Ahlstrom Oyj: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Ahlstrom Oyj Lowers FY 2012 Guidance
Ahlstrom Oyj announced that it has decided to adjust its outlook to reflect the resolution by the Extraordinary General Meeting (EGM) to approve the demerger of the Label and Processing business area. Ahlstrom now expects net sales (revenue) from continuing operations to be between EUR 960 million and EUR 1,040 million, and operating profit excluding non-recurring items from continuing operations to be between EUR 22 million and EUR 32 million in the fiscal year 2012. Ahlstrom had previously estimated, including the Label and Processing business area, net sales to be between EUR 1,550 million and EUR 1,630 million, and operating profit excluding non-recurring items to be between EUR 48 million and EUR 58 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report revenue of EUR 1,595.94 million and EBIT of EUR 47.76 million for the fiscal year 2012.
Latest Developments for Ahlstrom Oyj
- Ahlstrom divides Food and Medical Business Area into two
- Munksjo Oyj and Ahlstrom completes combination of Ahlstrom's Label and Processing business in Brazil with Munksjo
- Munksjo Oyj and Ahlstrom Oyj to complete combination of Ahlstrom’s Label and Processing business in Brazil with Munksjo
- Ahlstrom Oyj Maintains FY 2013 Financial Guidance
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