• 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
    Biosphere Corporation: Expands into Baby Diaper Production in Ukraine

    Trends in Diapers: Sustainability, Natural Ingredients or Other Features?

    Baby Diapers: A Changing Market

    Ultrasonics for Nonwovens

    Hygiene Machinery Review
    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
    Armbrust American Adds Meltblown Manufacturing

    First Quality Launches Incognito by Prevail

    Essity Launches Reusable Underwear Product

    Techtextil, Texprocess Postponed to 2022

    Ontex Honored for Mask Production
    Nonwovens Insights
    Online Exclusives
    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

    Armbrust American Adds Meltblown Manufacturing

    First Quality Launches Incognito by Prevail

    Essity Launches Reusable Underwear Product

    Shemesh Adds U.S. Headquarters

    TZMO USA, Special Needs Group Form Partnership
    Air Through Bonding
    Airlaid
    Carded/Carding
    Chemical Bonded
    Composite
    Meltblown
    Needlepunch
    Nanotechnology
    Spunbond
    Spunlace
    Thermal Bonded
    Wetlaid

    Armbrust American Adds Meltblown Manufacturing

    Radici Adds Meltblown Line

    Biosphere Corporation: Expands into Baby Diaper Production in Ukraine

    Nonwovens Industry’s Top 10 Breaking News Stories of 2020

    Jacob Holm to Expand Spunlace Capacity in Candler
    China
    Eastern Europe/Russia
    India
    Middle East/North Africa
    North America
    Pacific Rim
    South/Central America
    Turkey
    Western Europe

    Shemesh Adds U.S. Headquarters

    Domtar Sells Personal Care Unit

    Jacob Holm to Expand Spunlace Capacity in Candler

    Nice-Pak to Construct New Facility in Mooresville, IN

    United Sewing Automation Produces U.S.-Sourced and Manufactured PPE Face Masks
    Associations
    Contracts / Awards
    Education
    Facilities / Capacity
    Green / Sustainability
    Legal / Regulatory
    Market Data
    Mergers and Acquisitions
    Product Improvement / Innovation
    R&D/Basic Research
    Shows / Events

    Armbrust American Adds Meltblown Manufacturing

    Techtextil, Texprocess Postponed to 2022

    Shemesh Adds U.S. Headquarters

    Domtar Sells Personal Care Unit

    Record Mask Production from BelEmsa
    Chart
    Companies
    All Companies
    Categories
    Company Profiles
    Add New Company
    International Buyers Guide Companies
    Investkonsult Sweden AB

    Fagus GreCon, Inc

    Top Polymer Enterprise, LLC

    Shemesh Automation

    Alliance Machine and Engraving
    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
    • Technology
      • Air Through Bonding
      • Airlaid
      • Carded/Carding
      • Chemical Bonded
      • Composite
      • Meltblown
      • Needlepunch
      • Nanotechnology
      • Spunbond
      • Spunlace
      • Thermal Bonded
      • Wetlaid
    • 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
    • Top 40 Companies
      • Chart
      • Companies
    • Online Exclusives
    • Hygiene Directory
      • Brands
      • Brand Owners
    • Slideshows
    • Experts Opinions
    • Videos
    • Podcasts
    • Infographics
    • Whitepapers
    • Jobs
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
      • Live From Asian Connections
    • 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 Reports Sales Decline

    Sales down 3.7% in Q4

    Related CONTENT
    • P&G Reports 8% Sales Increase
    • Glatfelter to Buy G-P's U.S. Operations
    • Hygiene Suppliers Go Natural
    • Edgewell’s Sales Fall
    • Glatfelter Reports Q3 Results
    01.31.17
    In the fourth quarter of 2016, Suominen’s net sales decreased by 3.7% from the comparison period to €100.4 million ($107.4 million). Tightened competition decreased the demand and had an impact on pricing in selected product groups. Net sales were affected by both lower sales prices and volumes compared to last year, approximately in equal proportions. The revenue recognition of a larger than usual number of customer deliveries was postponed into 2017. The strengthening of the USD compared to EUR, Suominen’s reporting currency, increased the net sales by €0.9 million ($962,766) in the fourth quarter.

    Suominen has two business areas, Convenience and Care. Net sales of the Convenience business area were €92.5 million ($99 million) and net sales of the Care business area were €7.8 million ($8.3 million) in the fourth quarter. Convenience business area supplies nonwovens as roll goods for household, personal care, workplace and baby care wiping products. Care business area manufactures nonwovens for hygiene products and medical applications. 


    In the 2016 financial year, Suominen’s net sales fell by 6.1% from the comparison period to €416.9 million ($446 million) due to principally the same factors affecting net sales in the fourth quarter. The strengthening of the USD compared to EUR, Suominen’s reporting currency, increased the net sales of 2016 by approximately €0.7 million ($748,818). 



    In 2016, net sales of the Convenience business area were €385.5 million ($412.4 million) and net sales of the Care business area were €31.3 million ($33.5 million). The main application areas for nonwoven materials supplied by Suominen were baby wipes (accounting for 38% of the sales), personal care wipes (25%), household wipes (18%), wipes for workplace use (10%), and hygiene and medical products (8%). The share of baby wipes in the product portfolio declined by two percentage points from 2015 and the share of personal care wipes grew by three percentage points. The development was in line with Suominen’s strategy, which aims at increasing the share of products with higher added value in the portfolio. 
    Related Searches
    • nonwovens
    • roll goods
    • Wipes
    • Personal Care Wipes
    Suggested For You
    P&G Reports 8% Sales Increase P&G Reports 8% Sales Increase
    Glatfelter to Buy G-P Glatfelter to Buy G-P's U.S. Operations
    Hygiene Suppliers Go Natural Hygiene Suppliers Go Natural
    Edgewell’s Sales Fall Edgewell’s Sales Fall
    Glatfelter Reports Q3 Results Glatfelter Reports Q3 Results
    Neenah Announces Q3 Financial Results Neenah Announces Q3 Financial Results
    Lydall Reports Healthy Demand for Specialty Filtration Products Lydall Reports Healthy Demand for Specialty Filtration Products
    Ahlstrom-Munksjö Releases Q3 Results Ahlstrom-Munksjö Releases Q3 Results
    Suominen Reports Strong Quarterly Results Suominen Reports Strong Quarterly Results
    Covid-19 Impacts Essity’s Sales Covid-19 Impacts Essity’s Sales
    Essity Divests Partly Owned Company in Tunisia Essity Divests Partly Owned Company in Tunisia
    P&G Posts Sales Growth P&G Posts Sales Growth
    Household Wipes: Consumers Choose Convenience Household Wipes: Consumers Choose Convenience
    Neenah Reports Even Sales Neenah Reports Even Sales
    Acquisitions Boost Lydall’s Q1 Results Acquisitions Boost Lydall’s Q1 Results

    Related Breaking News

    • Kimberly-Clark Releases Q4, Full Year Results

      Personal care sales increase 5% in the quarter
      01.25.21

    • Apparel | Western Europe

      Freudenberg to Establish Apparel Interlining Competence Centers

      Weiheim to concentrate on base material production; Sant´Omero to focus on finishing and coating
      01.22.21

    • Eastern Europe/Russia | Spunlace | Wipes

      Minet Adds Spunlace Line in Romania

      Andritz line will serve numerous wipes, hygiene markets
      01.22.21


    • Machinery and Equipment

      Lemu Group Engineers Mask-Making Machine

      Converting equipment can provide growth opportunities while assisting in the fight against COVID-19
      01.21.21

    • Facilities/Capacity | Medical | Meltblown
      Armbrust American Adds Meltblown Manufacturing

      Armbrust American Adds Meltblown Manufacturing

      Manufacturer began producing surgical and N95 masks in 2020
      01.21.21

    • P&G Reports 8% Sales Increase

      Baby, Feminine and Family Care segment organic sales up 6%
      01.21.21


    • Medical | Middle East/North Africa

      Wemy Donates PPE to Teaching Hospital

      Items to benefit healthcare workers
      01.21.21

    • Adult Incontinence | Feminine Hygiene
      First Quality Launches Incognito by Prevail

      First Quality Launches Incognito by Prevail

      Pads can provide protection from menstruation and bladder leakage
      01.20.21

    • Diaper, Baby | Feminine Hygiene
      Essity Launches Reusable Underwear Product

      Essity Launches Reusable Underwear Product

      Range includes absorbent products for bladder leakage, menstruation
      01.20.21


    • Medical

      Honeywell Delivered 225 Million Masks in December

      N95 respirators and surgical masks sent to U.S. health care systems as well as federal and state governments
      01.19.21

    • Shows/Events
      Techtextil, Texprocess Postponed to 2022

      Techtextil, Texprocess Postponed to 2022

      Events will take place in the second quarter of next year
      01.19.21

    • Chemicals/Adhesives

      Super Strong Inks Survive Tough Environments

      Water-based ink is specially formulated for nonwovens
      01.18.21


    • Ontex Honored for Mask Production

      Ontex Honored for Mask Production

      Company receives distringuished citizen award in Belgium
      01.18.21

    • Mergers and Acquisitions

      TFP Acquires PV3 Technologies

      Purchase expands TFP’s portfolio of products for hydrogen technologies
      01.18.21

    • Facilities/Capacity | Machinery and Equipment | North America
      Shemesh Adds U.S. Headquarters

      Shemesh Adds U.S. Headquarters

      Green Bay site will also house demo line
      01.14.21

    Trending
    • Techtextil, Texprocess Postponed To 2022
    • Essity Launches Reusable Underwear Product
    • Armbrust American Adds Meltblown Manufacturing
    • Domtar Sells Personal Care Unit
    • Minet Adds Spunlace Line In Romania
    Breaking News
    • Kimberly-Clark Releases Q4, Full Year Results
    • Freudenberg to Establish Apparel Interlining Competence Centers
    • Minet Adds Spunlace Line in Romania
    • Lemu Group Engineers Mask-Making Machine
    • Armbrust American Adds Meltblown Manufacturing
    View Breaking News >
    CURRENT ISSUE

    January 2021

    • Biosphere Corporation: Expands into Baby Diaper Production in Ukraine
    • Trends in Diapers: Sustainability, Natural Ingredients or Other Features?
    • Baby Diapers A Changing Market
    • Ultrasonics for Nonwovens
    • Hygiene Machinery Review
    • The Private Label Market
    • 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

    Oleic Acid Possibly Implicated in MS Pathology
    NIH Study Compares Low-Fat, Plant-Based to Low-Carb, Animal-Based Diet
    Gadot Positions Mineral Line for Vegan Market
    Coatings World

    Latest Breaking News From Coatings World

    APV Engineered Coatings Reflects on 2020
    LINE-X Launches Dealer Program with International Truck
    BCF CEO to Chair Royal Society of Chemistry Surface Coatings Interest Group
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Alleviant's Transcatheter Tech Obtains Breakthrough Status
    Signia Appoints New President
    At-Home COVID-19 Test Kits Boosts Disease Monitoring Capabilities
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Civica to Build an Essential Medicines Manufacturing Facility in Virginia
    Humanigen, Emergent Enter Covid-19 Partnership
    Samsung Bioepis Opens New Headquarters
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Fitglow Beauty Wins Big at Annual Dirty Thinker’s Choice Awards
    e.l.f. Cosmetics Unveils Mint Melt Collection
    Estée Lauder Companies Updates Supply Chain Leadership
    Happi

    Latest Breaking News From Happi

    found active Partners with Kate Upton
    New Research Supports the Efficacy of Sabinsa’s Curcumin C3 Reduct
    Curcumin's Role in Oral Care
    Ink World

    Latest Breaking News From Ink World

    Paragon Expands Direct Mail Capabilities with Ricoh Pro VC70000
    BOBST Demonstrates Future of Flexible Packaging Production at Virtual Open House
    Morancé Soudure France Adds Comexi F2 MC 10-color Flexo Press
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    VPF launches deep-freeze adhesive
    ProMach strengthens flexible packaging business
    Gallus planning virtual event for March
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Kimberly-Clark Releases Q4, Full Year Results
    Freudenberg to Establish Apparel Interlining Competence Centers
    Minet Adds Spunlace Line in Romania
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    First Patient Implanted With NEXXT MATRIXX SA Cervical Turn-Lock System
    Cretex Companies CEO Steps Down
    Conformis Enters Development & Supply Agreement with SITES Medical
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    First Solar Signs Definitive Agreement to Sell US Development Platform to Leeward
    Imec Technology Taking Off to Space
    Osram in Top 25 of World’s 100 Most Sustainable Companies

    Copyright © 2021 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