Displaying items by tag: ahlstrom

Ahlstrom Corporation, a leading manufacturer of nonwovens and specialty papers, anticipated in its financial statements bulletin on February 3, 2010, that the Group net sales will increase compared to 2009, but remain lower than in 2008. EBIT excluding non-recurring items was estimated to increase from 2009.

The recovery of demand that started toward the end of 2009, continued in January-March 2010. Since sales prices in most business areas are being increased to cover the rising raw material costs and sales volumes seem to develop slightly more favorably than anticipated, the net sales estimate has been revised.

Demand and net sales in 2010 are expected to increase to approximately the same levels they were in 2008. The company will continue to increase sales prices to cover for the risen raw material costs. It will also be ready to increase sales prices further to cover for possible future raw material price increases.

The EBIT estimate given in the financial statements bulleting remains unchanged. EBIT excluding non-recurring items is expected to increase from 2009.

The company's first quarter financial results will be published on Thursday, April 29, 2010.

Ahlstrom Corporation
Jan Lång, President & CEO

Further information

Jan Lång, President & CEO, tel. +358 10 888 4700
Seppo Parvi, CFO, tel. +358 10 888 4768

The outlook published in the Ahlstrom Corporation's financial statements bulletin on February 3, 2010, remains unchanged, said President & CEO Jan Lång in his review at the company's Annual General Meeting in Helsinki today.

Ahlstrom expects the Group net sales to increase compared to 2009, but remain lower than in 2008. EBIT excluding non-recurring items is estimated to increase from 2009.

Pulp prices have risen since last summer, and Ahlstrom actively strives for sales price increases. The demand for Ahlstrom's products in the first months of 2010 has developed as anticipated.

Ahlstrom Corporation
Jan Lång, President & CEO

Further information

Jan Lång, President & CEO, tel. +358 10 888 4700
Seppo Parvi, CFO, tel. +358 10 888 4768

All AGM material including the CEO's presentation is available at www.ahlstrom.com > Investors.

Distribution:

NASDAQ OMX Helsinki
Main media
www.ahlstrom.com

Ahlstrom in brief

Ahlstrom is a global leader in the development, manufacture and marketing of high performance nonwovens and specialty papers. Ahlstrom´s products are used in a large variety of everyday applications, such as filters, wipes, flooring, labels, and tapes. Based upon its unique fiber expertise and innovative approach, the company has a strong market position in several business areas in which it operates. Ahlstrom's 5,800 employees serve customers via sales offices and production facilities in more than 20 countries on six continents. In 2009, Ahlstrom's net sales amounted to EUR 1.6 billion. Ahlstrom's share is quoted on the NASDAQ OMX Helsinki. The company website is at www.ahlstrom.com.

Ahlstrom Corporation announces that it has completed the repurchase program of its own shares announced on February 3, 2010.

The company has acquired a total of 75,000 shares at an average price of EUR 11.68 through public trading on the NASDAQ OMX Helsinki exchange.

The shares were acquired under the authorization granted by the Annual General Meeting 2009 for the implementation of the Company's share-based incentive plan.

Ahlstrom's Board of Directors has an authorization to acquire 4,500,000 of the company's own shares, which is valid until the end of the 2010 Annual General Meeting.

Further information:
CFO Seppo Parvi
Tel. +358 10 888 4768

Distribution:
NASDAQ OMX Helsinki
Main media
www.ahlstrom.com

Ahlstrom in brief
Ahlstrom is a global leader in the development, manufacture and marketing of high performance nonwovens and specialty papers. Ahlstrom´s products are used in a large variety of everyday applications, such as filters, wipes, flooring, labels, and tapes. Based upon its unique fiber expertise and innovative approach.

The company has a strong market position in several business areas in which it operates. Ahlstrom's 5,800 employees serve customers via sales offices and production facilities in more than 20 countries on six continents. In 2009, Ahlstrom's net sales amounted to EUR 1.6 billion. Ahlstrom's share is quoted on the NASDAQ OMX Helsinki. The company website is at www.ahlstrom.com.