The Helsinki Court of Appeal has rejected the claims of Metsähallitus in the raw wood case

Helen Mets, President and CEO, comments on second quarter 2024: Ahlstrom delivered another strong performance in Q2. Our profitability improved once again, while cash flow remains solid. Obsessed with our customers and the markets we serve; we launched several innovative new products − including fluorochemical-free filtration and paper-based pet food materials − to meet the growing need for safe and sustainable solutions. We also refined our strategy and streamlined our organization to accelerate our growth transformation. In addition, our Q2 pulse survey showed an increase in employee engagement. The latest engagement score places Ahlstrom close to the level of the top 10% of companies in the manufacturing industry. I am proud of the progress that we continue to deliver. During the second quarter, market activity continued to strengthen. Adjusted for Stenay divestiture deliveries increased compared to both the previous quarter and the previous year. Comparable EBITDA also grew, supported by an increasingly strong margin on variable cost per ton. This improvement can be attributed largely to our transformation initiatives, including disciplined price management and cost efficiency measures. Overall, cash flow remained solid, supported by the higher profitability, efficient working capital management, and sustainable lower capital expenditure.

Domtar joined industry allies in the nonprofit groups Envelope Manufacturers Association (EMA) and Keep US Posted in continuing their postal service advocacy in March, with visits to key members of Congress. While in Washington, our representatives pressed for sensible postal rate regulations, honored postal champions and called attention to a concerning new study regarding the U.S. Postal Service’s finances. Tina Howard, Domtar’s vice president of converting sales and a member of the EMA board, joined other women leaders for a Women’s Hill Day.

Highlights: *4Q21 Reported EPS of $2.19, down 4% driven by impact of extra week in prior year *4Q21 Net sales increased 9.7% to $2.2 billion *FY21 Reported EPS of $8.83, up 34% *FY21 Net sales increased 20.6% to $8.4 billion. “2021 marked the company’s tenth consecutive year of strong top- and bottom-line growth,” said Mitch Butier, chairman, president and CEO. “We delivered 19 percent revenue growth on a constant currency basis and 25 percent adjusted earnings per share growth, while generating record free cash flow.