Suominen Corporation revises its medium-term financial targets and also its 2012 guidance
HOUSTON, TEXAS, December 5, 2012-
Suominen Corporation has established a new set of financial targets to guide its decision-making, it said today. Separately, the company also announced it had performed impairment tests using market risk assumptions with stronger impact, leading it to revisit the outlook for the balance of the year.
The Board of Directors of Suominen Corporation has set new medium term financial targets for the company. The targets are related to improvement in the company's relative profitability, solid capital structure and organic growth. Suominen said it aims to further strengthen its position as the global market leader in nonwovens for wipes.
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