How did Mativ Holdings' revenue and expenses shift in Q4 2024?

Mativ Holdings experienced a significant shift in its revenue and expense distribution across business segments in Q4 2024, with the most notable changes being: 1. **Sustainable & Adhesive Solutions Segment Dominance**: - Revenue: The Sustainable & Adhesive Solutions segment generated $1.21 billion in revenue, accounting for the majority of Mativ Holdings' total revenue for the quarter. - Expenses: The segment also had a substantial expense profile, with $923.8 million in expenses, which is a key component of the company's overall expense picture. 2. **Filtration & Advanced Materials Segment Contribution**: - Revenue: The Filtration & Advanced Materials segment contributed $766.5 million in revenue, which, although lower than the Sustainable & Adhesive Solutions segment, still represented a substantial portion of the company's total revenue. - Expenses: This segment also had a notable expense profile, with $598.7 million in expenses. 3. **Unallocated Segment Activity**: - Revenue: The unallocated segment reported zero revenue for the quarter. - Expenses: Similarly, there were no reported expenses for this segment. In summary, Mativ Holdings' revenue and expenses in Q4 2024 were heavily influenced by its Sustainable & Adhesive Solutions and Filtration & Advanced Materials segments, with the former being the more revenue-generating segment. The unallocated segment did not contribute to either revenue or expenses for the quarter.