Brief: Suominen Q3 Comparable Operating Profit Up At EUR 12.9 Mln

Suominen Oyj

27/10/2020 07:39

Oct 27 (Reuters) - Suominen Oyj  SUY1V.HE :
    * REG-SUOMINEN CORPORATION’S INTERIM REPORT FOR JANUARY 1 –
SEPTEMBER 30, 2020: STRONG PERFORMANCE CONTINUED
    * Q3 NET SALES EUR 115.4 MILLION VERSUS EUR 103.4 MILLION
YEAR AGO
    * Q3 COMPARABLE OPERATING PROFIT EUR 12.9 MILLION VERSUS EUR
1.1
MILLION YEAR AGO
    * OUTLOOK FOR 2020 UNCHANGED
    * PANDEMIC HAS INCREASED DEMAND FOR OUR PRODUCTS IN ALL OUR
MARKETS AND HIGHER DEMAND IS EXPECTED TO CONTINUE AT LEAST IN Q4
AND EARLY 2021
    * IN LONGER TERM COVID-19 PANDEMIC MAY LEAD TO A CONTINUED
INCREASE IN DEMAND FOR NONWOVENS FOR CLEANING AND DISINFECTION
PRODUCTS.

Source text for Eikon:  ID:nGNE358rR9 
Further company coverage:  SUY1V.HE 

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