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Ahlstrom-Munksjö Announces Quarterly Results

Filtration and Performance sales up 3.2%

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By: Tara Olivo

Associate Editor at Nonwovens Industry, Rodman Media

Ahlstrom-Munksjö’s net sales in the first quarter of 2019 amounted to €758.7 million ($845.3 million), an increase of 1% from €751 million ($836.7 million) in the first quarter of 2018. In constant currency, net sales declined by 1%. Significantly higher selling prices in all business areas had a positive impact on net sales. Delivery volumes fell in all business areas.

In the Filtration and Performance business area, net sales rose by 3.2% to €172.4 million ($192 million) compared with €167 million ($186 million) in the comparison period. The increase was driven by higher selling prices offsetting lower deliveries. Demand for filtration products was generally stable in Europe, while it weakened somewhat in North America and Asia. In construction-related markets, demand for flooring and other glass fiber tissue materials remained good, whereas the wallcoverings market in Europe stabilized after a decline in 2018.

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