Nordic Business Report-April 26, 2006-Suominen Corporation reports 3-month operating profit of EUR0.7m
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Finnish fibres and plastics producer Suominen Corporation reported on Wednesday (26 April) an operating profit of EUR0.7m on net sales of EUR49.2m for the financial quarter January-March 2006.
Operating result for the three-month period improved from the loss of EUR1.1m, while net sales increased from EUR49.1m, as compared to the corresponding period in 2005.
The company expects its full-year net sales and operating profit to improve compared with 2005.
One euro (EUR) is worth approximately 0.69 British pounds (GBP).
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