Ahlstrom to book impairment charge of EUR 22.4 million in its Q4 2009
financial results
(Thomson Reuters ONE) - Ahlstrom Corporation STOCK EXCHANGE RELEASE 15.122009 at 14.40Ahlstrom has completed its annual impairment testing according to IAS36. The testing shows an impairment need of EUR 22.4 million in theWipes cash generating unit.As a result of the testing, Ahlstrom will book a non-cash impairmentcharge of EUR 22.4 million from the goodwill in the Home & PersonalNowovens Business Area in its fourth quarter 2009 financial results.The charge will have a corresponding negative effect on Ahlstrom'sfourth quarter operating profit.Ahlstrom publishes the financial results for 2009 on February 3,2010.Ahlstrom CorporationJan LångPresident & CEOFurther information:Seppo ParviCFOTel. +358 10 888 4768Distribution:NASDAQ OMX HelsinkiMain mediawww.ahlstrom.comAhlstrom in briefAhlstrom is a global leader in the development, manufacture andmarketing of high performance nonwovens and specialty papers.Ahlstrom´s products are used in a large variety of everydayapplications, such as filters, wipes, flooring, labels, and tapes.Based upon its unique fiber expertise and innovative approach, thecompany has a strong market position in several business areas inwhich it operates. Ahlstrom's 6,000 employees serve customers viasales offices and production facilities in more than 20 countries onsix continents. In 2008, Ahlstrom's net sales amounted to EUR 1.8billion. Ahlstrom's share is quoted on the NASDAQ OMX Helsinki. Thecompany website is at www.ahlstrom.com.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Bereitgestellt von Benutzer: hugin
Datum: 15.12.2009 - 13:40 Uhr
Sprache: Deutsch
News-ID 9632
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