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Ahlstrom Records 2Q Earnings



Published September 1, 2009
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The weakening of sales of most of Ahlstrom’s products stabilized during the second quarter and sales of certain products revived.

Ahlstrom Corporation generated second quarter 2009 net sales of €398.9 million, a 14.4% decline compared to €465.9 million for the same period last year but up 6.1% from the first quarter 2009.

Net sales of the FiberComposites segment totaled €212.4 million, representing 53% of the Group net sales. The segment’s net sales saw a 17.4% drop from €257.0 million in the year-ago quarter. New sales declined 4% in the Advanced Nonwovens business area from €46.2 million to €443 million.

In the Filtration segment, net sales hit €69.5 million, a 16.1% decrease from €82.9 million in the year-ago quarter. Meanwhile, in the Glass and Industrial Nonwovens segment, net sales dove 32.9%, from €63.7 million in the second quarter of 2008 to €42.7 million in the second quarter of 2009. The Home and Personal Nonwovens segment recorded sales of €58.0 million, compared to €67.0 million in the second quarter last year.