Ahlstrom has raised its outlook for adjusted operating profit margin in 2016 as a result of continued improvement in operational performance and lower variable costs. The outlook range for net sales is narrowed. Ahlstrom says that it now expects net sales in 2016 to be in the range of €1,060-1,100 million. The adjusted operating profit is expected to be 6.5%-7.5% of net sales. The adjusted operating profit excludes restructuring costs, impairment charges and capital gains or losses. The company’s previous outlook was for net sales in 2016 to be in the range of €1,040-1,140 million and adjusted operating profit of 5.4%-6.4% of net sales.
This story uses material from Ahlstrom, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.