Suominen Corporation reported record results for Q2 2015. Net sales increased 19% to 112.9 million euros due to strengthened demand in Europe and a stronger US dollar. Operating profit excluding non-recurring items reached a record high of 9.9 million euros, up 8.8% compared to Q2 2014, driven by sales growth and an improved gross profit. The company reiterated its outlook for full-year 2015 of increased net sales and operating profit from 2014 levels.
SCA reported strong results for Q2 2016. Organic operating profit growth was strong due to good organic sales growth in hygiene products and emerging markets. Cash flow was also strong. Efficiency gains contributed positively despite provisions for anti-trust and tax cases. The divestment of businesses in Asia closed on April 1 for integration with Vinda. Seven new product innovations were introduced, including for TENA, Okay, Lotus, Zewa, and Tork.
- Stora Enso reported solid financial results for Q3 2014, with quarterly sales of EUR 2.5 billion, up 3% excluding structurally declining paper. Operational EBIT increased 14% to EUR 210 million.
- Renewable Packaging continued its strong performance, with operational EBIT up 30% due to higher volumes and prices. Biomaterials improved performance despite ramp-up challenges at Montes del Plata.
- Building and Living performance was similar to last year's good Q3, while Printing and Reading showed stable performance with improved cash flow.
- The company continues its transformation journey, with growth businesses now making up 70% of sales and 62% of operational EBIT.
Net sales rose 15% (6% excluding exchange rate effects) to SEK 27,958m (24,234). Organic sales growth, which excludes exchange rate effects, acquisitions and divestments, was 6%. Operating profit, excluding items affecting comparability, rose 9% to SEK 2,872m (2,630).
The operating margin, excluding items affecting comparability, was 10.3% (10.9). Profit before tax, excluding items affecting comparability, rose 11% to SEK 2,602m (2,342). Items affecting comparability totaled SEK -122m (-247). Earnings per share were SEK 2.43 (2.12). Return on capital employed, excluding items affecting comparability, was 11.2% (11.0). Cash flow from current operations was SEK 1,246m (667).
- Stora Enso reported financial results for Q2 2014, with sales of EUR 2.579 billion and operational EBIT margin of 8.1%, up from 4.5% in Q2 2013.
- All business divisions improved operational EBIT significantly compared to Q2 2013. Renewable Packaging achieved record results with operational EBIT up almost 50%.
- The fixed costs reduction program was completed, exceeding its target by 22%. Transformation to renewable materials continues with the Virdia acquisition and machine conversion in Varkaus.
Consolidated net sales for the first quarter of 2013, excluding exchange rate effects and divestments, rose 20% compared with the same period a year ago. The increase is mainly attributable to acquisitions and higher volumes.
Operating profit excluding exchange rate effects and items affecting comparability rose 25%. The corresponding profit for Personal Care and Tissue rose 27% and 40%, respectively, while profit for Forest Products decreased by 22%. Forest Products includes positive earning effects of SEK 121m attributable to land swaps and negative exchange rate effects of approximately SEK 110m. Profit before tax, excluding exchange rate effects and items affecting comparability, rose 34%. The Group’s operating cash flow improved by 5%, to approximately SEK 1.9bn.
SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. Sales are conducted in about 100 countries under many strong brands. The Group has about 36,000 employees and sales in 2012 amounted to SEK 85bn (EUR 9.8bn). Read more on www.sca.com.
- Sales declined 3% year-over-year due to structurally declining paper business, but grew 3% excluding paper and divested businesses. Operational EBIT increased 21% due to foreign exchange gains and lower costs.
- Consumer board sales were flat while operational EBIT increased 27% due to foreign exchange gains and lower costs. Biomaterials sales increased 35% and operational EBIT increased significantly due to the Montes del Plata ramp-up.
- Wood products sales declined 12% and operational EBIT declined 25% due to lower production and deliveries.
Through continued focus on our strategic priorities profitable growth, innovation and efficiency, we delivered favorable organic sales and earnings growth for the first quarter of 2016.
Suominen Corporation reported record results for Q2 2015. Net sales increased 19% to 112.9 million euros due to strengthened demand in Europe and a stronger US dollar. Operating profit excluding non-recurring items reached a record high of 9.9 million euros, up 8.8% compared to Q2 2014, driven by sales growth and an improved gross profit. The company reiterated its outlook for full-year 2015 of increased net sales and operating profit from 2014 levels.
SCA reported strong results for Q2 2016. Organic operating profit growth was strong due to good organic sales growth in hygiene products and emerging markets. Cash flow was also strong. Efficiency gains contributed positively despite provisions for anti-trust and tax cases. The divestment of businesses in Asia closed on April 1 for integration with Vinda. Seven new product innovations were introduced, including for TENA, Okay, Lotus, Zewa, and Tork.
- Stora Enso reported solid financial results for Q3 2014, with quarterly sales of EUR 2.5 billion, up 3% excluding structurally declining paper. Operational EBIT increased 14% to EUR 210 million.
- Renewable Packaging continued its strong performance, with operational EBIT up 30% due to higher volumes and prices. Biomaterials improved performance despite ramp-up challenges at Montes del Plata.
- Building and Living performance was similar to last year's good Q3, while Printing and Reading showed stable performance with improved cash flow.
- The company continues its transformation journey, with growth businesses now making up 70% of sales and 62% of operational EBIT.
Net sales rose 15% (6% excluding exchange rate effects) to SEK 27,958m (24,234). Organic sales growth, which excludes exchange rate effects, acquisitions and divestments, was 6%. Operating profit, excluding items affecting comparability, rose 9% to SEK 2,872m (2,630).
The operating margin, excluding items affecting comparability, was 10.3% (10.9). Profit before tax, excluding items affecting comparability, rose 11% to SEK 2,602m (2,342). Items affecting comparability totaled SEK -122m (-247). Earnings per share were SEK 2.43 (2.12). Return on capital employed, excluding items affecting comparability, was 11.2% (11.0). Cash flow from current operations was SEK 1,246m (667).
- Stora Enso reported financial results for Q2 2014, with sales of EUR 2.579 billion and operational EBIT margin of 8.1%, up from 4.5% in Q2 2013.
- All business divisions improved operational EBIT significantly compared to Q2 2013. Renewable Packaging achieved record results with operational EBIT up almost 50%.
- The fixed costs reduction program was completed, exceeding its target by 22%. Transformation to renewable materials continues with the Virdia acquisition and machine conversion in Varkaus.
Consolidated net sales for the first quarter of 2013, excluding exchange rate effects and divestments, rose 20% compared with the same period a year ago. The increase is mainly attributable to acquisitions and higher volumes.
Operating profit excluding exchange rate effects and items affecting comparability rose 25%. The corresponding profit for Personal Care and Tissue rose 27% and 40%, respectively, while profit for Forest Products decreased by 22%. Forest Products includes positive earning effects of SEK 121m attributable to land swaps and negative exchange rate effects of approximately SEK 110m. Profit before tax, excluding exchange rate effects and items affecting comparability, rose 34%. The Group’s operating cash flow improved by 5%, to approximately SEK 1.9bn.
SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. Sales are conducted in about 100 countries under many strong brands. The Group has about 36,000 employees and sales in 2012 amounted to SEK 85bn (EUR 9.8bn). Read more on www.sca.com.
- Sales declined 3% year-over-year due to structurally declining paper business, but grew 3% excluding paper and divested businesses. Operational EBIT increased 21% due to foreign exchange gains and lower costs.
- Consumer board sales were flat while operational EBIT increased 27% due to foreign exchange gains and lower costs. Biomaterials sales increased 35% and operational EBIT increased significantly due to the Montes del Plata ramp-up.
- Wood products sales declined 12% and operational EBIT declined 25% due to lower production and deliveries.
Through continued focus on our strategic priorities profitable growth, innovation and efficiency, we delivered favorable organic sales and earnings growth for the first quarter of 2016.
Jan Johansson, CEO and President of SCA - Svenska Cellulosa Aktiebolaget, held this presentation at SCA's AGM 2010 in Sundsvall, Sweden.
Read more on www.sca.com
The SCA interim report was published on April 29 at approximately 8.00 CET. At the subsequent press conference CEO Jan Johansson held this presentation.
- Stora Enso reported solid financial results for Q3 2015 with operational EBIT increasing 17.1% to MEUR 246, supported by currency movements.
- Sales remained flat at MEUR 2,500 year-over-year excluding divested businesses which increased 4.9% mainly due to increased pulp mill volumes and favorable foreign exchange rates.
- Operational ROCE improved to 11.6% and net debt to last 12 months' operational EBITDA was reduced to 2.5.
Stora Enso reported financial results for Q4 and full year 2015. Key highlights included:
- Operational EBIT improved 15.8% in Q4 and 13% for the full year due to higher pulp volumes from Montes del Plata and favorable foreign exchange rates.
- Cash flow remained strong at EUR 412 million before investments and EUR 75 million after investments despite peak capital expenditures in 2015.
- Net debt to operational EBITDA was reduced to 2.4 from 2.6 the prior year.
- Annual EPS increased substantially to EUR 1.02 from EUR 0.13 in 2014, supported by a forest valuation gain.
- The company proposed increasing
This is SCAs presentation of the Year-end Report 2013. The presentation was held by CEO Jan Johansson on January 29. SCA further strengthened its position in emerging markets in 2013. During the fourth quarter of 2013, the offer for the Chinese tissue company Vinda was completed, and SCA is today the majority owner of Vinda with 51.4% ownership in the company. SCA decided during the year to invest in local production of hygiene products in India and has launched Libero baby diapers and Tempo consumer tissue in the Indian market.
The efficiency programs in the hygiene and forest products operations are continuing according to plan.
Consolidated net sales for 2013, excluding exchange rate effects and divestments, rose 10% compared with a year ago. The increase is mainly attributable to acquisitions and higher volumes. Operating profit, excluding items affecting comparability, exchange rate effects and divestments, rose 19%. Cost savings, higher volumes, the acquisition in Europe and gains on forest swaps contributed to the earnings improvement. Operating profit for Personal Care and Tissue, excluding items affecting comparability, exchange rate effects and divestments, rose 4% and 27%, respectively. Operating profit for Forest Products, excluding items affecting comparability, rose 35%. Profit before tax, excluding items affecting comparability, exchange rate effects and divestments, rose 25%.
Consolidated net sales for the fourth quarter of 2013, excluding exchange rate effects and divestments, rose 1% compared with the same period a year ago. The increase is mainly attributable to higher volumes. Operating profit, excluding items affecting comparability, exchange rate effects and divestments, rose 31%. Cost savings and gains on forest swaps contributed to the earnings improvement. The corresponding profit for Tissue rose 18%, while profit for Personal Care decreased by 12% as a result of lower earnings for baby diapers associated with an increase in marketing activities. However, incontinence care products and feminine care products had a positive earnings impact. Operating profit for Forest Products, excluding items affecting comparability, rose 188%. Profit before tax, excluding items affecting comparability, exchange rate effects and divestments, rose 38%.
The document provides information about trade between Colombia and Switzerland/Liechtenstein. It discusses key facts and figures about imports and exports of various products between the two countries/regions. It also outlines important regulations, standards, and market requirements in Switzerland/Liechtenstein for potential exporters in Colombia. The presentation aims to help Colombian businesses understand the trade landscape and opportunities for exporting products to Switzerland and Liechtenstein.
The document summarizes a presentation given by Jan Johansson, President and CEO of SCA Group, at a UBS conference in Boston. It provides details on SCA's financial results, including sales of SEK 99 billion and 44,000 employees. It also outlines SCA's transformation through acquisitions, divestments, efficiency programs, and focus on hygiene, tissue, and forest products. SCA's priorities are described as efficiency, innovation, and growth to drive sales increases, especially in emerging markets.
Stora Enso reported financial results for the first quarter of 2016. Sales were slightly down at 2.445 billion euros due to structurally declining paper business, but increased by 2.4% excluding paper and divested mills. Operational EBIT increased 12.7% to 248 million euros and the margin reached a record high of 10.1%. Cash flow from operations improved to 289 million euros. The company continued strengthening its balance sheet through high investments while reducing net debt. Stora Enso also provided guidance for the second quarter of 2016, estimating sales to be slightly higher than Q1 levels and operational EBIT to be in line with or somewhat lower due to scheduled annual maintenance shutdowns.
SCA´s net sales for the first nine months rose 14% excluding exchange rate effects and divestments and amounted to SEK 66,577m. Operating profit rose 15% excluding items affecting comparability and exchange rate effects to SEK 6,885m (6,224).
This document provides an overview of Kesko's performance and strategic plans presented by Jukka Erlund at an analyst meeting on December 18, 2015. Key points include: Kesko's sales and profitability figures have remained stable over the past year. The grocery trade division aims to gain market share in Finland by acquiring Suomen Lähikauppa. The home improvement trade is focusing on growth in Europe through both organic expansion and acquisitions. The car trade continues to be impacted by the Volkswagen emissions scandal but maintains a strong order backlog. Overall, Kesko is well positioned financially and pursuing growth across its strategic business areas.
CEO Marco Levi's and CFO Sakari Ahdekivi's presentationAhlstrom Group
The document summarizes Ahlstrom's annual general meeting for 2016. It discusses Ahlstrom's financial results for 2015, including net sales increasing 7.4% to EUR 1,074.7 million and operating profit excluding non-recurring items increasing 66.1% to EUR 47.5 million. It outlines Ahlstrom's new strategy and long-term financial targets, including adjusting operating profit margin to be above 8% by 2018. Finally, it provides an outlook for 2016 with net sales from continuing operations expected between EUR 950-1,050 million and adjusted operating profit between 4.2-5.2% of net sales.
Iceland is an advanced Nordic country located in the North Atlantic. It has a population of around 340,000 and its largest industry is fishing, followed by tourism and aluminum smelting. Iceland has a highly developed economy and ranks highly on measures of quality of life, infrastructure, and peacefulness. Importing goods to Iceland provides opportunities due to its affluent population and tariff-free access to the European market. Potential products for export include coffee, exotic foods, and seafood.
This presentation was delivered by Professor Martina Lawless during the ESRI's Building Stronger Business - Responding to Brexit conference on 6 July, 2018 in collaboration with the Department of Business, Enterprise and Innovation and Enterprise Ireland.
Presentation: Sale of Oriola-KD Russian operations 8 December 2014Oriola-KD Corporation
Oriola-KD Corporation sold its Russian businesses to a Russian pharmacy chain for RUB 3,700 million (EUR 56 million). The sale allowed Oriola-KD to classify the Russian businesses as discontinued operations and recognize an estimated loss of EUR 26 million. Oriola-KD will now focus on continuing operations in Sweden, Finland, and the Baltics, which have shown stable performance and positive development.
- Kesko's net sales were €6.8 billion, down 2.2%, while operating profit excluding non-recurring items was €171 million, equal to the previous year's level.
- Profitability remained good in the food and car trades, improved significantly in the building and home improvement trade, and weakened in the home and speciality goods trade.
- Kesko expects its net sales and operating profit excluding non-recurring items over the next 12 months to remain at the level of the preceding 12 months, despite uncertainty in the economic situation and consumer demand.
This document provides an overview of exporting to Norway from Colombia. It details that Colombia's exports to Norway have increased strongly over the past decade and are dominated by special provisions like coffee and mineral fuels. The Norwegian market provides opportunities for Colombian exports of fruits, vegetables, organic food, wine, textiles, sports equipment and furniture. Importers in Norway emphasize quality, safety, reliability and social responsibility. The business culture is rule-oriented, straightforward and punctual. Useful resources for exporters include trade organizations in Norway that can provide market and company matching assistance.
The document summarizes information about SCA Group, a leading global hygiene and forest products company. Some key details include:
- SCA Group has annual sales of SEK 99 billion, 44,000 employees, and sells products in about 100 countries.
- Major brands and market positions include TENA and Tork as leading global brands, China's third largest tissue company, and Europe's largest private forest owner.
- The company has undergone transformation through acquisitions, divestments, efficiency programs, and investments in emerging markets to drive growth.
- Financial targets include annual organic sales growth of 5-7% for Personal Care and 3-4% for Tissue, and a return on capital employed
1. The document discusses a research project that aimed to connect fruit growers with surplus fruit to wineries interested in making fruit brandy. The goal was to provide an alternative market for excess crops and develop new products for wineries.
2. Researchers educated growers and vintners on distillery operations through demonstrations. One Missouri winery established a distillery and contracted with local growers for surplus fruit.
3. Researchers assessed distillery techniques by visiting operations in other places. They produced fruit brandies from apples and peaches grown at a state experiment station to develop a new value-added product for Missouri.
El documento describe varios fungicidas comúnmente usados, incluyendo sus formulaciones, toxicidad y tratamiento de envenenamiento. Discute fungicidas como bencenos sustituidos como cloroneb y clorotalonil que generalmente solo causan irritación, y el hexaclorobenceno que históricamente causó miles de casos de porfiria tóxica cuando se usó en granos. También cubre tiocarbamatos como metam-sodio, que puede causar edema pulmonar severo si se inhala, y recomienda descontaminación dérmica
Catalogo Material de Oficina Archivo2000 - 2015ofistore
Este documento presenta los productos de archivo y clasificación de una empresa. Describe varios modelos de archivadores disponibles en diferentes tamaños y formatos, con diferentes sistemas de perforación y materiales. También ofrece archivadores personalizados y a medida. La empresa ha sido certificada en calidad y medio ambiente.
Jan Johansson, CEO and President of SCA - Svenska Cellulosa Aktiebolaget, held this presentation at SCA's AGM 2010 in Sundsvall, Sweden.
Read more on www.sca.com
The SCA interim report was published on April 29 at approximately 8.00 CET. At the subsequent press conference CEO Jan Johansson held this presentation.
- Stora Enso reported solid financial results for Q3 2015 with operational EBIT increasing 17.1% to MEUR 246, supported by currency movements.
- Sales remained flat at MEUR 2,500 year-over-year excluding divested businesses which increased 4.9% mainly due to increased pulp mill volumes and favorable foreign exchange rates.
- Operational ROCE improved to 11.6% and net debt to last 12 months' operational EBITDA was reduced to 2.5.
Stora Enso reported financial results for Q4 and full year 2015. Key highlights included:
- Operational EBIT improved 15.8% in Q4 and 13% for the full year due to higher pulp volumes from Montes del Plata and favorable foreign exchange rates.
- Cash flow remained strong at EUR 412 million before investments and EUR 75 million after investments despite peak capital expenditures in 2015.
- Net debt to operational EBITDA was reduced to 2.4 from 2.6 the prior year.
- Annual EPS increased substantially to EUR 1.02 from EUR 0.13 in 2014, supported by a forest valuation gain.
- The company proposed increasing
This is SCAs presentation of the Year-end Report 2013. The presentation was held by CEO Jan Johansson on January 29. SCA further strengthened its position in emerging markets in 2013. During the fourth quarter of 2013, the offer for the Chinese tissue company Vinda was completed, and SCA is today the majority owner of Vinda with 51.4% ownership in the company. SCA decided during the year to invest in local production of hygiene products in India and has launched Libero baby diapers and Tempo consumer tissue in the Indian market.
The efficiency programs in the hygiene and forest products operations are continuing according to plan.
Consolidated net sales for 2013, excluding exchange rate effects and divestments, rose 10% compared with a year ago. The increase is mainly attributable to acquisitions and higher volumes. Operating profit, excluding items affecting comparability, exchange rate effects and divestments, rose 19%. Cost savings, higher volumes, the acquisition in Europe and gains on forest swaps contributed to the earnings improvement. Operating profit for Personal Care and Tissue, excluding items affecting comparability, exchange rate effects and divestments, rose 4% and 27%, respectively. Operating profit for Forest Products, excluding items affecting comparability, rose 35%. Profit before tax, excluding items affecting comparability, exchange rate effects and divestments, rose 25%.
Consolidated net sales for the fourth quarter of 2013, excluding exchange rate effects and divestments, rose 1% compared with the same period a year ago. The increase is mainly attributable to higher volumes. Operating profit, excluding items affecting comparability, exchange rate effects and divestments, rose 31%. Cost savings and gains on forest swaps contributed to the earnings improvement. The corresponding profit for Tissue rose 18%, while profit for Personal Care decreased by 12% as a result of lower earnings for baby diapers associated with an increase in marketing activities. However, incontinence care products and feminine care products had a positive earnings impact. Operating profit for Forest Products, excluding items affecting comparability, rose 188%. Profit before tax, excluding items affecting comparability, exchange rate effects and divestments, rose 38%.
The document provides information about trade between Colombia and Switzerland/Liechtenstein. It discusses key facts and figures about imports and exports of various products between the two countries/regions. It also outlines important regulations, standards, and market requirements in Switzerland/Liechtenstein for potential exporters in Colombia. The presentation aims to help Colombian businesses understand the trade landscape and opportunities for exporting products to Switzerland and Liechtenstein.
The document summarizes a presentation given by Jan Johansson, President and CEO of SCA Group, at a UBS conference in Boston. It provides details on SCA's financial results, including sales of SEK 99 billion and 44,000 employees. It also outlines SCA's transformation through acquisitions, divestments, efficiency programs, and focus on hygiene, tissue, and forest products. SCA's priorities are described as efficiency, innovation, and growth to drive sales increases, especially in emerging markets.
Stora Enso reported financial results for the first quarter of 2016. Sales were slightly down at 2.445 billion euros due to structurally declining paper business, but increased by 2.4% excluding paper and divested mills. Operational EBIT increased 12.7% to 248 million euros and the margin reached a record high of 10.1%. Cash flow from operations improved to 289 million euros. The company continued strengthening its balance sheet through high investments while reducing net debt. Stora Enso also provided guidance for the second quarter of 2016, estimating sales to be slightly higher than Q1 levels and operational EBIT to be in line with or somewhat lower due to scheduled annual maintenance shutdowns.
SCA´s net sales for the first nine months rose 14% excluding exchange rate effects and divestments and amounted to SEK 66,577m. Operating profit rose 15% excluding items affecting comparability and exchange rate effects to SEK 6,885m (6,224).
This document provides an overview of Kesko's performance and strategic plans presented by Jukka Erlund at an analyst meeting on December 18, 2015. Key points include: Kesko's sales and profitability figures have remained stable over the past year. The grocery trade division aims to gain market share in Finland by acquiring Suomen Lähikauppa. The home improvement trade is focusing on growth in Europe through both organic expansion and acquisitions. The car trade continues to be impacted by the Volkswagen emissions scandal but maintains a strong order backlog. Overall, Kesko is well positioned financially and pursuing growth across its strategic business areas.
CEO Marco Levi's and CFO Sakari Ahdekivi's presentationAhlstrom Group
The document summarizes Ahlstrom's annual general meeting for 2016. It discusses Ahlstrom's financial results for 2015, including net sales increasing 7.4% to EUR 1,074.7 million and operating profit excluding non-recurring items increasing 66.1% to EUR 47.5 million. It outlines Ahlstrom's new strategy and long-term financial targets, including adjusting operating profit margin to be above 8% by 2018. Finally, it provides an outlook for 2016 with net sales from continuing operations expected between EUR 950-1,050 million and adjusted operating profit between 4.2-5.2% of net sales.
Iceland is an advanced Nordic country located in the North Atlantic. It has a population of around 340,000 and its largest industry is fishing, followed by tourism and aluminum smelting. Iceland has a highly developed economy and ranks highly on measures of quality of life, infrastructure, and peacefulness. Importing goods to Iceland provides opportunities due to its affluent population and tariff-free access to the European market. Potential products for export include coffee, exotic foods, and seafood.
This presentation was delivered by Professor Martina Lawless during the ESRI's Building Stronger Business - Responding to Brexit conference on 6 July, 2018 in collaboration with the Department of Business, Enterprise and Innovation and Enterprise Ireland.
Presentation: Sale of Oriola-KD Russian operations 8 December 2014Oriola-KD Corporation
Oriola-KD Corporation sold its Russian businesses to a Russian pharmacy chain for RUB 3,700 million (EUR 56 million). The sale allowed Oriola-KD to classify the Russian businesses as discontinued operations and recognize an estimated loss of EUR 26 million. Oriola-KD will now focus on continuing operations in Sweden, Finland, and the Baltics, which have shown stable performance and positive development.
- Kesko's net sales were €6.8 billion, down 2.2%, while operating profit excluding non-recurring items was €171 million, equal to the previous year's level.
- Profitability remained good in the food and car trades, improved significantly in the building and home improvement trade, and weakened in the home and speciality goods trade.
- Kesko expects its net sales and operating profit excluding non-recurring items over the next 12 months to remain at the level of the preceding 12 months, despite uncertainty in the economic situation and consumer demand.
This document provides an overview of exporting to Norway from Colombia. It details that Colombia's exports to Norway have increased strongly over the past decade and are dominated by special provisions like coffee and mineral fuels. The Norwegian market provides opportunities for Colombian exports of fruits, vegetables, organic food, wine, textiles, sports equipment and furniture. Importers in Norway emphasize quality, safety, reliability and social responsibility. The business culture is rule-oriented, straightforward and punctual. Useful resources for exporters include trade organizations in Norway that can provide market and company matching assistance.
The document summarizes information about SCA Group, a leading global hygiene and forest products company. Some key details include:
- SCA Group has annual sales of SEK 99 billion, 44,000 employees, and sells products in about 100 countries.
- Major brands and market positions include TENA and Tork as leading global brands, China's third largest tissue company, and Europe's largest private forest owner.
- The company has undergone transformation through acquisitions, divestments, efficiency programs, and investments in emerging markets to drive growth.
- Financial targets include annual organic sales growth of 5-7% for Personal Care and 3-4% for Tissue, and a return on capital employed
1. The document discusses a research project that aimed to connect fruit growers with surplus fruit to wineries interested in making fruit brandy. The goal was to provide an alternative market for excess crops and develop new products for wineries.
2. Researchers educated growers and vintners on distillery operations through demonstrations. One Missouri winery established a distillery and contracted with local growers for surplus fruit.
3. Researchers assessed distillery techniques by visiting operations in other places. They produced fruit brandies from apples and peaches grown at a state experiment station to develop a new value-added product for Missouri.
El documento describe varios fungicidas comúnmente usados, incluyendo sus formulaciones, toxicidad y tratamiento de envenenamiento. Discute fungicidas como bencenos sustituidos como cloroneb y clorotalonil que generalmente solo causan irritación, y el hexaclorobenceno que históricamente causó miles de casos de porfiria tóxica cuando se usó en granos. También cubre tiocarbamatos como metam-sodio, que puede causar edema pulmonar severo si se inhala, y recomienda descontaminación dérmica
Catalogo Material de Oficina Archivo2000 - 2015ofistore
Este documento presenta los productos de archivo y clasificación de una empresa. Describe varios modelos de archivadores disponibles en diferentes tamaños y formatos, con diferentes sistemas de perforación y materiales. También ofrece archivadores personalizados y a medida. La empresa ha sido certificada en calidad y medio ambiente.
Reach the largest audience with the smallest code footprint by developing site designs that scale with the device. We take a tired, outdated design and update it for the modern, mobile web using responsive web design techniques with HTML5, CSS3, and . Discussion of the rationale for choosing responsive design, demos of implementation techniques, and highlights of tools and frameworks to aid the process. Special focus on responsive web design implementation in Visual Studio 2012 on ASP.NET MVC 4.
Como escribir un guión cinematográfico, los elementos que lo componen y que hacen y para que sirve cada uno. Usando CELTX como programa recomendado para escribir el guión.
This document discusses various theories and perspectives related to translation theory, and their application to non-literary texts. It covers linguistic, cultural, philosophical, and postcolonial approaches. The document aims to provide an outline of translation theories in the 20th century, show how they apply to non-literary texts, and demonstrate how translation practice can benefit from theory.
Samsonite is one of the largest luggage companies in the world, celebrating 100 years in business in 2010. It was founded in 1910 as Shwayder Trunk Manufacturing Company and began using the Samsonite trademark in 1941. Samsonite has grown significantly over the decades through acquisitions, joint ventures, and innovation, and now operates in over 100 countries with 23,000 retail outlets. The company owns several major luggage brands including Samsonite, American Tourister, Lacoste bags, and Timberland bags.
Microservice Architecture with CQRS and Event SourcingBen Wilcock
This document provides an overview of microservice architecture using CQRS (Command Query Responsibility Segregation) and Event Sourcing patterns. It defines CQRS as separating the write and read functions of an application. Event Sourcing records all state changes as a series of events rather than just the current state. The benefits include scalability, simplicity, flexibility and a business focus. Popular companies using this architecture include those needing cost-effective scaling like microservices. The author provides resources and advocates for CQRS and Event Sourcing to solve common architectural challenges.
This document provides an investor presentation for Cancer Genetics, Inc. It discusses CGI's mission to be the oncology diagnostics partner from bench to bedside. CGI has a global footprint through acquisitions and partnerships. It provides genomic testing and services to support clinical trials, research collaborations, and patient care. CGI is uniquely positioned to address trends in oncology like personalized treatment and biomarker-based clinical trials.
The document discusses how the cloud is changing the business ecosystem. It provides an overview of key topics such as the drivers and challenges of cloud adoption, the changing IT ecosystem, and the impact of cloud computing on different industries. Specifically, the cloud allows organizations to access computing resources on-demand in a flexible, scalable and cost-effective manner. However, security and regulatory issues present challenges. The cloud is transforming roles and processes within organizations and among IT vendors. Industries like government, healthcare and education are seen to benefit greatly from the capabilities of the cloud.
Javier Labad
Coordinador: Iñaki Zorrilla
Ponentes:
J. Usabiaga. “Realidad virtual y rehabilitación cognitiva”
J. M. Menchón. “Mindfulness y psicopatología”
M. A. González. “Rehabilitación social y laboral en la esquizofrenia”
Discusores: Javier Palomo, Javier Labad, Javier Meana
18,30. Mesa 11
TRATAMIENTO FARMACOLÓGICO DE LA REFRACTARIEDAD
Presidente: Eduardo Elizagárate
Coordinador: Miguel
Dokumen memberikan instruksi 15 langkah untuk membuat blog pribadi menggunakan layanan hosting Idhostinger, mulai dari mendaftar akun, memilih paket gratis, mengkonfirmasi pemesanan, menginstal WordPress, hingga masuk ke dalam blog yang telah dibuat.
The document discusses social media and QR codes. It defines social media as interactive platforms for sharing user-generated content and lists common social media types like Facebook, Twitter, blogs and bookmarking sites. It explains that businesses need a social media strategy to grow awareness, engage customers and provide service. QR codes are defined as scannable barcodes that can link to websites, make calls or send messages from a mobile device. The document suggests ways for businesses to use QR codes in marketing.
Mohamed Taher Elhagrasy Yousif Abdallah is an Egyptian national with over 15 years of experience in hotel front office and guest relations management positions in Hurghada, Egypt. He holds a B.A. in English and is fluent in English, Arabic, and French with good skills in German and Microsoft Office. His career includes positions as Front Office Manager, Assistant Front Office Manager, and Night Manager at several 5-star resorts partnered with Thomas Cook.
Colin Gee has over 20 years of experience working in education and healthcare. His experience includes roles as a behaviour support worker, teaching assistant, and residential care worker at The Ryes College from 2009 to 2016. He also has experience as a behavioural support teaching assistant at Woodall CP School from 2013 to 2015. His career demonstrates experience supporting children's behavioral and educational needs in school and residential settings.
Este documento trata sobre los retos de la intermediación aseguradora. Explica las diferentes figuras de mediación como agentes, corredores y brokers. También analiza el marco regulatorio de la mediación y las características de los corredores como la transparencia y el asesoramiento independiente. Finalmente, discute el cambio de paradigma en la mediación hacia un enfoque de gestión de riesgos profesional.
Acta de acuerdo pedagógico viabilidad del desarolloManuel Bedoya D
Este documento presenta el acta de acuerdo pedagógico de una asignatura de la Universidad Cooperativa de Colombia. Se detallan los puntos tratados en la reunión como la presentación del docente y estudiantes, la misión y visión de la universidad, la filosofía de la educación a distancia, las orientaciones metodológicas, estrategias de evaluación y acuerdos generales.
Suominen Corporation is a producer of nonwovens materials with eight manufacturing plants across three continents. In Q3 2015, the company's net sales increased 11% year-over-year due to currency effects while operating profit remained healthy. For the full year, Suominen expects continued growth in demand for its products driven by trends in emerging and developed markets such as population growth, health and hygiene. The company is executing a growth investment program to increase production capacity.
Nina Kopola, President & CEO of Suominen Corporation, and Tapio Engström, CFO, presented highlights from Q1 2015. Net sales increased 14% to 111.9 million euros due to strengthened USD and improved demand in Europe. Operating profit excluding non-recurring items grew 14% to 7.3 million euros. Cash flow from operations was 4.5 million euros. For the full year 2015, Suominen expects net sales and operating profit excluding non-recurring items to improve over 2014. Suominen's strategy focuses on organic growth exceeding industry average, a market-driven way of operating, and product leadership.
Suominen Corporation reported financial results for Q3 2015. Net sales increased 11% to €114.9 million due to currency strengthening. Operating profit was €9.8 million, up from €8.4 million in Q3 2014. Cash flow from operations weakened to €3.9 million from €7.9 million in the prior year period. The company is executing a €60 million growth investment program focused on expanding production capacity in Europe, the Americas, and Asia to drive organic sales growth above the industry average of 3%.
- Suominen Corporation reported its financial results for Q4 and full year 2015. Net sales grew 10.5% in 2015 but were flat in Q4 due to some customers postponing orders until after the new year. Operating profit grew 16% for the full year but declined in Q4 due to expenses for development projects.
- The company continues to execute its 2015-2017 strategy, including a €60 million growth investment program across three continents. Six new products were launched in 2015.
- Financial targets for 2015 were met with organic sales growth exceeding 3% and return on investment over 12%, though gearing ratio was higher than target due to investments. Cash flow remained strong in 2015.
- Organic sales growth and operating profit increased in Q3 2015 for the Group overall. Emerging markets saw strong growth while mature markets saw modest increases.
- Key events included acquiring Wausau Paper Corp, divesting businesses in Asia to integrate with Vinda, and intended closure of a paper machine to improve efficiency.
- Strategic priorities are increasing efficiency across the value chain and driving innovation and profitable growth.
Capital Markets Day 2015, Nina Kopola, President & CEO on Nov 11Suominen Corporation
This document summarizes Suominen's strategy to become a Market Driven Product Leader from 2015-2017. Key elements of their strategy include:
1) Investing over 60 million euros in growth initiatives across three continents to deliver superior value in selected market applications.
2) Driving proactive key account management and creating value with customers through initiatives like customer perception studies.
3) Executing a demand driven supply chain through defining standardized global processes and a comprehensive ICT systems renewal.
4) Evolving their culture and capabilities through pivotal hires to build new skills and a non-discrimination program.
- SCA reported good organic growth in sales and operating profit in Q2 2015, with strong growth in emerging markets. Cash flow was also strong.
- Personal care sales grew 12% with 6% organic growth, driven by price increases, higher volumes, and cost savings. Tissue sales grew 15% with 4% organic growth.
- Operating profit increased for both personal care and tissue, despite higher raw material costs. Forest products profit grew 39% on higher prices and volumes.
- The report highlighted continued strategic priorities of efficiency, innovation, and profitable growth, with several new product launches and investments.
H1 and Q2 2015 results for Wessanen:
- Revenue grew 21.1% in Q2 and 20.7% in H1, with autonomous revenue growth of 7.9% and 8.4% respectively.
- EBITE decreased slightly to €6.9M in Q2 but increased to €19.2M for H1, due to higher marketing expenses being partially offset by increased gross profit.
- Profit for the period was €3.5M in Q2 and €16.1M for H1, lower than the previous year due to the sale of the discontinued ABC business in 2015.
- CIR Group reported consolidated net income of €39.6 million for the first nine months of 2015, compared to €5.4 million for the same period in 2014. The industrial businesses of Espresso, Sogefi and KOS contributed €25 million to net income compared to €4.4 million in 2014.
- Sogefi saw an 11.5% increase in revenues driven by higher volumes globally except in Latin America. KOS grew revenues 12.6% through acquisitions in nursing homes and rehabilitation as well as organic growth. Espresso reported stable EBITDA despite challenges in print media through cost reductions.
- At the holding level, CIR had a net financial surplus
This annual report from Pfeiffer Vacuum discusses the company's performance in 2014 and provides an overview of its vacuum technology solutions. It notes that while total revenue remained nearly unchanged from 2013, net income declined by 6.9% due to delivering more lower-margin products. However, orders increased 10% in the fourth quarter. The report highlights how vacuum technology is essential for applications like smartphones, eyeglasses, and cars. It also discusses Pfeiffer Vacuum's product portfolio and positioning in key industries like semiconductor manufacturing. Looking ahead, the company aims to increase market share through new product innovations and an important customer win in analytics.
- Suominen Corporation reported financial results for Q1 2016, with net sales of EUR 103.9 million, down 7.2% from Q1 2015. Operating profit was EUR 5.5 million, down 24% year-over-year.
- The proportion of higher value-added products in the sales mix grew compared to Q1 2015. Cash flow from operations doubled to EUR 9.1 million due to decreased financial expenses and positive working capital changes.
- For full-year 2016, Suominen expects net sales and operating profit excluding non-recurring items to improve over 2015 levels.
CIECH is a leading Polish chemical company with over 70 years of experience in world markets. It has 8 production plants across Poland, Germany and Romania and over 3,700 employees. CIECH operates across four business segments: soda, organic, silicates and glass, and transport. In recent years, CIECH has optimized operations, invested in new projects, and refinanced debt to significantly increase profits. Looking ahead, CIECH aims to further grow its soda segment, expand in organic chemicals like plant protection, and pursue other investment and modernization projects to continue its stable development.
The document appears to be the agenda and presentation for Recticel's annual ordinary shareholders meeting on 26 May 2015. It includes a discussion of Recticel's 2014 consolidated and combined results, a 1Q2015 trading update, a dividend proposal and outlook for 2015, and an update on Recticel's strategy. The agenda also lists resolutions that will be covered during the meeting.
The document appears to be the agenda and presentation for Recticel's annual ordinary shareholders meeting on 26 May 2015. It includes a discussion of Recticel's 2014 consolidated and combined results, a 1Q2015 trading update, a dividend proposal and outlook for 2015, and an update on Recticel's strategy. The agenda also includes resolutions to be voted on and an appendix. Olivier Chapelle, the Chief Executive Officer, will discuss the financial results and outlook, while Etienne Davignon, the Chairman, will discuss the resolutions on the agenda.
Mondi E&I company presentation March 2015Mondi Group
We are Mondi. IN TOUCH EVERY DAY.
Mondi is an international packaging and paper Group, employing around 25,000 people across more than 30 countries. Our key operations are in central Europe, Russia, North America and South Africa. We offer over 100 packaging and paper products, customised into more than 100,000 different solutions for customers and end consumers. In 2014 Mondi had revenues of €6.4 billion and a return on capital employed of 17.2%.
The Mondi Group is fully integrated across the packaging and paper value chain – from managing forests and producing pulp, paper and compound plastics to developing effective and innovative industrial and consumer packaging solutions. Our innovative technologies and products can be found in a variety of applications including hygiene components, stand-up pouches, super-strong cement bags, clever retail boxes and office paper. Our key customers are in industries such as automotive; building and construction; chemicals; food and beverage; home and personal care; medical and pharmaceutical; packaging and paper converting; pet care; and office and professional printing.
Mondi has a dual-listed company structure, with a primary listing on the JSE Limited for Mondi Limited under the ticker code MND and a premium listing on the London Stock Exchange for Mondi plc under the ticker code MNDI.
For us, sustainable development makes good business sense. We don’t just talk about sustainability; we make it part of the way we work every day. We have been included in the FTSE4Good Index Series since 2008 and the JSE's Socially Responsible Investment (SRI) Index since 2007.
Mondi E&I company presentation March 2015Mondi Group
We are Mondi. IN TOUCH EVERY DAY.
Mondi is an international packaging and paper Group, employing around 25,000 people across more than 30 countries. Our key operations are in central Europe, Russia, North America and South Africa. We offer over 100 packaging and paper products, customised into more than 100,000 different solutions for customers and end consumers. In 2014 Mondi had revenues of €6.4 billion and a return on capital employed of 17.2%.
The Mondi Group is fully integrated across the packaging and paper value chain – from managing forests and producing pulp, paper and compound plastics to developing effective and innovative industrial and consumer packaging solutions. Our innovative technologies and products can be found in a variety of applications including hygiene components, stand-up pouches, super-strong cement bags, clever retail boxes and office paper. Our key customers are in industries such as automotive; building and construction; chemicals; food and beverage; home and personal care; medical and pharmaceutical; packaging and paper converting; pet care; and office and professional printing.
Mondi has a dual-listed company structure, with a primary listing on the JSE Limited for Mondi Limited under the ticker code MND and a premium listing on the London Stock Exchange for Mondi plc under the ticker code MNDI.
For us, sustainable development makes good business sense. We don’t just talk about sustainability; we make it part of the way we work every day. We have been included in the FTSE4Good Index Series since 2008 and the JSE's Socially Responsible Investment (SRI) Index since 2007.
- Stora Enso reported financial results for Q4 and full year 2014, with sales decreasing 2.3% in Q4 but increasing 1.4% excluding structurally declining paper and divested businesses. Operational EBIT increased 37.5% in Q4 due to cost management.
- For the full year, sales decreased 3.3% while operational EBIT increased 40% due to lower costs and higher volumes. The company continues its transformation journey with growth businesses now accounting for 62% of sales.
- Stora Enso is investing in consumer board and packaging solutions, biomaterials, and wood products to drive sustainable growth, while divesting non-core assets and closing operations. The transformation is
- Suominen Corporation reported their Q3/2018 results, with net sales increasing 2% year-over-year due to price increases, while operating profit declined due to significantly higher raw material, energy, and logistics costs.
- The company is executing their Changemaker strategy and 3P profitability program to improve pricing, performance, and planning, though impacts have been slower than expected.
- For the full year 2018, Suominen expects net sales to be at the 2017 level but operating profit to be significantly lower due to higher costs and competitive market conditions.
- The new President & CEO of Suominen Corporation will be Pekka Ojanpää, replacing the current CEO Nina Kopola. Interim CEO is Tapio Engström.
- In Q2 2018, net sales decreased 2% due to negative currency impacts, while average sales prices increased. The new production line in Bethune, SC turned positive on gross profit.
- Operating profit decreased mainly due to tight price competition in flushables and freight issues, while the 3P program aims to improve profitability through pricing, performance, and planning.
- Cash flow from operations was favorably impacted by US tax refunds totaling €7 million. Investments were on track with annual guidance of
- Net sales decreased 6% due to currency effects, while volumes sold increased, representing one of Suominen's highest quarters. Operating profit declined due to price pressures and issues with delivery efficiency at the new Bethune plant.
- The 3P program aims to improve profitability through pricing, performance, and planning, and initial results were seen in slightly higher average sales prices. A new investment was made in Green Bay, WI to increase production of high value products.
- Cash flow remained healthy despite weaker profitability, and EUR 6.3 million was distributed to shareholders as a return of capital.
Suominen at European Midcap Event in Frankfurt on 6 February 2018Suominen Corporation
Suominen Corporation presented its strategy for 2017-2021 which aims to grow net sales to over 600 million euros and increase operating profit to over 10% of net sales. The strategy focuses on three cornerstones - being the best in business, creating nonwovens that others cannot, and building a community of changemakers. Suominen completed a major growth investment program that increased manufacturing capabilities in attractive markets like the US, Brazil, and Spain. The strategy is expected to drive profitable growth and transform Suominen's portfolio toward higher-value applications.
Suominen Corporation reported its financial results for Q4 and full year 2017. Key highlights include:
- Sales volumes grew 4% in 2017 but prices and product mix developed unfavorably, decreasing net sales and gross profit.
- Costs associated with a new production line in the US decreased operating profit.
- However, profit for the period was significantly impacted by the positive effect of US tax reform.
- Cash flow from operations remained healthy despite the decline in operating profit.
- The company expects net sales and operating profit to improve in 2018.
- Sales volumes grew but the weakening USD and unfavorable product mix decreased Q3 net sales. Operating profit declined due to ramp-up costs of the new US production line and growth investments.
- The company successfully refinanced its debt to provide a solid financial position for executing its 2017-2021 growth strategy focused on sustainability and innovation.
- While cash flow from operations decreased in Q3 due to lower profits and increased working capital, the company expects the new US production line to positively impact profits starting in 2018.
Suominen at Small Mid Cap Forum in London, on 26 September 2017Suominen Corporation
Suominen Corporation presented its strategy for 2017-2021 which focuses on becoming the best in the nonwovens business. The strategy has three cornerstones - being the best in turning end-user needs into commercial success, creating nonwovens that others cannot, and building a community of changemakers. Suominen recently completed investments that strengthened its capabilities in product development, manufacturing, and information systems. Its vision is to change how people think about nonwovens by offering engineered solutions rather than just raw materials.
Suominen at Small Mid Cap Forum at Zürich, Switzerland on 5 September 2017Suominen Corporation
This document provides an overview of Suominen Corporation and its strategy for 2017-2021. It discusses Suominen's operations, customers, locations, recent history and investments, the nonwovens market outlook, and its "Changemaker" strategy. The strategy aims to position Suominen as the best business partner through a demand-driven supply chain and superior customer satisfaction. It seeks profitable growth by increasing market share in key product areas and expanding into new geographies and technologies.
MUTUAL FUNDS (ICICI Prudential Mutual Fund) BY JAMES RODRIGUESWilliamRodrigues148
Mutual funds are investment vehicles that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities. They are managed by professional portfolio managers or investment companies who make investment decisions on behalf of the fund's investors.
World economy charts case study presented by a Big 4
World economy charts case study presented by a Big 4
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Cleades Robinson, a respected leader in Philadelphia's police force, is known for his diplomatic and tactful approach, fostering a strong community rapport.
The E-Way Bill revolutionizes logistics by digitizing the documentation of goods transport, ensuring transparency, tax compliance, and streamlined processes. This mandatory, electronic system reduces delays, enhances accountability, and combats tax evasion, benefiting businesses and authorities alike. Embrace the E-Way Bill for efficient, reliable transportation operations.
2. Contents
• Suominen in a nutshell
• Markets
• Financials Q2/2015
• Strategy 2015–2017 and the growth investment program
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 2
4. Key facts
8 plants in
3 continents
600 employees
Net sales
401.8 M€
in 2014
Over 60 % of
sales from
Americas
2
business
areas
100%
nonwovens
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 4
5. Suominen manufactures nonwovens as roll goods
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 5
6. Our nonwovens are converted into consumer as well
as professional applications
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 6
7. We executed a fast transformation into a nonwovens
company with operations in three continents
2011
Three lines of
business:
Nonwovens
Flexibles
Codi Wipes
11/1/2011
Ahlstrom
Home&Personal
acquisition
7/15/2013
Divestment of
Codi Wipes
2/10/2014
Acquisition
of Brazilian unit
7/14/2014
Divestment of
Flexibles
business area
Net sales by line of business and geographical coverage from 2011 to date.
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 7
8. • Main end use areas:
- Hygiene products (femcare,
incontinence, diapers)
- Medical nonwovens (e.g.
swabs, undercast pads,
surgical drapes and masks)
• Net sales of the business area
(2014) 32.3 M€
• Main end use areas:
- Wiping (baby, household,
personal care ,
industrial wipes
- Travel & catering applications
• Suominen is the global leader in
nonwovens for wiping
applications
• Net sales of the business area
(2014): 369.4 M€
Convenience business area
Today, Suominen is a 100% nonwovens company with
two business areas
Care business area
Eight nonwovens plants in three continents serving both business areas
~90% of Suominen’s net sales ~10% of Suominen’s net sales
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 8
9. Locations in three continents close to customers
Green Bay, WI, USA
Windsor Locks, CT, US
Bethune, SC, US
Paulínia, Brazil
Alicante, Spain
Mozzate, Italy
Nakkila, Finland
Cressa, Italy
Ställdalen, Sweden
Port-Audemer, France
Brignoud, France
Trading plants (not owned by Suominen)
Helsinki, Finland
(Head office)
Sales
representatives
present in
several
locations in
Asia Pacific
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 9
11. Historically, growth in demand for nonwovens has
exceeded the growth of the GDP
USA Europe
-4%
-2%
0%
2%
4%
6%
8%
10%
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
GDP Nonwoven demand
2014–2016 GDPs are forecasted.
In Europe, GDP growth is for euro area.
For nonwovens demand, the graphs illustrate the change in the value (USD) of nonwoven demand; 2006-2010 actual, 2011-2015
forecasted.
-10%
-5%
0%
5%
10%
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
GDP Nonwoven demand
11Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications.9/1/2015
12. Demand for Suominen nonwovens is expected
to grow globally
+2%
+7%
+2–6%
+7%
+8%
Global growth rate ~5%
Growth rate for Suominen regions ~3%
Aging population
Everyday convenience
Health and well-being
trends
Growing
population and
middle class
Growing
population and
middle class
12Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications.9/1/2015
13. Household wipes
Incontinence products
Baby wipes
Disposable diapers
Feminine care products
Demand for Suominen’s products is growing both in
emerging and developed markets
USD 14 000+
USD 7 000+
USD 10 000+
USD 4 000+
GDP per capita
USD 1 000+
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 13
14. We are the global leader in nonwovens for wipes
Suominen
18%
Kimberly-
Clark
11%
Jacob Holm
9%
Sandler
8%Avintiv
(ex-PGI)
5%
Other
49%
Suominen #1
Wiping ~2.1 billion euros
Global nonwovens market totaling
~26 billion euros
Other key producers
• Kimberly-Clark
• Avintiv (ex-PGI)
• Fiberweb
• First Quality Nonwovens
• Pegas Nonwovens
Other key producers
• Kimberly-Clark
• Ahlstrom
• Freudenberg
• DuPont
• First Quality Nonwovens
Upholstery
10%
Other
27%
Building/roofing
7%
Filtration
9%
Floor coverings
6%
Automotive
5%
Wiping
8%
Medical
3%
Hygiene
25%
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 14
16. Q2: Net sales increased by 19%
Net sales, M€ Net sales, M€
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 16
93.1 93.5
89.8
98.4 95.3
103.3104.8
111.9112.9
0
20
40
60
80
100
120
55.7
98.3
356.9
373.7
401.8
0
50
100
150
200
250
300
350
400
450
2010 2011 2012 2013 2014
- Net sales grew by 19% in Q2. The strengthening of the USD and improved demand
in the European market (compared to Q2 2014) had a positive impact on net sales.
Continuing operations. Continuing operations.
17. H1: No significant changes in the portfolio
H1/2014: 193.7 M€ H1/2015: 224.9 M€
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 17
40%
17%
12%
22%
8% 1%
40%
16%
11%
23%
8% 2%
Baby wipes Household wipes Industrial wipes Personal care wipes Hygiene and medical products Others
Convenience 92%, Care 8% Convenience 92%, Care 8%
Typically higher value-add products
18. Q2: Operating profit improved to record-high level
Operating profit excl. NRI, M€ and % Operating profit excl. NRI, M€ and %
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 18
- Growth in net sales and further strengthened gross profit improved operating profit.
- Strengthening of the USD compared to euro increased the operating profit by
nearly 14%.
5.0 %
6.2 %
5,0 %
6.5 %
5.8 %
8.4 %
5.9 %
6.5 %
8.8 %
0%
2%
4%
6%
8%
10%
0
2
4
6
8
10
12
M€ %
-6.5 % -4.4 %
4.2 %
5.2 %
6.7 %
-8%
-6%
-4%
-2%
0%
2%
4%
6%
8%
-10
-5
0
5
10
15
20
25
30
2010 2011 2012 2013 2014
M€ %
Continuing operations. Continuing operations.
19. Statement of profit or loss
Healthy cost structure
Net sales grew
Effective tax rate
on Q2: 33.5%; on
H1: 35.4%
EUR thousand Q2 2015 Q2 2014 FY 2014
Net sales 112,944 95,340 401,762
Cost of goods sold -97,160 -84,399 -352,091
Gross profit 15,784 10,941 49,671
Other operating income 903 539 2,655
Sales and marketing expenses -1,756 -1,712 -6,278
Research and development -736 -784 -2,877
Administration expenses -4,179 -3,440 -14,144
Other operating expenses -83 -20 -2,177
Operating profit excluding non-
recurring items 9,932 5,524 26,851
Non-recurring items 530 -278 -954
Operating profit 10,462 5,246 25,897
Net financial expenses -1,076 -1,276 -8,075
Profit before income taxes 9,386 3,970 17,822
Income taxes -3,142 -1,786 -7,645
Profit for the period from
continuing operations 6,244 2,184 10,177
Positive gross profit
development
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 19
20. Statement of financial position, assets
EUR thousand 30 June 2015 30 June 2014 31 Dec 2014
Non-current assets
Goodwill 15,496 15,496 15,496
Intangible assets 12,601 12,508 12,510
Property, plant and equipment 88,297 87,467 88,721
Loan receivables 8,202 − 8,202
Available-for-sale assets 806 922 1,124
Held-to-maturity investments 465 455 450
Other non-current receivables 2,389 − 2,614
Deferred tax assets 5,189 5,634 5,516
Total non-current assets 133,445 122,482 134,633
Current assets
Inventories 32,322 28,878 32,380
Trade receivables 60,193 48,657 52,269
Loan receivables 350 59 600
Other current receivables 4,222 6,480 4,618
Assets for current tax 1,601 695 1,682
Cash and cash equivalents 42,778 17,331 38,430
Total current assets 141,465 102,100 129,979
Assets held for sale − 32,243 −
Total assets 274,910 256,825 264,611
Cash at elevated level
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 20
21. Statement of financial position, equity and liabilities
Decrease in the
nominal value of the
hybrid bond due to
the conversions made
EUR thousand 30 Jun 2015 30 Jun 2014 31 Dec 2014
Share capital 11,860 11,860 11,860
Share premium account 24,681 24,681 24,681
Reserve for invested unrestricted equity 69,652 97,192 97,192
Treasury shares -44 -44 -44
Fair value and other reserves 107 -884 96
Exchange differences 6,011 -821 3,419
Other equity -9,824 -50,410 -46,890
Total equity attributable to owners of
the parent
102,444 81,574 90,313
Hybrid bond 16,884 17,899 18,424
Total equity 119,328 99,473 108,737
Liabilities
Non-current liabilities
Deferred tax liabilities 9,886 6,841 8,789
Other non-current liabilities 1,610 1,872 1,729
Debentures 75,000 − 75,000
Other non-current interest-bearing
liabilities
6,667 62,104 6,667
Total non-current liabilities 93,163 70,817 92,185
Current liabilities
Current interest-bearing liabilities 3,333 22,940 3,347
Liabilities for current tax 1,519 376 246
Trade payables and other current
liabilities
57,567 49,666 60,096
Total current liabilities 62,420 72,982 63,689
Total liabilities 155,583 143,799 155,874
Liabilities related to assets held for sale − 13,553 −
Total equity and liabilities 274,910 256,825 264,611
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 21
22. Cash flow weakened from the comparison period,
cumulatively close to comparison period level
Cash flow from operations, M€ Cash flow from operations, M€
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 22
2.9
4.3
16.3
-0.4
11.3
16.9
9.3
4.5 3.9
-2
0
2
4
6
8
10
12
14
16
18
-2.5 -2.9
24.9
21.3
37.1
-5
0
5
10
15
20
25
30
35
40
2010 2011 2012 2013 2014
23. Statement of cash flows (1/2)
The financial items
were impacted by
currency forward
contracts hedging
equity and the
interests of the
debenture bond paid
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications.
EUR thousand H1 2015 H1 2014 FY 2014
Cash flow from operations
Profit / loss for the period 9,726 1,062 4,973
Total adjustments to profit / loss for the period 16,378 20,485 39,953
Cash flow before changes in net working capital 26,105 21,547 44,927
Change in net working capital -9,263 -4,845 6,140
Financial items -4,966 -2,792 -6,514
Income taxes -3,468 -3,065 -7,434
Cash flow from operations 8,407 10,845 37,119
Cash flow from investments
Investments in property, plant and equipment
and intangible assets
-4,009 -4,016 -7,740
Investments in acquired businesses − -19,261 -19,261
Cash flow from disposed businesses − − 4,736
Sales proceeds from property, plant and
equipment and intangible assets
10 31 59
Cash flow from investments -4,000 -23,246 -22,206
Cash flow in 2014 includes also discontinued operations.
Net working capital
slightly elevated
23
24. Statement of cash flows (2/2)
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications.
EUR thousand H1 2015 H1 2014 FY 2014
Cash flow from financing
Drawdown of hybrid bond − 17,500 17,500
Drawdown of debenture bond − − 75,000
Drawdown of other non-current interest-
bearing liabilities
− − 10,000
Repayment of other non-current interest-
bearing liabilities
− -4,304 -78,220
Changes in current interest-bearing
liabilities
-14 -632 -18,324
Changes in loan receivables 417 − −
Share issue 340 − −
Distribution of funds -2,504 − −
Cash flow from financing -1,761 12,564 5,956
Change in cash and cash equivalents 2,647 163 20,869
Cash and cash equivalents at the beginning
of the period
38,430 18,585 18,585
Effect of changes in exchange rates 1,701 -103 -1,025
Change in cash and cash equivalents 2,647 163 20,869
Cash and cash equivalents at the end of the
period
42,778 18,646 38,430
Assets held for sale, cash and cash
equivalents
− -1,315 −
Cash and cash equivalents at the end of
the period, continuing operations
42,778 17,331 38,430
Cash flow in 2014 includes also discontinued operations.
Earn-out payment and
repayments of loan
receivables related to
the divestment of
Flexibles
24
25. Outlook for 2015 (July 17 2015)
Suominen repeats its estimate, announced on 27 April 2015,
according to which Suominen expects that for the full year
2015, its net sales and operating profit excluding non-
recurring items from continuing operations will improve
from year 2014.
Suominen’s net sales of the continuing operations in 2014
amounted to EUR 401.8 million and operating profit
excluding non-recurring items was EUR 26.9 million.
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 25
27. In this strategy period, we continue with the three
cornerstones but focus on being In the Lead
How we operate
In the
Lead
Step Change
in Profitability
Suominen
Way
How we work How we win
28. Understanding the end user remains
in the heart of our strategy
Fiber
producer
Nonwovens manufacturer
Brand owner
Converter, e.g.
wet wipe manufacturer
Retailer
Primary
production
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 28
29. In 2015–2017, we target growth, market-driven way of
operating, and product leadership
Organic growth
exceeding
industry
average
Market-driven
way of
operating
Product
leadership
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 29
30. We aim at achieving a major shift in product portfolio
41%
15%
12%
22%
8% 2%
2014 (401.8 M€)
Baby Household
Industrial Personal care
Medical and hygiene Other
2017 (approx. 500 M€)
Illustrative.
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 30
31. To implement the strategy, we have a focused
~60 M€ growth investment program
Extend geo-
graphical
reach
Acquisitions
Sustain &
improve
Retrofit Expand
Projected growth investments
appr. 60 M€ until 2017
Not in focus in the strategy period
2015–2017
Some 1-2% of
net sales
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 31
32. The growth investment program was launched
swiftly and is proceeding as planned
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 32
Bethune,
SC, US
Paulínia,
Brazil
Alicante,
Spain
Nakkila,
Finland
33. Growth investment projects in Brazil,
Finland and Spain
• Investments in equipment at the Paulínia plant in Brazil and
the Alicante plant in Spain will broaden our product offering.
- In future, the plants will be able to supply nonwovens not only to higher
added-value wiping products, but also to medical nonwovens.
• At the Nakkila plant in Finland, we took into use one
previously closed production line during Q2. The plant is now
able to flexibly meet the strengthened demand on the
European markets.
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 33
34. Growth investment project in the USA
• We will invest in a new wetlaid production line at our plant in
Bethune, SC, USA.
• The total value of the investment, including both equipment
and facilities, will be close to EUR 50 million.
• The new line
- is tailor-made for us based on our technological expertise
- will focus on higher value-added nonwovens, which are used for
household and industrial wiping and flushable wiping products, to name
examples
- will support our strategic target of increasing the share of products with
higher value-added in our portfolio.
• The installation is expected to be finished in H2/2016.
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 34
35. Mid-term financial targets
• Increase net sales organically at a rate that exceeds the
average growth rate of the industry. (In 2014,
Suominen’s net sales grew organically 3.5%, slightly faster
than the industry average.)
• Have a solid capital structure with a gearing ratio
principally between 40% and 80%. (Q2/2015: 28.2%).
• Clearly improve relative profitability. The target level of the
company’s return on investment (ROI) is above 12%.
(Q2/2015, rolling 12 months: 17.1%).
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 35
36. Suominen’s strategy 2015–2017
• Deliver superior value in thoughtfully selected market applications.
• Drive proactive key account management for mutual value creation.
• Execute demand driven supply chain.
• Evolve culture and capabilities to build strong product company.
Market Driven Product Leader
Our purpose is to make nonwovens continuously better for people.
• Organic net sales growth at a rate that exceeds
the industry average (approx. 3%)
• A return on investment of more than 12%
• A gearing ratio between 40% and 80%
Purpose – why?
Vision – where?
Strategy – how?
Financial targets
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 36
37. Summary: Suominen as an investment
Strong track record
Successful transformation,
now full focus on nonwovens
Focused strategy for 2015 – 2017
& ambitious growth scenario
Financial position enables
the execution
Dividend policy defined for
the creation of shareholder value
100%
500 M€
60 M€
30%
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 37
41. Share information
Largest shareholders (26/8/15) Nr of shares %
AC Invest Two B.V. 67,724,176 26.83
Varma Mutual Pension Insurance
Company 22,500,000 8.91
Ilmarinen Mutual Pension
Insurance Company 18,422,103 7.30
Elo Pension Company 14,123,255 5.60
Euroclear Bank Sa/Nv 12,342,418 4.89
Oy Etra Invest Ab 12,223,320 4.84
Nordea Nordic Small Cap Fund 7,660,763 3.03
Skandinaviska Enskilda Banken AB 7,049,592 2.79
Nordea Bank Finland Plc 5,988,846 2.37
OP-Delta Fund 5,500,000 2.18
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 41
Basic share information
• Trading code SUY1V
• ISIN code FI0009010862
• List: NASDAQ Helsinki,
Consumer Goods (small cap)
• Number of shares 252,425,616
• Share capital 11,860,056 EUR
• Market cap ~270 MEUR
(end Aug 2015)
* A group company of Ahlström Capital, a private equity company
42. Our history stems from 1767
Orlandi
1933
Green Bay
Nonwovens
1997
Tecnofibra/
Fiberweb
1971
C.H. Dexter
& Sons
1767
J.W.
Suominen
1898
Part of
Suominen
since 2001
Ahlstrom
Brazil 2008
Part of
Ahlstrom
since 2007
Part of
Ahlstrom
since 2007
Part of
Ahlstrom
since 2004
Part of
Ahlstrom
since 2000
Part of
Lassila
& Tikanoja
since 1982
Part of Suominen since 2011
Suominen 2015
Part of
Suominen
since 2014
Nakkila Windsor Locks
Mozzate, Alicante,
Bethune
Cressa Green Bay Paulínia
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 42
43. Sustainability agenda 2015–2017
Long-term relations
with customers &
suppliers
Our purpose is to make nonwovens continuously better for people.
Innovation
Development of
sustainable products
Competence
development
Non-discrimination
Material & resource
efficiency
Achieving
product leadership
Fostering responsibility
throughout the value chain
Operating sustainably
throughout the organization
9/1/2015 Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 43
44. Refinancing: issuance of a 75 MEUR bond in Sep 2014
• Senior unsecured bond with maturity of five years.
• Fixed coupon with an interest rate of 4.375 per cent per annum.
• Issue was oversubscribed by more than 40 investors.
• Listed on NASDAQ OMX Helsinki.
• Listing prospectus is available at www.suominen.fi > Investors >
Financials > Debt information.
Suominen is a globally leading supplier of nonwovens for wiping, hygiene and medical applications. 449/1/2015
45. Refinancing: renewed credit facilities
• In connection with issuing the bond, Suominen entered into a
syndicated credit facilities agreement totaling EUR 55 million.
• The syndicated credit facilities consist of:
• a multicurrency revolving credit facility of EUR 30 million with a
maturity four years
• a term loan of EUR 10 million with a maturity of three years
• a term loan of EUR 15 million with a maturity of four years.
• The lenders for the facilities are Nordea Bank Finland Plc and
Pohjola Bank Plc.
• The bank facilities include leverage ratio and gearing as
financial covenants.
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