Financial, Nonwovens News

Suominen’s Sales Fall

Net sales decrease 3% to €113.6 million

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By: Tara Olivo

Associate Editor at Nonwovens Industry

In January–March 2024, Suominen’s net sales decreased by 3% from the comparison period to €113.6 million ($122.3 million). Sales volumes increased from the comparison period and sales prices decreased following lower raw material prices. Currencies impacted net sales negatively by €0.6 million ($0.6 million).

Suominen has two business areas, Americas and EMEA. Net sales of the Americas business area were €70 million ($75 million) and net sales of the EMEA business area were €43.5 million ($46.8 million).

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