Ahlstrom-Munksjö Decor improves its margins

05.03.2018 − 

The Decor division within Ahlstrom-Munksjö enjoyed better margins during the fourth quarter of 2017 compared with the previous three-month stretch after experiencing worsening fortunes since the second quarter of 2016. Price hikes implemented in recent months to offset much higher raw material costs are thus now having an impact. However, at the presentation of quarterly financials, CEO Jan Åström cautioned that the cost increases faced to date had still not been fully offset and it had taken longer than planned to implement higher prices.

The division’s revenues had been hoisted above the previous year’s levels with the gradual implementation of mark-ups in the individual quarters of 2017. Growth rates were much higher in the third and fourth quarters than in the first half of the year. The fourth quarter’s 6.2% improvement to €94.2m was primarily connected to higher sales prices; sales volumes were unchanged at the same level as one year earlier.

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