Home / Knowledge / News / Textiles / Ahlstrom restates its outlook for 2008
Ahlstrom restates its outlook for 2008
28
May '08
Based on an published interview with Ahlstrom CEO Risto Anttonen, there has been speculation in the market on Ahlstrom's outlook for 2008.

Ahlstrom stresses that its outlook for 2008 is unchanged. Anttonen's comment on Ahlstrom's outlook for 2008 is quoted in the article as follows: "It depends on how the market situation and raw material prices develop, of course it is challenging, it is always a challenge to improve results but one also has to remember that we have taken action which help in this year's results, including closing four unprofitable plants."

Ahlstrom restates its outlook for 2008 given on 25 April 2008:

Demand in Ahlstrom's main markets is expected to continue at a good level in 2008. However, the uncertainty related with the market development in the USA reduces short-term visibility. Initial signs of eventual softness of demand have emerged, for example in nonwoven wiping fabrics.

The recent acquisitions and the ongoing investment projects in Brazil, Russia and China are expected to increase Ahlstrom's net sales by 10% during the first half of 2008.

If the USD remains at the current weak level, the full-year net sales growth is anticipated to be slightly below 10%.

Prices for Ahlstrom's main raw materials, especially pulp, are expected to increase or stay at the current high level during 2008.


Must ReadView All

India's Kay Ventures aims to turn Karur into knitwear hub

Apparel/Garments | On 20th Aug 2018

India's Kay Ventures aims to turn Karur into knitwear hub

India’s Kay Ventures has teamed up with Hydra Micro Business...

Uzbekistan-China meeting discusses textile cooperation

Textiles | On 20th Aug 2018

Uzbekistan-China meeting discusses textile cooperation

A meeting of the Uzbek-Chinese business forum on cooperation in the...

Moldova wooing Indian investors in textiles, agriculture

Textiles | On 20th Aug 2018

Moldova wooing Indian investors in textiles, agriculture

Moldova is wooing Indian investors in textiles, agriculture and a few ...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Vikas Banduke

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

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

Pierre Wiertz
EDANA

EDANA, the international association serving the nonwovens and related...

Alfonso Marra
Klopman

It was in 1968 that Klopman introduced the concept of poly/cotton workwear ...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Akta Adani
India Boulevard

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

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

Leave your Comments


August 2018

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

news category


Related Categories:

Advanced Search