Suominen estimates that its net sales and operating profit excluding non-recurring items for the full year 2014 improve from year 2013.

 

In its previous estimate, disclosed on 30 January 2014 as part of its Financial Statement Release, Suominen anticipated that with its current group structure, its group net sales for the full year 2014 would remain at the level of 2013. Operating profit excluding non-recurring items was expected to improve from year 2013.

 

In 2013, Suominen’s net sales were EUR 433.1 million and operating profit excluding non-recurring items was EUR 18.3 million (continuing operations).

 

Suominen in brief

Suominen supplies its industrial and retail customers with nonwovens and flexible packaging for use in consumer products worldwide. Suominen is the global market leader in nonwovens for wipes. The company employs more than 1,000 people in Europe and in the United States. Suominen’s net sales in 2013 amounted to MEUR 433.1 and operating profit excluding non-recurring items was MEUR 18.3(continuing operations).