Ahlstrom raises 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 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.
Previously the company had expected net sales in 2016 to be in the range of €1,040-1,140 million with the adjusted operating profit expected to be 5.4%-6.4% of net sales.