Glatfelter (GLT)

Risks

• Our business and financial performance may be adversely affected by a weak global economic environment or downturns in the target markets that we serve.
• The cost of raw materials and energy used to manufacture our products could increase or the availability of certain raw materials could become constrained.
• Foreign currency exchange rate fluctuations could adversely affect our results of operations.
• Our industry is highly competitive and increased competition could reduce our sales and profitability.
• We may not be able to develop new products acceptable to our existing or potential customers.
• We are subject to substantial costs and potential liability for environmental matters.
• We generate a substantial portion of Airlaid Materials' and Spunlace's net sales from one customer serving the hygiene products market, the loss of which could have a material adverse effect on our results of operations.
• Our operations may be impaired, and we may be exposed to potential losses and liability as a result of natural disasters, acts of terrorism or sabotage or similar events.
• We have operations in a potentially politically and economically unstable location.
• Our international operations pose certain risks that may adversely impact sales and earnings.
• We are subject to cyber-security risks related to unauthorized or malicious access to sensitive customer, vendor, company, or employee information, as well as to the technology that supports our operations and other business processes.
• We operate in and are subject to taxation from numerous U.S. and foreign jurisdictions.
• In the event any of the above risk factors impact our business in a material way or in combination during the same period, we may be unable to generate enough cash flow to simultaneously fund our operations, finance capital expenditures, satisfy obligations and make dividend payments on our common stock.
• We have substantial indebtedness and may incur substantial additional indebtedness, which could adversely affect our financial health and our ability to obtain financing in the future, react to changes in our business and make payments on the notes.