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Ahlstrom net sales go up in Q1 2007
27 Apr '07
2 min read
The next phase of the growth strategy is the integration of acquisitions and starting up of the organic growth investments. These growth actions will gradually start contributing to our financial development in the coming quarters.
I am satisfied with the steps taken and the Ahlstrom team will have a full workload ahead with exciting growth and business openings.
We reported a 3% growth in comparable net sales versus Q1/2006 and a 10% return on capital employed for the first quarter. The operating profit margin recovered from the low level we experienced at the end of 2006.
However, return on capital employed remained below our long term target as increasing raw material prices continued to put pressure on margins. We continued our work to increase volumes and sales prices while fixed costs declined.
A conference call for analysts and investors regarding the first quarter results will be held on Friday, April 27, 2007 at 13.00 Finnish time.
I am satisfied with the steps taken and the Ahlstrom team will have a full workload ahead with exciting growth and business openings.
We reported a 3% growth in comparable net sales versus Q1/2006 and a 10% return on capital employed for the first quarter. The operating profit margin recovered from the low level we experienced at the end of 2006.
However, return on capital employed remained below our long term target as increasing raw material prices continued to put pressure on margins. We continued our work to increase volumes and sales prices while fixed costs declined.
A conference call for analysts and investors regarding the first quarter results will be held on Friday, April 27, 2007 at 13.00 Finnish time.
Ahlstrom Corporation
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