SUOMINEN CORPORATION'S OUTLOOK FOR 2010

SUOMINEN CORPORATION  STOCK EXCHANGE RELEASE 23 MARCH 2010 AT 9.15 A.M.         


SUOMINEN CORPORATION'S OUTLOOK FOR 2010                                         

In the beginning of 2010, demand for Suominen's products and deliveries to      
customers have been lower than expected and lower than in the corresponding     
period of the previous year. Finnish harbour strike has affected especially the 
exports from Nonwovens business unit. Suominen's raw material and energy costs  
have risen clearly in the beginning of the year and the company has not yet been
able to pass on these rises to sales prices. Consequently, Q1 result is expected
to be negative.                                                                 

Suominen estimated in the beginning of the year that no signs of recovery are   
visible in the demand for Suominen's products, and that no major changes can be 
seen in sales volumes from the 2009 level. It was expected that raw material    
prices will rise. Suominen's operating result was expected to be equal to the   
2009 level.                                                                     

Due to the drop of deliveries in the beginning of the year, sales volumes for   
the whole year are expected to fall from the previous year. Operating profit for
2010 is expected to decline on 2009, resulting from the lower sales volumes and 
higher raw material and energy costs.                                           


Helsinki, 23 March 2010                                                         


SUOMINEN CORPORATION                                                            


Board of Directors                                                              



For addition information please contact:                                        
Mr. Petri Rolig, President and CEO, tel. +358 (0)10 214 300                     
Mr. Arto Kiiskinen, Vice President and CFO, tel. +358 (0)10 214 300

Latest news

Changes in company's own shares, European Regulatory News
STOCK EXCHANGE RELEASE May 17, 2022

Suominen – transfer of the company’s own shares

Annual Meetings & Shareholder Rights, European Regulatory News
STOCK EXCHANGE RELEASE March 24, 2022

Decisions taken by Suominen’s Annual General Meeting and the Board of Directors