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Suominen’s Q3 result was very weak, but more importantly, market comments and further details related to the guidance confirmed that demand recovery has begun. Suominen’s valuation is very moderate from all angles and thus we also find the return expectation good, given that the level of Q3 represent the rock bottom for the earnings.

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Trade. (Suominen)

Suominen manufactures nonwovens as roll goods for wipes and for hygiene products and medical applications. Suominen is the global market leader in nonwovens for wipes. The company employs nearly 650 people in Europe and in the Americas. The Suominen share (SUY1V) is listed on the Nasdaq Helsinki Stock Exchange.