Ahlstrom's sales growth continued in third quarter
Nov 1 2010 Ahlstrom reports net sales of 482.4 million Euros for the third quarter of the year, compared to 400.6 million the corresponding period last year, up 20.4 percent. For the first three quarters net sales were 1,412.8 million Euros (1,175.6), up 20.2 percent.
Ahlstrom's operating profit for the first nine months of the year was 60.7 million Euros (12.1). The figure includes non-recurring items of 1.4 million Euros (-8.2). Result before taxes was 38.1 million euros (-6.6), and earnings per share was 0.44 Euros (-0.11).Net cash flow from operating activities was 144.7 million Euros (161.0 million)."The demand for our products continued to develop as forecasted in most of our customer segments, and our cash flow remained strong in the third quarter, whendemand is seasonally weaker in many of our markets," said Jan Lång, CEO of Ahlstrom.