Detail akcie Suominen online

Business Summary: Suominen Oyj is a Finland-based company engaged in the production of hygiene paper products. It manufactures and supplies nonwoven roll goods for wipes, as well as for medical and hygiene products. After the divestiture in July 2014, the Company operates one business area, Nonwovens, which comprises development and manufacture of nonwovens for various wiping products, such as baby, toddler and personal hygiene products, as well as goods for household and professional use. Additionally, it supplies nonwovens for hygiene and medical applications, such as wound care products. Its customers include international brand owners and private label manufacturers. The Company operates production plants in Finland, Italy, Spain, Brazil and the United States. In July 2014, it completed divestment of its flexible packaging business.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Suominen Oyj revenues decreased 3% to EUR113.6M. Net loss decreased 75% to EUR1M. Revenues reflect Americas segment decrease of 7% to EUR70M, Rest of the world segment decrease of 100% to EUR97K, North and South America segment decrease of 4% to EUR72.6M. Lower net loss reflects Net financial expenses decrease of 49% to EUR790K (expense).