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Ahlstrom-Munksjö: Decor division‘s margins halved

03.11.2017 − 

Ahlstrom-Munksjö continues to battle the effects of rising pulp and titanium dioxide costs in its Decor division. Recurring EBITDA plunged 47.3% to €5.8m in the third quarter. The downward trend seen in recent quarters had thus intensified. The Decor division had delivered virtually unchanged EBITDA of €11.4m in the fourth quarter and €11.3m in the first quarter, before recording a sum of €8.1m in the second quarter.

Revenues did improve 6.6% to €90.5m between July and September amidst a good trend in volumes and price increases instituted over recent months. However, revenues were not as good as in the first quarter (€95.4m) and second quarter (€98.2m).

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