Suominen - Nonwoven Manufacturer for the Wiping Segment

Here are Rauli’s preview comments ahead of Suominen’s Q2 report release on Friday, August 7th. :slight_smile:

We expect revenue to have turned to clear growth due to the recovery in volumes. However, we estimate that the earnings level will remain at the level of the comparison period, burdened by rising raw material and energy costs. The company recently completed its oversubscribed share issue, which will ease the balance sheet situation, but the progress of the operational turnaround remains under our magnifying glass. We expect the company to reiterate its full-year guidance, although we see a clear downward risk in it.