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Streamlining efforts will continue - Ahlstrom

27 Oct '09
5 min read

Net sales of the Fiber Composites segment amounted to EUR 216.5 million (EUR 249.3 million), representing 54% of the Group's net sales. The segment's net sales were decreased by 13.1% compared to July-September 2008. Net sales were reduced in all business areas due to lower volumes in most products. Net sales in the Advanced Nonwovens business area (-13.5%) was impacted by an extended summer shut-down. The steepest fall (-20.5%) was seen in the Glass & Industrial Nonwovens business area. On the other hand, net sales of Glass & Industrial Nonwovens increased by 9.6% compared to April-June this year, particularly owing to the picking up of the demand for construction materials.

Net sales of the Specialty Papers segment amounted to EUR 185.9 million (EUR 204.0 million), representing 46% of the Group's net sales. Net sales were reduced by 8.9% compared to July-September 2008. Net sales were reduced in both business areas due to lower volumes and sales prices in most products. In the Technical Papers business area, the reduction was smaller (-6.4%), which is particularly due to an increase in the sales of wall covers and poster papers. Sales of Release & Label Papers decreased by 10.7% from July-September 2008, but increased slightly compared to April-June this year.

Development of net sales in January-September 2009
Group net sales were reduced in all business areas due to lower volumes in most products. Net sales for January-September 2009 amounted to EUR 1,175.6 million, down by 15.0% on the corresponding period the previous year (EUR 1,383.4 million). The comparison figures show that during the corresponding period in 2008, the global recession had only a slight negative impact on sales towards the end of the period.

Net sales of the Fiber Composites segment amounted to EUR 637.7 million (EUR 758.3 million), representing 54% of the Group's net sales.Net sales fell by 15.9% compared to January-September 2008. Net sales of the Advanced Nonwovens business area were close to the level of January-September 2008 (-5.5%), while Glass & Industrial Nonwovens net sales fell by 28.3%.

Net sales of the Specialty Papers segment amounted to EUR 544.2 million (EUR 630.7 million), representing 46% of the Group's net sales. Net sales decreased by 13.7% compared to January-September 2008. Net sales were reduced in both business areas, the Release & Label Papers (-14.6%) and Technical Papers(-12.6%).

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Ahlstrom Corporation

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