In the first quarter, net sales of the Wiping segment were $41 million, an increase of 14% from the same period a year ago. The business area’s operating profit was -$444,081.
Net sales of Codi Wipes were $20.7 million, on a par with the previous year. The sales of personal care wipes increased, while baby wipe sales slightly decreased. A more marked decrease was observed for moist toilet wipe sales. Average sales prices remained at the first quarter level of 2010.
Measures agreed in the co-determination procedure completed in January decreased the unit’s operating expenses.
Net sales of nonwovens increased by a quarter to $22 million.Most of the sales were hydroentangled wiping material deliveries to European converters. Deliveries to the U.S. market, started during the autumn of 2010, were continued, albeit at a lower volume. Increased raw material prices burdened the unit’s profit.