Suominen aims for efficiency through plant closure
![](https://www.inderes.se/cdn-cgi/image/format=auto,width=128,height=128,quality=90,fit=cover/https://core.inderes.fi/sites/default/files/2023-08/Rauli_Juva.jpg)
By Rauli Juva
Suominen announced yesterday that it is closing one of the company’s two plants in Italy. The plant employs more than 10% of Suominen's personnel, making the move significant. We have updated our estimates for the one-off costs of the closure, but the comparable figures remain almost unchanged.
Login required
This content is only available for logged in users
Suominen
3
3
Reduce
Reduce
Suominen is a manufacturing company. The company manufactures and develops a wide range of napkins, hygiene products, and medical applications. The production is based on non-woven fabrics that can be used for various purposes. Customers are found in a number of industries, with the largest operations in Europe and North America. The company is headquartered in Helsinki.
Read more on company pageKey Estimate Figures11.01.2023
2021 | 22e | 23e | |
---|---|---|---|
Revenue | 443.2 | 497.9 | 517.8 |
growth-% | -3.42 % | 12.33 % | 4.00 % |
EBIT (adj.) | 26.9 | -2.2 | 20.0 |
EBIT-% (adj.) | 6.08 % | -0.45 % | 3.86 % |
EPS (adj.) | 0.31 | -0.05 | 0.24 |
Dividend | 0.20 | 0.00 | 0.10 |
Dividend % | 3.86 % | 3.76 % | |
P/E (adj.) | 16.75 | - | 11.04 |
EV/EBITDA | 7.35 | 17.62 | 5.57 |
Forum updates
![](https://www.inderes.se/cdn-cgi/image/format=auto,width=128,height=128,quality=90/https://keskustelut.inderes.fi/user_avatar/keskustelut.inderes.fi/sijoittaja-alokas/500/74872_2.png)
![](https://www.inderes.se/cdn-cgi/image/format=auto,width=128,height=128,quality=90/https://keskustelut.inderes.fi/user_avatar/keskustelut.inderes.fi/rauli_juva/500/79474_2.png)
![](https://www.inderes.se/cdn-cgi/image/format=auto,width=128,height=128,quality=90/https://keskustelut.inderes.fi/user_avatar/keskustelut.inderes.fi/sijoittaja-alokas/500/74872_2.png)
![](https://www.inderes.se/cdn-cgi/image/format=auto,width=128,height=128,quality=90/https://keskustelut.inderes.fi/user_avatar/keskustelut.inderes.fi/sijoittaja-alokas/500/74872_2.png)
![](https://www.inderes.se/cdn-cgi/image/format=auto,width=128,height=128,quality=90/https://keskustelut.inderes.fi/user_avatar/keskustelut.inderes.fi/rauli_juva/500/79474_2.png)
![](https://www.inderes.se/cdn-cgi/image/format=auto,width=128,height=128,quality=90/https://keskustelut.inderes.fi/user_avatar/keskustelut.inderes.fi/sijoittaja-alokas/500/74872_2.png)