Minerals Tech (MTX) Earnings Call Transcript
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Minerals Technologies (NYSE:MTX) management is investing substantially in high-growth areas such as sustainable aviation fuel, animal health, and international pet care, positioning for accelerating margin expansion as these initiatives scale. Demand in the US steel and foundry markets remains solid, supporting refractories and engineered solutions, while European steel and construction markets continue to lag with no sign of imminent recovery. Strategic consolidation and upgrades of manufacturing facilities are expected to improve both productivity and cost position for key product lines, with new capacity in Asia and India targeted for second-half operational rollout. The company maintains conservative capital stewardship, enabling flexibility for potential acquisitions, while ongoing competitive activity and pricing pressure in the pet care business may weigh on near-term Consumer Specialties segment margins.
Source Fool.com
