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Finnish company Ahlstrom’s sales up 5.2% in Q3FY24 - TechnicalTextile.net

<!doctype html> <html> <head> <meta charset="utf-8" /> <title>Finnish company Ahlstrom’s sales up 5.2% in Q3FY24 - TechnicalTextile.net</title> <meta name="keywords" content="Finnish company Ahlstrom’s sales up 5.2% in Q3FY24 - TechnicalTextile.net" /> <meta name="description" content="Read about >Finnish company Ahlstrom’s sales up 5.2% in Q3FY24 and more news related to apparel industry at TechnicalTextile.net" /> <meta content="width=device-width, initial-scale=1.0, maximum-scale=1.0, user-scalable=no" name="viewport" /> <meta name="Revisit-After" content="1 Day" /> <meta http-equiv="Content-Type" content="text/html; charset=utf-8" /> <meta name="Robots" content="ALL, INDEX, FOLLOW" /> <meta name="language" content="EN" /> <meta http-equiv="content-language" content="en-US" /> <meta name="document-type" content="Public" /> <meta name="document-classification" content="Business to Business" /> <meta name="coverage" content="Worldwide" /> <meta name="author" content="www.fibre2fashion.com" /> <meta name="distribution" content="global" /> <meta name="twitter:card" content="summary_large_image" /> <meta property="og:image" content="https://static.fibre2fashion.com/newsresource/images/299/ahlstrom_310623.jpg" /> <meta name="twitter:image" content="https://static.fibre2fashion.com/newsresource/images/299/ahlstrom_310623.jpg" /> <meta property="og:title" content="Finnish company Ahlstrom’s sales up 5.2% in Q3FY24" /> <meta property="og:description" content="Ahlstrom&#39;s Q3 FY24 net sales rose 5.2 per cent to €742.7 million (~$788.8 million), driven by higher average selling prices. Comparable EBITDA reached €130.2 million (~$138.26 million), supported by cost efficiency and improved margins. Restructuring costs and energy hedge losses impacted reported EBITDA of €81.9 million (~$86.928 million)." /> <meta prefix="og: http://ogp.me/ns#" property="og:image" content="https://static.fibre2fashion.com/newsresource/images/299/ahlstrom_310623.jpg" /> <meta prefix="og: http://ogp.me/ns#" property="og:title" content="Finnish company Ahlstrom’s sales up 5.2% in Q3FY24" /> <link rel='canonical' href='https://www.technicaltextile.net/news/finnish-company-ahlstrom-s-sales-up-5-2-in-q3fy24-299035.html' /> <meta http-equiv="Content-Type" content="text/html; charset=utf-8" /> <meta name="viewport" content="width=device-width, initial-scale=1"> <link rel="shortcut icon" href="https://static.fibre2fashion.com/ttresources/logo/favicon.ico" type="image/x-icon"> <link rel="icon" href="https://static.fibre2fashion.com/ttresources/logo/favicon.ico" type="image/x-icon"> <script src="https://static.fibre2fashion.com/ttresources/js/popper.min.js"></script> <link type="text/css" href="https://static.fibre2fashion.com/ttresources/css/bootstrap.min.css" rel="stylesheet" /> <link type="text/css" href="https://static.fibre2fashion.com/ttresources/css/font-awesome.min.css" rel="stylesheet" /> <link type="text/css" href="https://static.fibre2fashion.com/ttresources/css/ttfonts.css" rel="stylesheet" /> <link type="text/css" href="https://static.fibre2fashion.com/ttresources/css/tt-commonnew.css?ver=1.2" rel="stylesheet" /> <link type="text/css" href="https://static.fibre2fashion.com/ttresources/css/ttelasticsearch.css?v=1" rel="stylesheet" /> <link type="text/css" href="https://static.fibre2fashion.com/ttresources/css/innerheaderelasticnew.css" rel="stylesheet" /> <link href="/news/bundles/css?v=qVFIMlc8wE1dQJcy9jz2lOXBoidEzWQ71wIoNM73Wf81" rel="stylesheet"/> <script src="https://static.fibre2fashion.com/ttresources/js/jquery-1.11.3.min.js"></script> <script src="https://static.fibre2fashion.com/ttresources/js/bootstrap.min.js"></script> <script src="https://static.fibre2fashion.com/ttresources/js/hammer.min.js"></script> <script src="/news/bundles/js?v=pWwG-pJB04NPhqjeup7vH1LCFJEKfAQlVawaSBk7WWg1"></script> <script type="text/javascript" src="https://static.fibre2fashion.com/staticResources/js/jquery/plugins/jquery.validate.min.js"></script> <script type="text/javascript" src="https://static.fibre2fashion.com/staticResources/js/jquery/plugins/jquery.validate.unobtrusive.min.js"></script> <script type="text/javascript" src="https://static.fibre2fashion.com/staticResources/js/jquery/plugins/jquery-ui.min.js"></script> <script type="text/javascript">BASEPATHURL = 'https://www.technicaltextile.net/news'</script> <script type="text/javascript"> function ReadCookie(cookieName) { var re = new RegExp('[; ]' + cookieName + '=([^\\s;]*)'); var sMatch = (' ' + document.cookie).match(re); if (cookieName && sMatch) return unescape(sMatch[1]); return ''; } function SetCookie(cookieName, cookieValue, nDays) { var today = new Date(); var expire = new Date(); if (nDays === null || nDays === 0) nDays = 1; expire.setTime(today.getTime() + 3600000 * 24 * nDays); document.cookie = cookieName + "=" + escape(cookieValue) + ";path=/;domain=.technicaltextile.net;expires=" + expire.toGMTString(); } function makeid() { var text = ""; var possible = "ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789"; for (var i = 0; i < 9; i++) text += possible.charAt(Math.floor(Math.random() * possible.length)); return text; } uival = ReadCookie("ttauid") if ((uival == "") && localStorage.getItem("ttauid") != null) { SetCookie("ttauid", localStorage.getItem("ttauid"), 365); } uival = localStorage.getItem("ttauid"); if ((uival == "") || (uival == null)) { luival = ReadCookie("ttauid") if (luival != "") { localStorage.setItem("ttauid", luival); } else { var jcval = makeid() SetCookie("ttauid", jcval, 365); localStorage.setItem("ttauid", jcval); } uival = jcval; } </script> <!-- Google Tag Manager --> <script> (function (w, d, s, l, i) { w[l] = w[l] || []; w[l].push({ 'gtm.start': new Date().getTime(), event: 'gtm.js' }); var f = d.getElementsByTagName(s)[0], j = d.createElement(s), dl = l != 'dataLayer' ? 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&lt;a href=&quot;/news/technical-textiles-news&quot; target=&quot;_blank&quot;&gt;Technical Textiles&lt;/a&gt; &lt;/div&gt; &lt;h1 class=&quot;section-title text-center&quot;&gt;Finnish company Ahlstrom&#39;s sales up 5.2% in Q3FY24&lt;/h1&gt; &lt;div class=&quot;latest-news-date-main&quot;&gt; &lt;div class=&quot;latest-news-date&quot;&gt; 12 Nov &#39;24 &lt;/div&gt; &lt;div class=&quot;latest-news-read&quot;&gt; 2 min read &lt;/div&gt; &lt;/div&gt; &lt;div class=&quot;news-details-img&quot;&gt; &lt;img class=&quot;img-responsive&quot; src=&#39;https://static.fibre2fashion.com/Newsresource/images/299/ahlstrom_310623.jpg&#39; title=&quot;Finnish company Ahlstrom&#39;s sales up 5.2% in Q3FY24&quot; alt=&quot;Finnish company Ahlstrom&#39;s sales up 5.2% in Q3FY24&quot; /&gt; &lt;div id=&quot;dvcaption&quot;&gt;Pic: Ahlstrom&lt;/div&gt; &lt;/div&gt; &lt;div class=&quot;newsaudio&quot;&gt; &lt;div class=&quot;right-speaker&quot;&gt; &lt;button class=&quot;slide-toggle volume&quot;&gt;&lt;i class=&quot;fa fa-volume-up&quot; aria-hidden=&quot;true&quot;&gt;&lt;/i&gt;&lt;/button&gt; &lt;/div&gt; &lt;div id=&quot;AudioDiv&quot; class=&quot;headerbottombar&quot; style=&quot;display: none;&quot;&gt; &lt;span class=&quot;news-details-txt selectionShareable&quot;&gt; &lt;div class=&quot;audiocls text-center&quot; id=&quot;divaudioid&quot;&gt; &lt;/div&gt; &lt;/span&gt; &lt;/div&gt; &lt;div class=&quot;clear&quot;&gt; &lt;/div&gt; &lt;/div&gt; &lt;hr&gt; &lt;div id=&quot;summarydesc&quot; class=&quot;newsinsights&quot;&gt;&lt;h3&gt;Insights&lt;/h3&gt; &lt;ul style = &quot;list-style-type:disc;&quot;&gt;&lt;li&gt;Ahlstrom&#39;s Q3 FY24 net sales rose 5.2 per cent to €742.7 million (~$788.8 million), driven by higher average selling prices. &lt;/li&gt;&lt;li&gt;Comparable EBITDA reached €130.2 million (~$138.26 million), supported by cost efficiency and improved margins. &lt;/li&gt;&lt;li&gt;Restructuring costs and energy hedge losses impacted reported EBITDA of €81.9 million (~$86.928 million).&lt;/li&gt;&lt;/ul&gt;&lt;/div&gt; &lt;div class=&quot;pera-text&quot;&gt; &lt;span class=&quot;news-details-txt&quot;&gt;&lt;div dir=&quot;ltr&quot;&gt; &lt;div dir=&quot;ltr&quot;&gt; &lt;p&gt; The net sales of Finnish company Ahlstrom&amp;nbsp;increased by 5.2 per cent to &amp;euro;742.7 million (~$788.8 million) on higher average selling prices in the third quarter (Q3) of fiscal 2024 (FY24).&lt;/p&gt;&lt;div style=&quot;display:none;&quot; id=&quot;shortdesc&quot;&gt;Ahlstrom&#39;s Q3 FY24 net sales rose 5.2 per cent to €742.7 million (~$788.8 million), driven by higher average selling prices. Comparable EBITDA reached €130.2 million (~$138.26 million), supported by cost efficiency and improved margins. Restructuring costs and energy hedge losses impacted reported EBITDA of €81.9 million (~$86.928 million).&lt;/div&gt; &lt;p&gt; Comparable EBITDA increased to &amp;euro;130.2 million (~$138.26 million) in the third quarter, representing 17.5 per cent of net sales (16.9), supported by increased margin on variable costs per ton. Higher input costs were more than offset by higher average selling prices and cost efficiency measures, leading to a higher margin on variable costs per ton. Fixed costs were higher.&lt;/p&gt; &lt;p&gt; In the third quarter, EBITDA was &amp;euro;81.9 million (~$86.928 million). Items affecting comparability (IACs) and owners&amp;rsquo; management fee in EBITDA totalled &amp;euro;-48.2 million (~$-51.1 million), and included mainly restructuring costs relating to the closure of the Bousbecque plant and losses from financial energy hedges. Transformation costs were lower as internal capabilities have been built up.&lt;/p&gt; &lt;p&gt; &amp;ldquo;Ahlstrom&amp;rsquo;s transformation efforts are delivering results. Our comparable EBITDA in the third quarter reached a record level, reflecting our ongoing commitment to performance and growth. Driven by our dedication to science and our desire to help customers navigate global trends, we continue to launch new products, with the introduction this quarter of recyclable packaging material for the bouillon cube segment. This innovation replaces thousands of tons of plastic and supports sustainable development. Moreover, our enhanced customer collaboration has led to our customer loyalty score reaching the highest decile in our industry in the latest measurement, which makes me particularly proud,&amp;rdquo; said&amp;nbsp;&lt;strong&gt;&lt;em&gt;Helen Mets, president and CEO&lt;/em&gt;&lt;/strong&gt;.&lt;/p&gt; &lt;p&gt; &amp;ldquo;Our margin on variable cost per tonne continued to increase to a record high level, thanks to our improved operational performance driven by our transformation initiatives. Adjusted for the Stenay divestment in 2023, our deliveries increased by 1 per cent compared to the previous year. We continued to strengthen our business portfolio by consolidating our footprint in parchment paper production at the Saint-S&amp;eacute;verin site following the closure of the Bousbecque mill. Our centralised operations ensure efficiency and continued growth. In addition, we successfully completed the transaction to divest the Aspa pulp mill in November, supporting our growth transformation and focus on specialty materials production,&amp;rdquo; explained Mets.&lt;/p&gt; &lt;/div&gt;&lt;/div&gt; &lt;p class=&quot;text-right f2fdesk&quot;&gt;Fibre2Fashion News Desk (RR)&lt;/p&gt; &lt;/span&gt; &lt;div class=&quot;col-md-12&quot;&gt; &lt;div class=&quot;row&quot;&gt; &lt;div class=&quot;col-md-12 text-left&quot;&gt; &lt;div class=&quot;row&quot;&gt; &lt;a href=&#39;https://www.fibre2fashion.com/news/company-news/ahlstorm-corporation/&#39; class=&quot;more-category-link&quot;&gt;More Ahlstrom-Munksjo News...&lt;/a&gt; &lt;/div&gt; &lt;/div&gt; &lt;!--&lt;div class=&quot;col-md-8 text-right pagination-txt pull-right&quot;&gt; &lt;div class=&quot;row&quot;&gt; &lt;ul class=&quot;pagination pagination-lg pull-right&quot;&gt; &lt;/ul&gt; &lt;/div&gt; &lt;/div&gt;--&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;input type=&quot;hidden&quot; id = &quot;HidCategoryName&quot; 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&lt;a href=&quot;/news/technical-textiles-news&quot; target=&quot;_blank&quot;&gt;Technical Textiles&lt;/a&gt; &lt;/div&gt; &lt;h1 class=&quot;section-title text-center&quot;&gt;Finnish company Ahlstrom&#39;s sales up 5.2% in Q3FY24&lt;/h1&gt; &lt;div class=&quot;latest-news-date-main&quot;&gt; &lt;div class=&quot;latest-news-date&quot;&gt; 12 Nov &#39;24 &lt;/div&gt; &lt;div class=&quot;latest-news-read&quot;&gt; 2 min read &lt;/div&gt; &lt;/div&gt; &lt;div class=&quot;news-details-img&quot;&gt; &lt;img class=&quot;img-responsive&quot; src=&#39;https://static.fibre2fashion.com/Newsresource/images/299/ahlstrom_310623.jpg&#39; title=&quot;Finnish company Ahlstrom&#39;s sales up 5.2% in Q3FY24&quot; alt=&quot;Finnish company Ahlstrom&#39;s sales up 5.2% in Q3FY24&quot; /&gt; &lt;div id=&quot;dvcaption&quot;&gt;Pic: Ahlstrom&lt;/div&gt; &lt;/div&gt; &lt;div class=&quot;newsaudio&quot;&gt; &lt;div class=&quot;right-speaker&quot;&gt; &lt;button class=&quot;slide-toggle volume&quot;&gt;&lt;i class=&quot;fa fa-volume-up&quot; aria-hidden=&quot;true&quot;&gt;&lt;/i&gt;&lt;/button&gt; &lt;/div&gt; &lt;div id=&quot;AudioDiv&quot; class=&quot;headerbottombar&quot; style=&quot;display: none;&quot;&gt; &lt;span class=&quot;news-details-txt selectionShareable&quot;&gt; &lt;div class=&quot;audiocls text-center&quot; id=&quot;divaudioid&quot;&gt; &lt;/div&gt; &lt;/span&gt; &lt;/div&gt; &lt;div class=&quot;clear&quot;&gt; &lt;/div&gt; &lt;/div&gt; &lt;hr&gt; &lt;div id=&quot;summarydesc&quot; class=&quot;newsinsights&quot;&gt;&lt;h3&gt;Insights&lt;/h3&gt; &lt;ul style = &quot;list-style-type:disc;&quot;&gt;&lt;li&gt;Ahlstrom&#39;s Q3 FY24 net sales rose 5.2 per cent to €742.7 million (~$788.8 million), driven by higher average selling prices. &lt;/li&gt;&lt;li&gt;Comparable EBITDA reached €130.2 million (~$138.26 million), supported by cost efficiency and improved margins. &lt;/li&gt;&lt;li&gt;Restructuring costs and energy hedge losses impacted reported EBITDA of €81.9 million (~$86.928 million).&lt;/li&gt;&lt;/ul&gt;&lt;/div&gt; &lt;div class=&quot;pera-text&quot;&gt; &lt;span class=&quot;news-details-txt&quot;&gt;&lt;div dir=&quot;ltr&quot;&gt; &lt;div dir=&quot;ltr&quot;&gt; &lt;p&gt; The net sales of Finnish company Ahlstrom&amp;nbsp;increased by 5.2 per cent to &amp;euro;742.7 million (~$788.8 million) on higher average selling prices in the third quarter (Q3) of fiscal 2024 (FY24).&lt;/p&gt;&lt;div style=&quot;display:none;&quot; id=&quot;shortdesc&quot;&gt;Ahlstrom&#39;s Q3 FY24 net sales rose 5.2 per cent to €742.7 million (~$788.8 million), driven by higher average selling prices. Comparable EBITDA reached €130.2 million (~$138.26 million), supported by cost efficiency and improved margins. Restructuring costs and energy hedge losses impacted reported EBITDA of €81.9 million (~$86.928 million).&lt;/div&gt; &lt;p&gt; Comparable EBITDA increased to &amp;euro;130.2 million (~$138.26 million) in the third quarter, representing 17.5 per cent of net sales (16.9), supported by increased margin on variable costs per ton. Higher input costs were more than offset by higher average selling prices and cost efficiency measures, leading to a higher margin on variable costs per ton. Fixed costs were higher.&lt;/p&gt; &lt;p&gt; In the third quarter, EBITDA was &amp;euro;81.9 million (~$86.928 million). Items affecting comparability (IACs) and owners&amp;rsquo; management fee in EBITDA totalled &amp;euro;-48.2 million (~$-51.1 million), and included mainly restructuring costs relating to the closure of the Bousbecque plant and losses from financial energy hedges. Transformation costs were lower as internal capabilities have been built up.&lt;/p&gt; &lt;p&gt; &amp;ldquo;Ahlstrom&amp;rsquo;s transformation efforts are delivering results. Our comparable EBITDA in the third quarter reached a record level, reflecting our ongoing commitment to performance and growth. Driven by our dedication to science and our desire to help customers navigate global trends, we continue to launch new products, with the introduction this quarter of recyclable packaging material for the bouillon cube segment. This innovation replaces thousands of tons of plastic and supports sustainable development. Moreover, our enhanced customer collaboration has led to our customer loyalty score reaching the highest decile in our industry in the latest measurement, which makes me particularly proud,&amp;rdquo; said&amp;nbsp;&lt;strong&gt;&lt;em&gt;Helen Mets, president and CEO&lt;/em&gt;&lt;/strong&gt;.&lt;/p&gt; &lt;p&gt; &amp;ldquo;Our margin on variable cost per tonne continued to increase to a record high level, thanks to our improved operational performance driven by our transformation initiatives. Adjusted for the Stenay divestment in 2023, our deliveries increased by 1 per cent compared to the previous year. We continued to strengthen our business portfolio by consolidating our footprint in parchment paper production at the Saint-S&amp;eacute;verin site following the closure of the Bousbecque mill. Our centralised operations ensure efficiency and continued growth. In addition, we successfully completed the transaction to divest the Aspa pulp mill in November, supporting our growth transformation and focus on specialty materials production,&amp;rdquo; explained Mets.&lt;/p&gt; &lt;/div&gt;&lt;/div&gt; &lt;p class=&quot;text-right f2fdesk&quot;&gt;Fibre2Fashion News Desk (RR)&lt;/p&gt; &lt;/span&gt; &lt;div class=&quot;col-md-12&quot;&gt; &lt;div class=&quot;row&quot;&gt; &lt;div class=&quot;col-md-12 text-left&quot;&gt; &lt;div class=&quot;row&quot;&gt; &lt;a href=&#39;https://www.fibre2fashion.com/news/company-news/ahlstorm-corporation/&#39; class=&quot;more-category-link&quot;&gt;More Ahlstrom-Munksjo News...&lt;/a&gt; &lt;/div&gt; &lt;/div&gt; &lt;!--&lt;div class=&quot;col-md-8 text-right pagination-txt pull-right&quot;&gt; &lt;div class=&quot;row&quot;&gt; &lt;ul class=&quot;pagination pagination-lg pull-right&quot;&gt; &lt;/ul&gt; &lt;/div&gt; &lt;/div&gt;--&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;input type=&quot;hidden&quot; id = &quot;HidCategoryName&quot; value = &quot;Technical Textiles&quot;&gt; &lt;input type=&quot;hidden&quot; id = &quot;HidSubCategoryName&quot; value = &quot;Raw Material&quot;&gt; &lt;input type=&quot;hidden&quot; id = &quot;HidCompanyName&quot; value = &quot;Ahlstrom-Munksjo&quot;&gt; &lt;input type=&quot;hidden&quot; id = &quot;HidCountryName&quot; value = &quot;Finland&quot;&gt; &lt;input type=&quot;hidden&quot; id = &quot;HidNewsTag&quot; value = &quot;Technical Textile&quot;&gt; " /> <div class="col-lg-8 latestnews latestnews-detail"> <div class="detail-text p-t-none"> <input id="hdnIsDisplayAudioPlayer" name="hdnIsDisplayAudioPlayer" type="hidden" value="True" /> <div class="news-banner-title text-center"> <a href="/news/technical-textiles-news" target="_blank">Technical Textiles</a> </div> <h1 class="section-title text-center">Finnish company Ahlstrom's sales up 5.2% in Q3FY24</h1> <div class="latest-news-date-main"> <div class="latest-news-date"> 12 Nov '24 </div> <div class="latest-news-read"> 2 min read </div> </div> <div class="news-details-img"> <img class="img-responsive" src='https://static.fibre2fashion.com/Newsresource/images/299/ahlstrom_310623.jpg' title="Finnish company Ahlstrom's sales up 5.2% in Q3FY24" alt="Finnish company Ahlstrom's sales up 5.2% in Q3FY24" /> <div id="dvcaption">Pic: Ahlstrom</div> </div> <div class="newsaudio"> <div class="right-speaker"> <button class="slide-toggle volume"><i class="fa fa-volume-up" aria-hidden="true"></i></button> </div> <div id="AudioDiv" class="headerbottombar" style="display: none;"> <span class="news-details-txt selectionShareable"> <div class="audiocls text-center" id="divaudioid"> </div> </span> </div> <div class="clear"> </div> </div> <hr> <div id="summarydesc" class="newsinsights"><h3>Insights</h3> <ul style = "list-style-type:disc;"><li>Ahlstrom's Q3 FY24 net sales rose 5.2 per cent to €742.7 million (~$788.8 million), driven by higher average selling prices. </li><li>Comparable EBITDA reached €130.2 million (~$138.26 million), supported by cost efficiency and improved margins. </li><li>Restructuring costs and energy hedge losses impacted reported EBITDA of €81.9 million (~$86.928 million).</li></ul></div> <div class="pera-text"> <span class="news-details-txt"><div dir="ltr"> <div dir="ltr"> <p> The net sales of Finnish company Ahlstrom&nbsp;increased by 5.2 per cent to &euro;742.7 million (~$788.8 million) on higher average selling prices in the third quarter (Q3) of fiscal 2024 (FY24).</p><div style="display:none;" id="shortdesc">Ahlstrom's Q3 FY24 net sales rose 5.2 per cent to €742.7 million (~$788.8 million), driven by higher average selling prices. Comparable EBITDA reached €130.2 million (~$138.26 million), supported by cost efficiency and improved margins. Restructuring costs and energy hedge losses impacted reported EBITDA of €81.9 million (~$86.928 million).</div> <p> Comparable EBITDA increased to &euro;130.2 million (~$138.26 million) in the third quarter, representing 17.5 per cent of net sales (16.9), supported by increased margin on variable costs per ton. Higher input costs were more than offset by higher average selling prices and cost efficiency measures, leading to a higher margin on variable costs per ton. Fixed costs were higher.</p> <p> In the third quarter, EBITDA was &euro;81.9 million (~$86.928 million). Items affecting comparability (IACs) and owners&rsquo; management fee in EBITDA totalled &euro;-48.2 million (~$-51.1 million), and included mainly restructuring costs relating to the closure of the Bousbecque plant and losses from financial energy hedges. Transformation costs were lower as internal capabilities have been built up.</p> <p> &ldquo;Ahlstrom&rsquo;s transformation efforts are delivering results. Our comparable EBITDA in the third quarter reached a record level, reflecting our ongoing commitment to performance and growth. Driven by our dedication to science and our desire to help customers navigate global trends, we continue to launch new products, with the introduction this quarter of recyclable packaging material for the bouillon cube segment. This innovation replaces thousands of tons of plastic and supports sustainable development. Moreover, our enhanced customer collaboration has led to our customer loyalty score reaching the highest decile in our industry in the latest measurement, which makes me particularly proud,&rdquo; said&nbsp;<strong><em>Helen Mets, president and CEO</em></strong>.</p> <p> &ldquo;Our margin on variable cost per tonne continued to increase to a record high level, thanks to our improved operational performance driven by our transformation initiatives. Adjusted for the Stenay divestment in 2023, our deliveries increased by 1 per cent compared to the previous year. We continued to strengthen our business portfolio by consolidating our footprint in parchment paper production at the Saint-S&eacute;verin site following the closure of the Bousbecque mill. Our centralised operations ensure efficiency and continued growth. In addition, we successfully completed the transaction to divest the Aspa pulp mill in November, supporting our growth transformation and focus on specialty materials production,&rdquo; explained Mets.</p> </div></div> <p class="text-right f2fdesk">Fibre2Fashion News Desk (RR)</p> </span> <div class="col-md-12"> <div class="row"> <div class="col-md-12 text-left"> <div class="row"> <a href='https://www.fibre2fashion.com/news/company-news/ahlstorm-corporation/' class="more-category-link">More Ahlstrom-Munksjo News...</a> </div> </div> <!--<div class="col-md-8 text-right pagination-txt pull-right"> <div class="row"> <ul class="pagination pagination-lg pull-right"> </ul> </div> </div>--> </div> </div> </div> <input type="hidden" id = "HidCategoryName" value = "Technical Textiles"> <input type="hidden" id = "HidSubCategoryName" value = "Raw Material"> <input type="hidden" id = "HidCompanyName" value = "Ahlstrom-Munksjo"> <input type="hidden" id = "HidCountryName" value = "Finland"> <input 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