Due to a communications failure, Nonwovens Industry erroneously reported that Fiberweb was announcing an underperforming year in 2007. This is not the case. In fact, Fiberweb plc has announced today that it expects full-year performance for 2007 to be fully in line with expectations.
Additionally, Fiberweb said this week that restructuring and investment initiatives undertaken this year, as well as growth in important new products, would deliver progress moving forward into 2008.
We regret the error.