Ahlstrom revises its outlook for 2012 net sales and operating profit
Ahlstrom’s sales volume development during the remainder of the year is expected to be weaker than the company had earlier estimated due to lower than expected demand in key markets the company said. Demand has been reduced due to the continued slowdown especially in the economies in Europe. In addition, recovery in China has been delayed. Ahlstrom anticipates that its net sales and operating profit excluding non-recurring items for 2012 will be lower than the company had previously estimated. The company now expects its net sales from continuing operations to be between €1.550-1.630 billion and operating profit excluding non-recurring items from continuing operations to be €48-58 million. Ahlstrom had previously forecast its 2012 net sales to be €1,575-1,735 million and operating profit excluding non-recurring items to be €60-80 million for 2012.