavorable product mix, and increased operating costs, particularly during a slow January and February before order patterns improved in March. In response, the company initiated a $10 million cost savings program aimed at efficiency improvements and overhead reductions.
Despite the headwinds, Minerals Technologies continued its growth initiatives, commissioning two new PCC satellites and progressing three more under construction. The company also secured new projects for its FLUORO-SORB PFAS remediation solution, indicating ongoing market penetration in key environmental sectors. For Q2 2025, the company projects sales between $520 million and $535 million, with operating income around $75 million, and anticipates 3% to 5% organic sales growth for the full year.
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