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Deceleration of demand in North America and a rapid increase in costs will dent H2 margins, as indicated by company guidance. There is scope for a margin recovery once the destocking phase is over. Marketing material commissioned by Suominen Oyj.

Source: Finwire News.

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.