Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Neenah’s Sales Increase - Nonwovens Industry

What are you searching for?

Sign in
Financial, Nonwovens News

Neenah’s Sales Increase

Technical Products sales grow

Author Image

By: Tara Olivo

Associate Editor at Nonwovens Industry, Rodman Media

Neenah Paper’s consolidated net sales increased 1% to $248.7 million in the second quarter of 2017 compared with $246 million in the second quarter of 2016 primarily due to increased volumes and a higher value mix of products sold. These gains were only partly offset by unfavorable currency effects. On a constant currency basis, consolidated net sales increased 2%.

Technical Products net sales of $127.3 million increased from $126.5 million in the prior year. Revenue growth resulted from a higher priced sales mix and growth in backings, label and certain filtration products. These items were partly offset by unfavorable currency exchange effects and lower volumes for transportation filtration, where capacity is temporarily constrained until products are qualified on the new U.S. asset. On a constant currency basis, net sales increased 2.2%.

Add us as a preferred source on Google

Get the latest Nonwovens Industry news, insights and analysis in your Google Search and AI experiences.

Add Nonwovens Industry as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Nonwovens Industry Newsletters

Topics