Ahlstrom raises its outlook on profitability for 2016
(Thomson Reuters ONE) -
Ahlstrom Corporation STOCK EXCHANGE RELEASE July 20, 2016 at 09.05
Ahlstrom raises its outlook on profitability for 2016
Ahlstrom raises its outlook for adjusted operating profit margin in 2016 as a
result of continued improvement in operational performance and lower variable
costs. The outlook for net sales remains unchanged.
New outlook for 2016:
Ahlstrom expects net sales from continuing operations in 2016 to be in the range
of EUR 950-1,050 million. The adjusted operating profit from continuing
operations is expected to be 5.0%-6.0% of net sales.
Previous outlook for 2016:
The company expects net sales from continuing operations in 2016 to be in the
range of EUR 950-1,050 million. The adjusted operating profit from continuing
operations is expected to be 4.2%-5.2% of net sales.
Ahlstrom plans to publish its January-June 2016 interim report on August
3, 2016.
For more information, please contact:
Sakari Ahdekivi
Chief Financial Officer
Tel. +358 10 888 4768
Juho Erkheikki
Financial Communications & Investor Relations Manager
Tel. +358 10 888 4731
Ahlstrom in brief
Ahlstrom provides innovative fiber-based materials with a function in everyday
life. We are committed to growing and creating stakeholder value by proving the
best performing sustainable fiber-based materials. Our products are used in
everyday applications such as filters, medical fabrics, life science and
diagnostics, wallcoverings, tapes, and food and beverage packaging. In 2015,
Ahlstrom's net sales amounted to EUR 1.1 billion. Our 3,300 employees serve
customers in 22 countries. Ahlstrom's share is quoted on the Nasdaq Helsinki.
More information is available at www.ahlstrom.com.
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ahlstrom Oyj via GlobeNewswire
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Datum: 20.07.2016 - 08:05 Uhr
Sprache: Deutsch
News-ID 484232
Anzahl Zeichen: 2475
contact information:
Town:
Helsinki
Kategorie:
Business News
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