04.26.17
In January–March 2017, Suominen’s net sales increased by 9% from the comparison period to €112.9 million ($123 million). Net sales improved mainly thanks to increased sales volumes. Competition remained tight, especially in nonwovens for baby wipes and flushables. The strengthening of the USD compared to EUR increased the net sales by €2.7 million ($2.9 million).
Suominen has two business areas, Convenience and Care. Convenience business area supplies nonwovens as roll goods for wiping products. Care business area manufactures nonwovens for hygiene products and medical applications. Net sales of the Convenience business area were €101.9 million ($111 million) and net sales of the Care business area €11.1 million ($12 million).
The main application areas for nonwoven materials supplied by Suominen in January–March were baby wipes (accounting for 39% of the sales), household wipes (21%), personal care wipes (19%), hygiene and medical products (10%), and wipes for workplace use (9%). All nonwovens for wiping products belong to the Convenience business area and nonwovens for hygiene and medical products to the Care business area.
The proportions of household wipes, baby wipes as well as medical and hygiene products grew from the comparison period while the share of nonwovens for personal care declined. The growth in medical and hygiene products was partially related to the reclassification of a customer.
Suominen has two business areas, Convenience and Care. Convenience business area supplies nonwovens as roll goods for wiping products. Care business area manufactures nonwovens for hygiene products and medical applications. Net sales of the Convenience business area were €101.9 million ($111 million) and net sales of the Care business area €11.1 million ($12 million).
The main application areas for nonwoven materials supplied by Suominen in January–March were baby wipes (accounting for 39% of the sales), household wipes (21%), personal care wipes (19%), hygiene and medical products (10%), and wipes for workplace use (9%). All nonwovens for wiping products belong to the Convenience business area and nonwovens for hygiene and medical products to the Care business area.
The proportions of household wipes, baby wipes as well as medical and hygiene products grew from the comparison period while the share of nonwovens for personal care declined. The growth in medical and hygiene products was partially related to the reclassification of a customer.
