Ahlstrom's CEO Jan Lång at AGM: Outlook unchanged
Ahlstrom Corporation STOCK EXCHANGE RELEASE 31.3.2010 at 13.30
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.
Jan Lång, President & CEO
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.
NASDAQ OMX Helsinki
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.