Net sales in 2010 estimated to be better than earlier expected
(Thomson Reuters ONE) -
Ahlstrom Corporation STOCK EXCHANGE RELEASE 19.4.2010 at 09.00
Ahlstrom Corporation, a leading manufacturer of nonwovens and specialty papers,
anticipated in its financial statements bulletin on February 3, 2010, that the
Group net sales will increase compared to 2009, but remain lower than in 2008.
EBIT excluding non-recurring items was estimated to increase from 2009.
The recovery of demand that started toward the end of 2009, continued in
January-March 2010. Since sales prices in most business areas are being
increased to cover the rising raw material costs and sales volumes seem to
develop slightly more favorably than anticipated, the net sales estimate has
been revised.
Demand and net sales in 2010 are expected to increase to approximately the same
levels they were in 2008. The company will continue to increase sales prices to
cover for the risen raw material costs. It will also be ready to increase sales
prices further to cover for possible future raw material price increases.
The EBIT estimate given in the financial statements bulleting remains unchanged.
EBIT excluding non-recurring items is expected to increase from 2009.
The company's first quarter financial results will be published on Thursday,
April 29, 2010.
Ahlstrom Corporation
Jan Lång, President & CEO
Further information
Jan Lång, President & CEO, tel. +358 10 888 4700
Seppo Parvi, CFO, tel. +358 10 888 4768
Distribution:
NASDAQ OMX Helsinki
Main media
www.ahlstrom.com
Ahlstrom in brief
Ahlstrom is a global leader in the development, manufacture and marketing of
high performance nonwovens and specialty papers. Ahlstrom´s products are used in
a large variety of everyday applications, such as filters, wipes, flooring,
labels, and tapes. Based upon its unique fiber expertise and innovative
approach, the company has a strong market position in several business areas in
which it operates. Ahlstrom's 5,800 employees serve customers via sales offices
and production facilities in more than 20 countries on six continents. In 2009,
Ahlstrom's net sales amounted to EUR 1.6 billion. Ahlstrom's share is quoted on
the NASDAQ OMX Helsinki. The company website is at www.ahlstrom.com.
[HUG#1405007]
Unternehmensinformation / Kurzprofil:
Datum: 19.04.2010 - 08:02 Uhr
Sprache: Deutsch
News-ID 19229
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contact information:
Town:
Helsinki
Kategorie:
Business News
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