Printer Friendly

Suominen announces results. (Earnings).

Suominen, Helsinki. Finland, reported year-to-date net sales of $86 million ([pounds sterling]85.3 million), down from $88.5 million ([pounds sterling]88. 1 million) last year. Net income for the half year period reached $8.6 million ([pounds sterling]8.8 million), up from $5.8 million last year. The company's nonwovens segment sales achieved a net Income of $6 million ([pounds sterling]6. 1 million) on sales of $42 million ([pounds sterling]42.6 million) for the period. The nonwovens segment was boosted by Improved cost effectiveness and lower raw material prices during the first quarter. Sales of hydroentangled wiping products Increased substantially. While hygiene product materials decreased by a comparable volume.
COPYRIGHT 2002 Rodman Publications, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Nonwovens Industry
Article Type:Brief Article
Geographic Code:4EUFI
Date:Sep 1, 2002
Words:114
Previous Article:G-P posts slight decrease. (Earnings).
Next Article:Rayonier sales decrease. (Earnings).
Topics:


Related Articles
J.W. Suominen Oy.
Suominen Nonwovens. (2002 Expo in Print).
Earnings: sales and income figures from leading industry players.
Suominen posts 2002 sales. (Earnings).
Suominen announces results. (Earnings).
Suominen sees sales decline.
Suominen Nonwovens.
Wipe it with Termolace!
Suominen hit by viscose hikes.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters