checkAd

     7011  0 Kommentare Profitability shows signs of improvement - Seite 4

    The global economy is expected to gain momentum this year, with regional variations. While the European economy has shown some signs of recovery, it may be uneven and fragile. Recent indicators for the development of the U.S. economy are more positive. In Asia, the Chinese economy in particular, may grow at a slower pace than previously anticipated.

    Slower-than-anticipated economic growth poses risks to Ahlstrom's financial performance. It may lead to lower sales volumes and force Ahlstrom to initiate more market-related shutdowns at plants, which could affect profitability. The uncertainty related to global economic growth, increased volatility in our main markets and limited visibility are making it more difficult to forecast future developments.

    In recent years, Ahlstrom has initiated investment projects, such as the wallcoverings production line in Binzhou, China, that are in a start-up phase. The company's financial performance may be negatively affected by the commercialization of new production lines.

    Ahlstrom's main raw materials are natural fibers, mainly pulp, synthetic fibers, and chemicals. The prices of some of the key raw materials used by Ahlstrom remain at a high level and are volatile.

    If global economic growth slows down, maintaining current sales prices may be at risk and sustaining the current level of profitability may be compromised, even if raw material prices fall at the same time.

    The general risks facing Ahlstrom's business operations are described in greater detail on the company website at www.ahlstrom.com and in the report by the Board of Directors in the company's Annual Report 2013. The risk management process is also described in the Corporate Governance Statement, also available on the company's website.

    This report contains certain forward-looking statements that reflect the present views of the company's management. The statements contain uncertainties and risks and are thus subject to changes in the general economic situation and in the company's business.

    Disclosure procedure

    Ahlstrom publishes its January-March 2014 interim report enclosed to this stock exchange release. The report is attached to this release in pdf format and is also available on the company's web site at www.ahlstrom.com.

    Additional information

    Jan Lång, President & CEO, tel. +358 (0)10 888 4700

    Sakari Ahdekivi, CFO, tel. +358 (0)10 888 4768

    Ahlstrom's President & CEO Jan Lång and CFO Sakari Ahdekivi will present the January-March 2014 interim report at a Finnish-language press and analyst conference in Helsinki today,  April 29, 2014, at 10:00 a.m. (CET+1). The conference will take place at Ahlstrom's head office at Alvar Aallon katu 3 C (second floor, meeting room Antti). 

    Seite 4 von 5



    GlobeNewswire
    0 Follower
    Autor folgen

    Verfasst von GlobeNewswire
    Profitability shows signs of improvement - Seite 4 Ahlstrom Corporation STOCK EXCHANGE RELEASE April 29, 2014 at 09:00 a.m. This is a summary of the January-March 2014 interim report. The complete report with tables is attached to this release and available at www.ahlstrom.com Ahlstrom interim …