Matthews International Corporation $(MATW)$ reported its financial results for the first quarter of fiscal 2026. Sales for the period reached USD 38.95 million. Net income attributable to shareholders was USD 12.69 million for the quarter. Adjusted EBITDA for the period was USD 35.24 million. In the first quarter, the Memorialization segment reported higher sales and adjusted EBITDA. The company highlighted continued progress in the commercialization of its MPERIA Axian Inkjet (XIJ) systems. Matthews International also reported that proceeds from recent divestitures contributed to a USD 174 million reduction in outstanding debt and the redemption of USD 300 million in notes due 2027. The company reaffirmed its outlook for fiscal 2026.

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