Ahlstrom’s net sales in the second quarter of 2024 increased by 0.7% to EUR 779.8 million ($846.5 million) compared to the second quarter of 2023. Deliveries and average selling price were on last year’s level. Excluding Stenay divestiture, deliveries increased by 3%.
Net sales of the Filtration segment were €155.1 million ($168.5 million) in Q2 2024, up from €148.6 million ($161.3 million) in Q2 2023. Net sales of the Food & Consumer Packaging segment were €323.3 million ($350.9 million) in Q2 2024, down from €329.5 million ($357.7 million) in Q2 2023. Net sales of the Healthcare segment were €42.5 million ($46.1 million) in Q2 2024, up from €38.6 million ($41.9 million) in Q2 2023. Net sales of the Building Materials segment were €83.8 million ($91 million) in Q2 2024, up from €77.7 million ($84.3 million) in Q2 2023. Net sales of the Technical Materials segment were €166.6 million ($180.8 million) in Q2 2024, up from €159.2 million ($172.8 million) in Q2 2023.
Helen Mets, president & CEO, says: “Ahlstrom delivered another strong performance in Q2. Our profitability improved once again, while cash flow remains solid. Obsessed with our customers and the markets we serve; we launched several innovative new products − including fluorochemical-free filtration and paper-based pet food materials − to meet the growing need for safe and sustainable solutions. We also refined our strategy and streamlined our organization to accelerate our growth transformation. In addition, our Q2 pulse survey showed an increase in employee engagement. The latest engagement score places Ahlstrom close to the level of the top 10% of companies in the manufacturing industry. I am proud of the progress that we continue to deliver.”
