Home / Knowledge / News / Textiles / Ahlstrom posts near flat sales in Q3
Ahlstrom posts near flat sales in Q3
31
Oct '08
During the July-September period, Ahlstrom's group net sales grew by 1.4%, amounting to EUR 451.2 million (EUR 444.9 million) compared with the same period last year. Organic growth in the net sales was still strong, as comparable net sales grew by 6.9% adjusted for the currency effect, acquisitions and closures from the same period last year. Comparable volume growth adjusted for acquisitions and closures was 2.7%.

The Fiber Composites segment accounted for 55% and the Specialty Papers segment 45% of the Group net sales.

The net sales of the Fiber Composites segment amounted to EUR 249.3 million (EUR 249.8 million), decreasing by 0.2% on the third quarter of 2007. The decrease was a result of the currency effect and the closing of unprofitable units during 2008. Comparable net sales grew by 7.2% and the comparable volume development was flat.

Within the segment, organic growth was especially strong in the Advanced Nonwovens business area thanks to a brisk demand for medical applications. Also the Glass Nonwovens business area posted an increase both in net sales and volumes as a result of strong demand for windmill applications.

In the Home & Personal Nonwovens and Filtration business areas, net sales decreased due to lower volumes in wipes and automotive filtration, plant closures and the currency effect.

The Specialty Papers segment reported net sales of EUR 204.0 million (EUR 196.3 million), up by 4.0% from the third quarter of 2007. Comparable net sales grew by 7.0% and comparable volumes by 4.3% from the third quarter last year. Within the segment, net sales grew particularly strongly in wallpapers, vegetable parchment and crepe papers, while abrasive base papers and poster papers reported lower sales and volumes.

In terms of geographical areas, Europe still dominated Ahlstrom's net sales split, accounting for 53% (60%) of the Group total. The relative share of Europe still decreased, as growth was strongest in South America as a result of completed acquisitions and a good demand for certain of Ahlstrom's products, such as transportation filtration materials and labels.

Net sales in January-September 2008:
In January-September 2008, Group net sales amounted to EUR 1,383.4 million (EUR 1,298.3 million), growing by 6.6% on the corresponding period in 2007. Comparable net sales adjusted for the currency effect, acquisitions and closures grew by 6.9% from the same period last year. Comparable volumes adjusted for acquisitions and closures grew by 3.9%.

The Fiber Composites segment accounted for 55% and the Specialty Papers segment 45% of the Group net sales.

The net sales of the Fiber Composites segment grew to EUR 758.3 million (EUR 691.7 million), up by 9.6% from the previous year. Comparable net sales adjusted for the currency effect, acquisitions and closures grew by 8.8% from the same period last year. Comparable volumes grew by 4.8%.

The Specialty Papers segment reported net sales of EUR 630.7 million (EUR 610.3 million), growing by 3.3% from the third quarter of 2007. Comparable net sales adjusted for the currency effect, acquisitions and closures grew by 5.0%. Comparable volumes grew by 3.8%.


Must ReadView All

Sri Lanka’s apparel exports rise after EU GSP+ reinstatement

Apparel/Garments | On 18th Nov 2017

Sri Lanka’s apparel exports rise after EU GSP+ reinstatement

Sri Lanka’s apparel exports from January to September 2017 has...

Bangladesh plans 2 leather estates in Rajshahi, Chittagong

Apparel/Garments | On 18th Nov 2017

Bangladesh plans 2 leather estates in Rajshahi, Chittagong

Bangladesh Prime Minister Sheikh Hasina has said two more leather...

ASEAN, Hong Kong sign free trade agreement

Textiles | On 18th Nov 2017

ASEAN, Hong Kong sign free trade agreement

The Association of Southeast Asian Nations (ASEAN) and Hong Kong...

Interviews View All

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

November 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.5%
No
12.4%
Skip
19.1%

Total Votes: 89

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.8%
No
30.3%
Skip
7.9%

Total Votes: 89

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
86.5%
No
10.1%
Skip
3.4%

Total Votes: 89

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
80.9%
No
9.0%
Skip
10.1%

Total Votes: 89


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search