Breaking News

Fiberweb Posts Results

October 25, 2010

July-to-October period volumes are up over same period 2009.

Fiberweb announced that for the July-to-October period, overall volumes have been marginally ahead of the comparable period in the previous year, giving year-to-date volumes around 5% ahead on a like-for-like basis. The strongest trading performance continues to be seen in Fiberweb’s Industrial businesses, albeit U.S. construction markets remain weak. Hygiene volumes have been slightly ahead of last year on a like-for-like basis in the company’s wholly-owned businesses globally. The Americas spunbond joint venture established last year, FitesaFiberweb, has enjoyed another strong period.


Raw material costs largely stabilized in the period, following the significant increases seen in the first-half.
Contractual pass-through of earlier raw material increases, further successful hedging activity and firm pricing actions together with continued improvement in product mix ensured strong progress in underlying operating margins. (underlying profit measures are before restructuring cots and other non-recurring items.)

As expected, net debt increased slightly during the period, with a major part of the increase attributable to the cost of the termination in July of interest rate swaps relating to a previous loan facility.


Daniel Dayan, chief executive said,“We are pleased with the performance during this period and the Board expects to report good progress for the year as a whole.”

Related Application:

Related Technology:

  • Nonwovens in Construction

    Nonwovens in Construction

    Karen McIntyre, Editor||March 9, 2017
    As the housing market continues to recover, new products to keep buildings warm, dry and air-tight continue to enter the fold

  • Thailand Looks to the Future

    Thailand Looks to the Future

    Karen McIntyre, Editor||March 9, 2017
    One of Southeast Asia’s greatest success stories says it’s not done advancing.

  • Southeast Asia Nonwoven Capacity and Demand Development

    Southeast Asia Nonwoven Capacity and Demand Development

    David J. Price||March 9, 2017
    Growth will slow during the next five years amidst higher market penetration and weaker economic conditions.