Suominen revises outlook downwards 
Suominen Corporation, Inside Information, October 15, 2025, 2:30 p.m. EEST
In its 2024 financial statements release, published on March 5, 2025, and its half-year report, published on August 7, 2025, Suominen estimated that the company’s comparable operating profit (EBITDA) in 2025 would improve from 2024. Suominen now expects that its comparable operating profit (EBITDA) in 2025 will be lower than in 2024.
“Although demand for nonwovens has historically been stronger in the second half of the year and our cost-saving measures have started to yield results, the recovery of volumes, mainly due to the fluctuating customs situation in the United States and related supply chain disruptions, progressed slower in the third quarter than we had previously estimated. In addition, two significant events affected our U.S. plants in the third quarter: due to an equipment breakdown at one plant, one production line was out of operation for an extended period and caused additional costs, while a major water damage incident in the storage area of another plant led to the spoilage of products in stock. An investigation is underway regarding the damages to seek potential compensation, but the timeline for receiving it is uncertain. Third-quarter net sales were EUR 99.8 million and comparable operating profit is estimated to be approximately EUR 3.4 million. As a result, we estimate that the full-year comparable operating profit will be lower than the 2024 level," states Suominen’s President and CEO Charles Héaulmé.
New Outlook: Suominen expects that its comparable operating profit (EBITDA) in 2025 will be lower than in 2024. In 2024, Suominen’s comparable operating profit was EUR 17.0 million.
Previous Outlook: Suominen expected that its comparable operating profit (EBITDA) in 2025 would improve from 2024. In 2024, Suominen’s comparable operating profit was EUR 17.0 million.
Suominen will publish its third-quarter interim report on Wednesday, October 29, 2025, at approximately 9:30 a.m. EEST.