Ahlstrom-Munksjö Financial Statements Release 2020: Strong Result Improvement and Cash Flow

Q4/2020 compared with Q4/2019
*Net sales decreased by 1.7% to EUR 689.2 million (701.3). At constant currency rates, net sales increased by 3.5% on higher volumes
*Comparable EBITDA improved to EUR 89.6 million (70.5), representing 13.0% (10.1) of net sales, supported by lower variable costs and higher volumes
*Operating result improved to EUR 43.7 million (16.0), supported by higher comparable EBITDA and lower items affecting comparability (IAC)
*Net result EUR 23.3 million (1.9)

Q1–Q4/2020 compared with Q1–Q4/2019:
*Net sales decreased by 8.0% to EUR 2,683.3 million (2,915.3). At constant currency rates, net sales decreased by 5.3% due to lower selling prices and a less favorable product mix.
*Comparable EBITDA increased to EUR 334.2 million (312.9), representing 12.5% (10.7) of net sales, supported by lower costs
*Operating result improved to EUR 176.2 million (103.2), supported by a capital gain of EUR 32.0 million from the sale of the fine art paper business and lower items affecting comparability (IAC)
*Net result EUR 94.5 million (32.8)
details at: https://www.ahlstrom-munksjo.com/Media/releases/stock-exchange-releases2/2021/ahlstrom-munksjo-financial-statements-release-2020-strong-result-improvement-and-cash-flow/

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