Company Suominen Oyj

Equities

SUY1V

FI0009010862

Textiles & Leather Goods

Market Closed - Nasdaq Helsinki 08:45:37 2024-03-28 am EDT 5-day change 1st Jan Change
2.8 EUR +2.19% Intraday chart for Suominen Oyj +2.94% -1.75%

Business Summary

Suominen Oyj is a Finland-based company engaged in the production of hygiene paper products. It manufactures and supplies nonwoven roll goods for wipes, as well as for medical and hygiene products. After the divestiture in July 2014, the Company operates one business area, Nonwovens, which comprises development and manufacture of nonwovens for various wiping products, such as baby, toddler and personal hygiene products, as well as goods for household and professional use. Additionally, it supplies nonwovens for hygiene and medical applications, such as wound care products. Its customers include international brand owners and private label manufacturers. The Company operates production plants in Finland, Italy, Spain, Brazil and the United States. In July 2014, it completed divestment of its flexible packaging business.

Number of employees: 659

Sales per Business

EUR in Million2022Weight2023Weight Delta
Americas
63.9 %
288 58.4 % 288 63.9 % +0.01%
Europe
36.1 %
205 41.6 % 163 36.1 % -20.74%
Unallocated Exchange Differences of Sales and Internal Sales
0.0 %
0 0.0 % 0 0.0 % -96.09%

Sales per region

EUR in Million2022Weight2023Weight Delta
Americas
64.6 %
294 59.7 % 291 64.6 % -1.11%
Rest of Europe
34.5 %
194 39.3 % 156 34.5 % -19.58%
Finland
0.7 %
4 0.7 % 3 0.7 % -8.01%
Rest of the World
0.2 %
2 0.4 % 1 0.2 % -57.20%

Managers

Managers TitleAgeSince
Chief Executive Officer 50 18-12-31
Chief Executive Officer 58 23-04-30
Director of Finance/CFO 44 23-05-31
Chief Operating Officer 60 10-12-31
Chief Tech/Sci/R&D Officer 53 17-03-26
Investor Relations Contact - 19-02-10
Corporate Officer/Principal - 23-05-31
Comptroller/Controller/Auditor 61 15-02-28

Members of the board

Members of the board TitleAgeSince
Director/Board Member 65 20-03-18
Chairman 66 21-03-24
Director/Board Member 48 15-03-18
Director/Board Member 49 20-03-18
Director/Board Member 51 22-03-23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 58,259,219 32,553,202 ( 55.88 %) 566,760 ( 0.9728 %) 55.88 %

Shareholders

NameEquities%Valuation
14,414,000 24.74 % 42 M €
Ahlström Capital Oy
24.09 %
14,032,903 24.09 % 41 M €
OP-Henkivakuutus Oy
7.121 %
4,148,521 7.121 % 12 M €
Nordea Investment Management AB
6.642 %
3,869,432 6.642 % 11 M €
Mandatum Henkivakuutusosakeyhtiö Oy
4.946 %
2,881,280 4.946 % 8 M €
Keskinäinen Eläkevakuutusyhtiö Ilmarinen
3.282 %
1,912,000 3.282 % 6 M €
Keskinäinen Työeläkevakuutusyhtiö Varma
2.900 %
1,689,751 2.900 % 5 M €
Nordea Investment Management AB (Finland)
2.509 %
1,462,000 2.509 % 4 M €
H. Kuningas & Co. Oy Ab
2.403 %
1,400,000 2.403 % 4 M €
OP Asset Management Ltd.
2.163 %
1,260,283 2.163 % 4 M €

Holdings

NameEquities%Valuation
566,760 0.97% 1,668,230 $

Company contact information

Suominen Oyj

Karvaamokuja 2 B 3rd Floor

00380, Helsinki

+358 1021 4300

http://www.suominen.fi
address Suominen Oyj(SUY1V)

Group companies

NameCategory and Sector
Textiles
Suominen Kuitukankaat OY
Household/Personal Care

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
2
Last Close Price
2.8 EUR
Average target price
2.5 EUR
Spread / Average Target
-10.71%
Consensus