Strong cash flow from operations and Profitable result in 2009
Suominen’s financial performance improved on the previous year, and profit before taxes was EUR 1.0 million (-8.8). The financial statements include non-recurring costs of EUR 1.2 million (4.1).
Suominen Corporation’s net sales in 2009 totalled EUR 179.4 million and declined by 16 percent on the previous year. Profit after taxes was EUR 0.9 million (-7.2) and earnings per share were EUR 0.04 (-0.31).
Payment of a dividend of EUR 0.02 per share is proposed by the Board of Directors.