According to preliminary information from Ahlstrom, the company“s net sales in 2006 are anticipated to be EUR 1.60 billion. Operating profit is expected to be approximately EUR 96 million and profit …
According to preliminary information from Ahlstrom, the company“s net sales in 2006 are anticipated to be EUR 1.60 billion. Operating profit is expected to be approximately EUR 96 million and profit before taxes EUR 81 million. Earnings per share are estimated to be approximately EUR 1.30. Operating profit, excluding net non-recurring items, is expected to be approximately EUR 88 million and profit before taxes, excluding net non-recurring items, approximately EUR 73 million. Ahlstrom has booked net non-recurring costs of approximately EUR 2 million in the 4Q 2006 related to asset impairment in the Label & Packaging Papers business area and restructuring costs in the Filtration business area. The overall demand in 2006 was in line with expectations, whereas high raw material and energy costs put pressure on Ahlstrom“s margins, especially in the Specialty Papers segment. Ahlstrom Corporation will publish its Financial Statements Bulletin on 2 February 2007, as previously announced.