08.06.15
In the second quarter of 2015, Ahlstrom reported nets sales of €281.1 million ($305.7 million), an increase of 11.1% compared to the second quarter of 2014. Operating profit climbed to €15.7 million ($17 million) from €9.6 million ($10.4 million) in last year’s Q2. Operating profit excluding non-recurring items rose to €16.8 million ($18.3 million) compared to €13.4 million ($14.6 million) in the same period last year. Operating profit margin excluding non-recurring items was 6%, the seventh consecutive quarter of year-on-year improvement.
"We had a record quarter and achieved the highest operating profit margin in the current structure of the company,” says Marco Levi, president & CEO. “This was primarily driven by our efforts to improve commercial operations through enhanced pricing and product mix management. The quarter was also characterized by lower demand in some of our main markets and continued increase in net sales driven by currencies.
“The Filtration business area improved profits despite the slowdown in its markets, and the Food business continued on its path of steady improvement. The Building and Energy business area also reported a welcome increase in sales, while profitability still suffered from low demand for wallcovering products as well as adverse currency effects.”
"We had a record quarter and achieved the highest operating profit margin in the current structure of the company,” says Marco Levi, president & CEO. “This was primarily driven by our efforts to improve commercial operations through enhanced pricing and product mix management. The quarter was also characterized by lower demand in some of our main markets and continued increase in net sales driven by currencies.
“The Filtration business area improved profits despite the slowdown in its markets, and the Food business continued on its path of steady improvement. The Building and Energy business area also reported a welcome increase in sales, while profitability still suffered from low demand for wallcovering products as well as adverse currency effects.”
