02.06.24
In 2023, Suominen’s net sales decreased by 9% from the comparison period to €450.9 million ($485 million). The decrease in sales was driven by lower sales prices resulting from lower raw material prices. Sales volumes decreased slightly from 2022 mainly related to the plant closure in Mozzate. Currencies impacted net sales negatively by €6.8 million ($7.3 million).
Net sales of Americas business area were €288 million ($309.8 million) and net sales of Europe business area €162.8 million ($175.1 million).
In the fourth quarter of 2023, Suominen’s net sales decreased by 14% from the comparison period to €114.9 million ($123.6 million). Sales volumes increased slightly from the comparison period while sales prices decreased clearly driven by the lower raw material prices. Currencies impacted net sales negatively by €3.5 million ($3.8 million).
Net sales of the Americas business area amounted to €72.3 million ($77.8 million) and net sales of the Europe business area €42.6 million ($45.8 million).
Net sales of Americas business area were €288 million ($309.8 million) and net sales of Europe business area €162.8 million ($175.1 million).
In the fourth quarter of 2023, Suominen’s net sales decreased by 14% from the comparison period to €114.9 million ($123.6 million). Sales volumes increased slightly from the comparison period while sales prices decreased clearly driven by the lower raw material prices. Currencies impacted net sales negatively by €3.5 million ($3.8 million).
Net sales of the Americas business area amounted to €72.3 million ($77.8 million) and net sales of the Europe business area €42.6 million ($45.8 million).