• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Applications
    • Technology
    • Market
    • Other
    • Top 40
    • Buyers Guide
    • Hygiene Directory
    • More
  • Magazine
  • News
  • Exclusives
  • Applications
  • Technology
  • Market
  • Other
  • Top 40
  • Buyers Guide
  • Hygiene Directory
  • Current / Back Issues
    Features
    Editorial
    Columns
    Digital Edition
    Southeast Asia Edition
    eNewsletter Archive
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    Top Features
    California’s Wet Wipes Proper Labeling Law for “Do Not Flush” Symbol is in Full Swing

    INDEX23 Exhibitor Previews

    Meltblown Nonwovens Report

    Hygiene Products Get New Life

    Adult Incontinence Directory
    Company Cameo
    Financial News
    Machinery Equipment
    New Products
    Nonwovens News
    Patent Review
    People in the News
    Supplier News
    Top News
    Live From Shows
    Top News
    Period Care Brand August Launches in Target Stores

    Weekly Recap: Heartland Polymers Begins Production, Zeta Polimeri Becomes Radici EcoMaterials & More

    Heartland Polymers Begins Production in Alberta

    Zeta Polimeri Becomes Radici EcoMaterials

    Responsible Flushing Alliance Holds Annual Meeting
    Nonwovens Insights
    Online Exclusives
    Adult Incontinence
    Absorbent Core
    Antimicrobials
    Apparel
    Automotive and Transportation
    Face Masks
    Chemicals / Adhesives
    Construction
    Contract Services
    Diaper, Baby
    Electronics
    Feminine Hygiene
    Fibers
    Filtration
    Flame Retardance
    Geotextile / Agrotextile
    Home Products
    Hygiene Film/Components
    Industrial / Institutional
    Inspection / Quality Control
    Machinery and Equipment
    Medical
    Wipes

    Period Care Brand August Launches in Target Stores

    Responsible Flushing Alliance Holds Annual Meeting

    California’s Wet Wipes Proper Labeling Law for “Do Not Flush” Symbol is in Full Swing

    Indorama Ventures, Polymateria Partner on Biotransformation Technology

    INDA Announces Program for World of Wipes International Conference
    Air Through Bonding
    Airlaid
    Carded/Carding
    Chemical Bonded
    Composite
    Meltblown
    Needlepunch
    Nanotechnology
    Spunbond
    Spunbond/Spunmelt
    Spunlace
    Thermal Bonded
    Wetlaid

    Suominen’s Hydraspun Circula on Shortlist for INDEX23 Awards

    Smithers Releases Meltblown Report

    Trützschler Boosts Production Footprint in China

    Welspun Inaugurates Spunlace Facility in India

    Meltblown Nonwovens Report
    China
    Eastern Europe/Russia
    India
    Middle East/North Africa
    North America
    Pacific Rim
    South/Central America
    Turkey
    Western Europe

    Trützschler Boosts Production Footprint in China

    Welspun Inaugurates Spunlace Facility in India

    Zeus Non-Woven

    Major Earthquake Impacts Turkish Nonwovens Manufacturing Center

    Oerlikon Textile Relocates, Expands in Charlotte
    Associations
    Contracts / Awards
    Education
    Facilities / Capacity
    Green / Sustainability
    Legal / Regulatory
    Market Data
    Flushability
    Mergers and Acquisitions
    Product Improvement / Innovation
    R&D/Basic Research
    Shows / Events

    Zeta Polimeri Becomes Radici EcoMaterials

    Indorama Ventures, Polymateria Partner on Biotransformation Technology

    INDA Announces Program for World of Wipes International Conference

    Suominen’s Hydraspun Circula on Shortlist for INDEX23 Awards

    PADM Medical Receives U.S. FDA 510(k) Clearance for Plant-Based Face Masks
    Chart
    Companies
    All Companies
    Categories
    Company Profiles
    Add New Company
    International Buyers Guide Companies
    Alliance Machine and Engraving

    Dukane

    Teijin Frontier Co., Ltd.

    Investkonsult Sweden AB

    WEIMA America, Inc.
    Brands
    Brand Owners
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • Southeast Asia Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Buyers Guide
      • All Companies
      • Categories
      • Company Profiles
      • Add Your Company
    • Applications
      • Absorbent Core
      • Adult Incontinence
      • Antimicrobials
      • Apparel
      • Automotive and Transportation
      • Chemicals / Adhesives
      • Construction
      • Contract Services
      • Diaper, Baby
      • Electronics
      • Feminine Hygiene
      • Fibers
      • Filtration
      • Flame Retardance
      • Geotextile / Agrotextile
      • Home Products
      • Hygiene Film/Components
      • Industrial / Institutional
      • Inspection / Quality Control
      • Machinery and Equipment
      • Medical
      • Wipes
      • Face Masks
    • Technology
      • Air Through Bonding
      • Airlaid
      • Carded/Carding
      • Chemical Bonded
      • Composite
      • Meltblown
      • Needlepunch
      • Nanotechnology
      • Spunbond
      • Spunlace
      • Thermal Bonded
      • Wetlaid
      • Spunbond/Spunmelt
    • Market
      • China
      • Eastern Europe/Russia
      • India
      • Middle East/North Africa
      • North America
      • Pacific Rim
      • South/Central America
      • Turkey
      • Western Europe
    • Other
      • Associations
      • Contracts / Awards
      • Education
      • Facilities / Capacity
      • Green / Sustainability
      • Legal / Regulatory
      • Market Data
      • Mergers and Acquisitions
      • Product Improvement / Innovation
      • R&D/Basic Research
      • Shows / Events
      • Flushability
    • Top 40 Companies
      • Chart
      • Companies
    • Online Exclusives
    • Slideshows
    • Hygiene Directory
      • Brands
      • Brand Owners
    • Experts Opinions
    • Videos
    • Podcasts
    • Infographics
    • Whitepapers
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
      • Live From Asian Connections
    • Jobs
    • Resources
      • Suppliers Gallery
      • Literature Showcase
      • Web Showcase
      • Home Page Showcase
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Suominen Decreases Estimate on 2017 Operating Profit

    Change attributed to a slower than planned start-up of new line at Bethune, SC, plant

    07.20.17
    Suominen has decreased its estimate on full-year operating profit due to a slower than planned start-up of the new production line at its Bethune plant. Guidance on net sales growth remains intact.

    In its previous interim report, on April 26 2017, Suominen expected that for the full year 2017, its net sales will improve from year 2016. Also the comparable operating profit was estimated to improve from year 2016, provided that the new production line at the Bethune plant will be started up as planned. Now Suominen revises its estimate regarding the operating profit development and expects that for the full year 2017, its net sales will improve from year 2016 but its comparable operating profit will fall short of the 2016 level. In 2016, Suominen’s net sales amounted to €416.9 million ($480.6 million) and comparable operating profit to €25.6 million ($29.5 million).

    Suominen’s new production line at the Bethune, SC, U.S. plant has been started up and the first invoiced products were delivered to customers during the second quarter. However, the start-up progress has been slower than anticipated, and Suominen estimates the new line will generate less sales in 2017 than it had previously forecasted. Lower-than-forecasted net sales combined with the line’s cost level that reflects normal operational status will have a negative impact on the company’s operating profit in 2017.

    Another factor decreasing Suominen’s operating profit in full year 2017 is the sales mix. In the first half of 2017, the share of products with high value add in Suominen’s net sales decreased from the comparison period. When the new line is fully in production mode it will contribute to a favorable change of the sales mix.

    Suominen’s sales have consistently been on a higher level during 2017 as compared to 2016. This trend will continue the rest of the year, with the addition of some of the new capacity. Moreover, the business environment of the second half of 2017 seems more encouraging than that of the first half of the year. Hence, Suominen’s estimate on net sales growth in 2017 remains unchanged. The company expects its net sales to improve from 2016 level.
    Related Searches
    • capacity
    • suominen
    • report
    • period
    Related Knowledge Center
    • Facilities/Capacity
    Suggested For You
    Suominen Reports Second Quarter Financial Results Suominen Reports Second Quarter Financial Results
    Sales Increase at Glatfelter Sales Increase at Glatfelter
    Lydall Reports Strong Q2 Results Lydall Reports Strong Q2 Results
    Kimberly-Clark Announces Q2 Results Kimberly-Clark Announces Q2 Results
    Essity Reports Strong Second Quarter Results Essity Reports Strong Second Quarter Results
    Essity Finalizes Acquisition of Australian Hygiene Company Asaleo Care Essity Finalizes Acquisition of Australian Hygiene Company Asaleo Care
    Glatfelter, Enhancing Everyday Life™...Sustainably. Glatfelter, Enhancing Everyday Life™...Sustainably.
    Neenah Achieves Record Performance in Filtration Neenah Achieves Record Performance in Filtration
    Glatfelter Announces First Quarter Results Glatfelter Announces First Quarter Results
    Berry Global Reports Strong Financial Results Berry Global Reports Strong Financial Results
    Suominen’s Sales Increase 5% Suominen’s Sales Increase 5%
    Lydall Reports Strong Quarterly Results Lydall Reports Strong Quarterly Results
    Essity to Increase Ownership in Productos Familia Essity to Increase Ownership in Productos Familia
    Essity Reports Lower Sales Essity Reports Lower Sales
    K-C’s Q1 Sales Decline 5% K-C’s Q1 Sales Decline 5%

    Related Breaking News

    • Suominen Reports Second Quarter Financial Results

      Net sales decreased by 7%
      08.13.21

    • Sales Increase at Glatfelter

      Airlaid benefits from volume growth, G-P acquisition
      08.05.21

    • Lydall Reports Strong Q2 Results

      Net sales up 51.7% from the second quarter of 2020
      07.29.21


    • Kimberly-Clark Announces Q2 Results

      Personal Care sales grow 13%
      07.23.21

    • Essity Reports Strong Second Quarter Results

      Organic nets sales up 9.5%
      07.19.21

    Loading, Please Wait..
    Trending
    • Weekly Recap: Heartland Polymers Begins Production, Zeta Polimeri Becomes Radici EcoMaterials & More
    • Zeta Polimeri Becomes Radici EcoMaterials
    • California’s Wet Wipes Proper Labeling Law For “Do Not Flush” Symbol Is In Full Swing
    • Exports Dominate Chinese Trade Of Tissues, Hygiene Products And Wipes
    • Heartland Polymers Begins Production In Alberta
    Breaking News
    • Period Care Brand August Launches in Target Stores
    • Weekly Recap: Heartland Polymers Begins Production, Zeta Polimeri Becomes Radici EcoMaterials & More
    • Heartland Polymers Begins Production in Alberta
    • Zeta Polimeri Becomes Radici EcoMaterials
    • Responsible Flushing Alliance Holds Annual Meeting
    View Breaking News >
    CURRENT ISSUE

    March 2023

    • INDEX23 Exhibitor Previews
    • Meltblown Nonwovens Report
    • Hygiene Products Get New Life
    • Adult Incontinence Machinery Directory
    • Adult Incontinence Directory
    • Growth Continues for Adult Incontinence Products Market
    • Techtextil North America & Texprocess America 2023
    • View More >



    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    GOED and NASC Announce Strategic Partnership
    NPA: ‘Major Victory’ in Colorado After Amendment to Eating Disorder Bill
    GOOD Meat Receives FDA Go-Ahead for Cultured Meat
    Coatings World

    Latest Breaking News From Coatings World

    HOFFMANN MINERAL to Focus on Comprehensive Sustainability Strategy
    HMG and Prodrive Renew Technical Partnership
    Eastern Coatings Show Sets Schedule for Technical Papers
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Getinge’s Cardiosave Faces CE-Certificate Suspension from TÜV SÜD
    Caduceus Capital Partners, Wavemaker 360 Health Invest in UptimeHealth
    AI, Machine Learning to Drive Medtech Innovation This Year
    Contract Pharma

    Latest Breaking News From Contract Pharma

    PharmaBlock Opens New R&D Facility in Pennsylvania
    Macfarlan Smith Annan Facility Marked for Closure  
    Catalent Licenses Formulation Technology to Deliver High-Concentration Biologics
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    e.l.f. beauty and American Eagle Team Up for Denim-Inspired Makeup & Skincare Collection
    Supermodel Emily DiDonato Launches Skincare Line
    UK Retailer Boots Could be Sold or Floated in 2023
    Happi

    Latest Breaking News From Happi

    Michael Malul London Partners with ESW to Launch DTC Ecommerce Experience for International Consumers
    Nine West Introduces New Fragrance for Women
    FDA Sends Warning Letters To Sunscreen Contract Manufacturers
    Ink World

    Latest Breaking News From Ink World

    Weekly Recap: Packaging Inks, Toyo Ink Top This Week’s Stories
    Eastern Coatings Show Announces Schedule for Technical Papers
    Pulse Roll Label Products Adds Sean Labas to Technical Sales Team
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    eProductivity Software acquires Tharstern Group
    Imageworx details new facility, Avery Dennison tackles recycling and more
    TLMI announces 2022 Eugene Singer Award winners
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Period Care Brand August Launches in Target Stores
    Weekly Recap: Heartland Polymers Begins Production, Zeta Polimeri Becomes Radici EcoMaterials & More
    Heartland Polymers Begins Production in Alberta
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Arjun Ishwar Joins Miach Orthopaedics as Sales and Marketing VP
    ODT's Most-Read Stories This Week—March 25
    AI is Effective at Documenting Orthopedic Encounters in Hand Surgery
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Weekly Recap: Dave Rahami, Zebra, Dracula Technologies Top This Week’s Stories
    Midsummer, UCLA Collaborate on Perovskite-CIGS Tandem Solar Cells
    HID Reports on Reshaping the Security Industry

    Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login