Ahlstrom's net sales 2009 amounted to Euro 1,596.1 million
Feb 04, 2010. Ahlstrom's net sales 2009 amounted to Euro 1,596.1 million (1,802.4) and the company reports an operating result of Euro -14.6 million (14.6).
Feb 04, 2010. /Lesprom Network/. Ahlstrom's net sales 2009 amounted to Euro 1,596.1 million (1,802.4) and the company reports an operating result of Euro -14.6 million (14.6). Result before taxes was Euro -40.1 million (-20.6), and earnings per share were Euro -0.72 (-0.38). Net cash from operating activities increased to Euro 209.6 million (102.4), as Nordic Paper Journal reported.
"The personnel excellently implemented the streamlining efforts to improve profitability and cash flow. The 55 million Euros annual savings will be reached in 2010 as planned," says Jan Lång, CEO of Ahlstrom.
According to Jan Lång, Ahlstrom's net sales for 2010 are expected to increase compared to 2009 but remain lower than the level for 2008. Operating result, excluding non-recurring items, is expected to increase compared to 2009.
Ahlstrom is a global leader in the development, manufacture and marketing of high performance nonwovens and specialty papers.