Company Information

Lydall Inc (Lydall) is a manufacturer of engineering products that designs and manufacturers engineered products for thermal/acoustical and filtration/separation markets.The company offers filtration media solutions, thermal insulation solutions and technical nonwoven needle punch material; and other specialized products for air and liquid life science applications includes medical filtrations and food and beverages. It sells through internal sales force and distributes through common carrier. Lydall supplies to original equipment manufacturers and tier- one suppliers. It operates through its subsidiaries in France, the UK, Germany, the US, China, the Netherlands and Canada. Lydall is headquartered in Manchester, Connecticut, the US.The company reported revenues of (US Dollars) US$764 million for the fiscal year ended December 2020 (FY2020), a decrease of 8.8% over FY2019. The operating loss of the company was US$62.1 million in FY2020, compared to an operating loss of US$38.8 million in FY2019. The net loss of the company was US$73.7 million in FY2020, compared to a net loss of US$70.5 million in FY2019. The company reported revenues of US$227.1 million for the first quarter ended March 2021, an increase of 8% over the previous quarter.