Helsinki - Delayed Quote • EUR Suominen Oyj (SUY1V.HE) Follow Compare 2.5700 -0.0300 (-1.15%) At close: 5:55:44 PM GMT+2 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Mark Ushpol appointed EVP, Americas business area at Suominen Mark Ushpol Mark Ushpol Suominen Corporation’s stock exchange release on December 5, 2024 at 3:00 p.m. EET Mark Ushpol has been appointed Executive Vice President, Americas business area at Suominen. He will be a member of Suominen's Executive Management Team and report to President and CEO Tommi Björnman. Ushpol will start in his new position on January 6, 2025. Mr. Ushpol joins Suominen from Ahlstrom, where he worked as Executive Vice President of the Food & Consumer Packaging division and as Suominen Corporation’s Interim Report for January 1 – September 30, 2024: Profitability affected by operational issues, outlook unchanged Suominen Corporation Interim Report on November 6, 2024, at 9:30 a.m. (EET)Suominen Corporation’s Interim Report for January 1 – September 30, 2024: Profitability affected by operational issues, outlook unchanged KEY FIGURES 7-9/7-9/1-9/1-9/1-12/ 20242023202420232023Net sales, EUR million111.6106.4343.8335.9450.9Comparable EBITDA, EUR million3.35.212.810.515.8Comparable EBITDA, %3.04.93.73.13.5EBITDA, EUR million3.45.211.85.911.2EBITDA, %3.04.93.41.82.5Comparable operating profit, EUR million-1. Minna Rouru appointed Chief People & Communications Officer at Suominen Minna Rouru Minna Rouru Suominen Corporation's stock exchange release on October 21, 2024 at 10:00 a.m. Minna Rouru, M.Sc. Social Sciences, has been appointed Chief People & Communications Officer at Suominen. She will be a member of Suominen's Executive Management Team and report to President and CEO Tommi Björnman. Mrs. Rouru will start in her new role by February 2025 at the latest. Mrs. Rouru joins Suominen from KONE Corporation, where she has worked as Vice President, People & Communication Suominen Oyj (FRA:1S0) (Q2 2024) Earnings Call Highlights: Strong Revenue Growth and Strategic ... Suominen Oyj (FRA:1S0) reports a 5% revenue increase and outlines plans for sustainable product expansion amidst market challenges. Suominen’s financial reporting in 2025 Suominen Corporation's stock exchange release on September 30, 2024 at 11:00 a.m. (EEST) Suominen will publish its Financial Statements Release, Half-Year Financial Report and two Interim Reports in 2025 as follows: March 5, 2025 – Financial Statements Release for 2024 May 7, 2025 – Interim Report for January–March 2025 August 7, 2025 – Half-Year Financial Report for January–June 2025 October 29, 2025 – Interim Report for January–September 2025 The Annual Report for 2024 will be published during Composition of Suominen's Nomination Board Suominen Corporation’s stock exchange release on September 3, 2024 at 10:00 a.m. (EEST) Suominen’s three largest registered shareholders Ahlstrom Capital B.V., Etola Group Oy and Oy Etra Invest Ab have nominated the following members to the Shareholders’ Nomination Board: Jyrki Vainionpää, President & CEO of A. Ahlström Oy, as a member appointed by Ahlstrom Capital B.V.Mikael Etola, CEO of Etola Group Oy, as a member appointed by Etola Group OyPeter Seligson, Chair of the Board of Directors of A Thomas Olsen to leave Suominen, Markku Koivisto appointed interim EVP, Americas Suominen Corporation’s stock exchange release on August 26, 2024 at 10:00 a.m. (EEST) Mr. Thomas Olsen, EVP Americas, will leave Suominen to pursue new opportunities outside the company. Mr. Markku Koivisto has been appointed as interim EVP, Americas in addition to his current role as EVP, EMEA and CTO. The change is effective as of today. The process to recruit a new EVP, Americas will be started immediately. “I want to thank Thomas for his contribution in leading the Americas business area and Suominen invests in increasing capacity in sustainable products by establishing a new production line at its Alicante site Suominen Corporation's stock exchange release on August 9, 2024 at 10:45 a.m. (EEST) Suominen strengthens its capabilities in sustainable products by investing in a new production line to its site in Alicante, Spain. The new production line increases Suominen’s Card-Pulp-Card (CPC) capacity. The investment is made in line with Suominen’s strategy and supports company’s vision to be the frontrunner in sustainability. “With this investment we respond to the accelerating demand of sustainable nonwo Suominen Corporation’s Half-Year Financial Report for January 1 – June 30, 2024: Gradual improvement continued Suominen Corporation’s Half-Year Financial Report on August 9, 2024, at 9:30 a.m. (EEST)Suominen Corporation’s Half-Year Financial Report for January 1 – June 30, 2024: Gradual improvement continued KEY FIGURES 4-6/4-6/1-6/1-6/1-12/ 20242023202420232023Net sales, EUR million118.7112.7232.3229.5450.9Comparable EBITDA, EUR million5.02.79.55.315.8Comparable EBITDA, %4.22.44.12.33.5EBITDA, EUR million3.8-1.98.40.711.2EBITDA, %3.2-1.73.60.32.5Comparable operating profit, EUR million0.4-2.10.3-4.1-2.8 Suominen Corporation – Manager’s transaction: Björnman Tommi Suominen Corporation June 7, 2024 at 11:15 a.m. (EEST) Suominen Oyj - Managers' Transactions____________________________________________Person subject to the notification requirementName: Tommi BjörnmanPosition: Chief Executive Officer Issuer: Suominen OyjLEI: 743700Z1BNFYR9PRDF52Notification type: INITIAL NOTIFICATIONReference number: 65253/7/6____________________________________________Transaction date: 2024-06-06Outside a trading venueInstrument type: SHAREISIN: FI0009010862Nature of transact Change in the holding of Suominen’s treasury shares Suominen Corporation's stock exchange release on June 7, 2024 at 11:00 a.m. (EEST) Suominen Corporation has transferred a total of 9,556 of its own shares held by the company as treasury shares without consideration to the President & CEO Tommi Björnman in accordance with the terms and conditions of the share-based incentive plan communicated in the stock exchange release published on May 19, 2023. The decision on the directed share issue is based on the authorization granted to the Board of Dir Suominen to initiate a restructuring program including changes in Executive Management Team Suominen Corporation's stock exchange release on May 31, 2024 at 10:00 a.m. EEST As part of the ongoing transformation journey Suominen initiates a restructuring program to reposition the company toward profitable growth. The program is expected to generate annualized savings of EUR 1,5 million with a one-time cost of EUR 2 million and the program is expected to be closed before the end of September 2024. The restructuring program is expected to result in a termination of up to 10 positions in t CORRECTION: Suominen – transfer of the company’s own shares Correction: Correct number of shares transferred on May 16, 2024 is 25,088 and the correct number of treasury shares after the transfer is 541,672. Original release on May 21, 2024 stated incorrectly that number of shares transferred would be 25,090 and the total number of treasury shares after the transfer would be 541,670. Suominen Corporation's stock exchange release on May 23, 2024 at 11:45 a.m. (EEST) Following the decision taken at Suominen’s Annual General Meeting on April 4, 2024, Suomin Suominen Corporation – Manager’s transaction: Héaulmé Charles Suominen Corporation May 21, 2024 at 4:45 p.m. (EEST) Suominen Oyj - Managers' Transactions____________________________________________Person subject to the notification requirementName: Charles HéaulméPosition: Member of the Board/Deputy member Issuer: Suominen OyjLEI: 743700Z1BNFYR9PRDF52Notification type: INITIAL NOTIFICATIONReference number: 63579/6/7____________________________________________Transaction date: 2024-05-21Outside a trading venueInstrument type: SHAREISIN: FI0009010862Nature o Suominen Corporation – Manager’s transaction: Borgman Björn Suominen Corporation May 21, 2024 at 4:45 p.m. (EEST) Suominen Oyj - Managers' Transactions____________________________________________Person subject to the notification requirementName: Björn BorgmanPosition: Member of the Board/Deputy member Issuer: Suominen OyjLEI: 743700Z1BNFYR9PRDF52Notification type: INITIAL NOTIFICATIONReference number: 63573/6/6____________________________________________Transaction date: 2024-05-16Outside a trading venueInstrument type: SHAREISIN: FI0009010862Nature of Suominen Corporation – Manager’s transaction: Ahlström Andreas Suominen Corporation May 21, 2024 at 4:45 p.m. (EEST) Suominen Oyj - Managers' Transactions____________________________________________Person subject to the notification requirementName: Andreas AhlströmPosition: Member of the Board/Deputy member Issuer: Suominen OyjLEI: 743700Z1BNFYR9PRDF52Notification type: INITIAL NOTIFICATIONReference number: 63561/8/9____________________________________________Transaction date: 2024-05-16Outside a trading venueInstrument type: SHAREISIN: FI0009010862Nature Suominen Corporation – Manager’s transaction: Linander Nina Suominen Corporation May 21, 2024 at 4:45 p.m. (EEST) Suominen Oyj - Managers' Transactions____________________________________________Person subject to the notification requirementName: Nina LinanderPosition: Member of the Board/Deputy member Issuer: Suominen OyjLEI: 743700Z1BNFYR9PRDF52Notification type: INITIAL NOTIFICATIONReference number: 63558/10/12____________________________________________Transaction date: 2024-05-16Outside a trading venueInstrument type: SHAREISIN: FI0009010862Nature o Suominen Corporation – Manager’s transaction: Remes Laura Suominen Corporation May 21, 2024 at 4:45 p.m. (EEST) Suominen Oyj - Managers' Transactions____________________________________________Person subject to the notification requirementName: Laura RemesPosition: Member of the Board/Deputy member Issuer: Suominen OyjLEI: 743700Z1BNFYR9PRDF52Notification type: INITIAL NOTIFICATIONReference number: 63576/6/6____________________________________________Transaction date: 2024-05-16Outside a trading venueInstrument type: SHAREISIN: FI0009010862Nature of tr Suominen Corporation – Manager’s transaction: Barsness Aaron Suominen Corporation May 21, 2024 at 4:45 p.m. (EEST) Suominen Oyj - Managers' Transactions____________________________________________Person subject to the notification requirementName: Aaron BarsnessPosition: Member of the Board/Deputy member Issuer: Suominen OyjLEI: 743700Z1BNFYR9PRDF52Notification type: INITIAL NOTIFICATIONReference number: 63564/6/6____________________________________________Transaction date: 2024-05-16Outside a trading venueInstrument type: SHAREISIN: FI0009010862Nature of Suominen – transfer of the company’s own shares Suominen Corporation's stock exchange release on May 21, 2024 at 4:30 p.m. (EEST) Following the decision taken at Suominen’s Annual General Meeting on April 4, 2024, Suominen has transferred 25,090 shares to the members of the Board of Directors on May 16, 2024 as part of the remuneration of the Board. According to the decision taken at the Annual General Meeting, 25% of the annual remuneration is paid in the company’s shares. After the transfer, the company holds a total of 541,670 treasury sha Performance Overview Trailing total returns as of 1/17/2025, which may include dividends or other distributions. Benchmark is OMX Helsinki_PI Return SUY1V.HE OMX Helsinki_PI YTD +12.72% 0.00% 1-Year -4.81% 0.00% 3-Year -42.91% 0.00%