CHARLOTTE - Glatflelter has reported a wider loss for its second quarter, hurt by industry-wide market weakness and ongoing customer destocking as well as the previously announced closure of its Ober-Schmitten facility in Germany.
Net sales were $357 million, down from $363 million whilst net loss from continuing operations of was $36.6 million, down from a loss of $2.4 million in the same period last year.