Net sales for the full year grew by 10.1% and amounted to €1.76 million, up from €1.59 million in 2006. As a result of the restructuring measures taken during the fourth quarter, operating profit amounted to €25.8 million, a drop from €96.1 million during the year-earlier period. As part of the restructuring, Ahlstrom decided to close four plants, which incurred an operating loss of €4.3 million in addition to the restructuring costs.
In the FiberComposites segment, which comprises three business areas, Nonwovens, Filtration and Glass Nonwovens, fourth quarter net sales grew significantly by 27.8% and amounted to €249.7 million, representing 54% of the group's net sales. The growth was mainly a result of recent acquisitions, growth investments and continued good demand. Sales volumes increased by 39.8%.