For the full year, sales were €1.6 billion down from €1.63 billion the year before. Operating profit was €49 million compared to €66 million in 2010.
At the end of 2011, Ahlstrom introduced a new vision to crystallize the kind of company it hopes to become in the next five to 10 years and has set ambitious goals that provide us with a roadmap to the future. “In line with our new vision, we took firm steps in executing our strategy,” says Jan Lang, president and CEO. “There were a number of milestones: the acquisition of Porous Power Technologies, the divestment of Home and Personal business and the strategic decision to exit in-house glassfiber manufacturing. We will continue to seek new business opportunities by leveraging our unique products, technologies and know-how.”