Ahlstrom-Munksjö Financial Statements Release 2020: Strong Result Improvement and Cash Flow

Q4/2020 compared with Q4/2019
*Net sales decreased by 1.7% to EUR 689.2 million (701.3). At constant currency rates, net sales increased by 3.5% on higher volumes
*Comparable EBITDA improved to EUR 89.6 million (70.5), representing 13.0% (10.1) of net sales, supported by lower variable costs and higher volumes
*Operating result improved to EUR 43.7 million (16.0), supported by higher comparable EBITDA and lower items affecting comparability (IAC)
*Net result EUR 23.3 million (1.9)

Q1–Q4/2020 compared with Q1–Q4/2019:
*Net sales decreased by 8.0% to EUR 2,683.3 million (2,915.3). At constant currency rates, net sales decreased by 5.3% due to lower selling prices and a less favorable product mix.
*Comparable EBITDA increased to EUR 334.2 million (312.9), representing 12.5% (10.7) of net sales, supported by lower costs
*Operating result improved to EUR 176.2 million (103.2), supported by a capital gain of EUR 32.0 million from the sale of the fine art paper business and lower items affecting comparability (IAC)
*Net result EUR 94.5 million (32.8)
details at: https://www.ahlstrom-munksjo.com/Media/releases/stock-exchange-releases2/2021/ahlstrom-munksjo-financial-statements-release-2020-strong-result-improvement-and-cash-flow/

Related Posts

Neenah Reports First Quarter 2018 Results

Consolidated net sales increased 10 percent to a record $266.5 million in the first quarter of 2018 compared with $242.1 million in the first quarter of 2017. Revenue gains resulted from higher volumes, both organic and with the November 2017 Coldenhove acquisition, a higher-priced sales mix, increased selling prices and favorable currency effects. Operating income of $24.1 million in 2018 decreased 11 percent from $27.0 million in 2017. Income benefited from volume growth, a higher value mix, increased selling prices and currency, but was more than offset by higher input and distribution costs. Click Read More below for additional information.

New Astrolite PC 100® Swatchbooks Now Available

Monadnock Paper Mills, Inc. is pleased to announce additional product offerings for Astrolite PC 100, the luxurious and sustainable fine papers crafted with 100% post-consumer waste (PCW) recycled fiber. Created with a high-fidelity six-color printing process (CMYKOG), the new Astrolite PC 100 swatchbook results in a stunning visual that demonstrates the possibilities when printing on highly crafted recycled papers. These grades are perfect for annual reports, CSR reports, fashion lookbooks, catalogs, product brochures, newsletters, presentation kits, portfolios, pocket folders, corporate stationery, and premium packaging. In addition to the featured print demonstrations, the new Astrolite PC 100 swatchbook features the recently expanded full slate of its three separate product lines: Astrolite PC 100 Velvet, Astrolite PC 100 Smooth, and Astrolite PC 100 Digital+, including a wider range of sheet sizes certified for HP Indigo.

Walmart names Huhtamaki Supplier of the Year

A few quick conversations with employees will confirm for anyone how these awards were earned at Huhtamaki. For all those who work to supply Walmart with the items they need for stores across the country, they all say the same thing — “It’s not just me.” Everyone including the employees who make the product, sales management and commercialization, product managers, finance professionals, operations managers, and the logistics team are excited to make sure that high quality product reaches its destination on time. Click Read More below for additional information.
Back To Top
×Close search
Search