Mattr Provides Select Preliminary Second Quarter 2026 Results Update

Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced select preliminary unaudited financial results for the three-month period ended June 30, 2026, based on preliminary financial information currently available to management, which are expected to meaningfully exceed management’s prior expectations for the quarter. The Company continues to finalize its financial results and therefore has not yet completed its customary quarter-end review procedures. "We are pleased with the strength of our second quarter performance," said Mike Reeves, President and Chief Executive Officer. "Order capture across our wire and cable markets was stronger than previously anticipated, while continued operational efficiency improvements across our modernized manufacturing network, particularly within our Xerxes tank business, enabled more rapid fulfillment of customer orders, resulting in preliminary second quarter revenue and Adjusted EBITDA which exceed management’s prior expectations." Mr. Reeves continued, "While we remain mindful of ongoing economic and geopolitical uncertainty, our second quarter performance reflects the benefits of the strategic investments and portfolio actions undertaken over the past several years. We continue to see encouraging momentum in a number of critical infrastructure markets and remain focused on disciplined execution, operational excellence, and long-term value creation." Preliminary Second Quarter 2026 Highlights from Continuing Operations Subject to completion of typical quarter-end review procedures, the Company currently expects: Q2 2026 Consolidated Revenue of $390 million to $400 million Q2 2026 Consolidated Adjusted EBITDA 1 of $60 million to $65 million The preliminary unaudited results ...