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Ahlstrom-Munksjo Oyj (AHM1.HE)

AHM1.HE on Helsinki Stock Exchange

11.82EUR
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Latest Key Developments (Source: Significant Developments)

Ahlstrom-Munksjö Announces Terms & Conditions Of Rights Offering Of About EUR 150 Mln
Monday, 19 Nov 2018 

Nov 19 (Reuters) - Ahlstrom-Munksjo Oyj ::AHLSTROM-MUNKSJÖ ANNOUNCES TERMS AND CONDITIONS OF ITS RIGHTS OFFERING.AHLSTROM-MUNKSJO- OFFERING OF NEW SHARES OF APPROXIMATELY EUR 150 MILLION WITH PRE-EMPTIVE RIGHT OF EXISTING SHAREHOLDERS IN AHLSTROM-MUNKSJÖ.PROCEEDS FROM OFFERING WILL BE USED TO FINANCE PART OF ACQUISITION OF EXPERA SPECIALITY SOLUTIONS HOLDINGS, INC.  Full Article

Ahlstrom-Munksjo Q3 Operating Profit At EUR 33.7 Million
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Ahlstrom-Munksjo Oyj ::AHLSTROM-MUNKSJÖ INTERIM REPORT JANUARY-SEPTEMBER 2018: PROFIT IMPROVED IN Q3 - MAJOR STEPS IN THE IMPLEMENTATION OF OUR STRATEGY.Q3 NET SALES EUR 565.6 MILLION (EUR 541.6 MILLION).REITERATES MARKET OUTLOOK FOR 2018.Q3 OPERATING PROFIT EUR 33.7 MILLION VERSUS EUR 31.7 MILLION YEAR AGO.AHLSTROM-MUNKSJÖ REITERATES MARKET OUTLOOK FOR 2018.AHLSTROM-MUNKSJO - IS TARGETING SYNERGIES AND COST REDUCTION INITIATIVES WITH A PROFIT IMPROVEMENT IMPACT OF EUR 50 MILLION ANNUALLY IN ITS EXISTING BUSINESSES BY END OF Q1 OF 2019.  Full Article

Ahlstrom-Munksjö To Improve Competitiveness Of Business At Stenay Plant In France
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Ahlstrom-Munksjo Oyj ::AHLSTROM-MUNKSJÖ PLANS TO SIGNIFICANTLY IMPROVE THE COMPETITIVENESS OF ITS ONE-SIDE COATED BUSINESS AT THE STENAY PLANT IN FRANCE.EMPLOYEE CONSULTATION PROCESSES WILL START ON OCTOBER 30, 2018, AND ARE EXPECTED TO BE COMPLETED IN JANUARY 2019..ANNUAL IMPACT OF PLANNED TURNAROUND PROGRAM WOULD BE APPROXIMATELY EUR 13 MILLION.ANNUAL IMPACT OF PLANNED TURNAROUND PROGRAM WOULD BE APPROXIMATELY EUR 13 MILLION..  Full Article

Ahlstrom-Munksjö Discontinues Giving Comparable EBITDA Guidance Due To Expera Transaction
Wednesday, 10 Oct 2018 

Oct 10 (Reuters) - Ahlstrom-Munksjo Oyj ::AHLSTROM-MUNKSJÖ DISCONTINUES GIVING COMPARABLE EBITDA GUIDANCE DUE TO THE EXPERA TRANSACTION.  Full Article

Ahlstrom-Munksjö Q2 Adjusted EBITDA EUR 67.1 Mln, Below Expectations
Thursday, 26 Jul 2018 

July 26 (Reuters) - Ahlstrom-Munksjo Oyj ::AHLSTROM-MUNKSJÖ HALF-YEAR REPORT JANUARY-JUNE 2018: SATISFACTORY PROFITABILITY DUE TO SUCCESSFUL RAW MATERIAL COST COMPENSATION.AHLSTROM-MUNKSJÖ HALF-YEAR REPORT JANUARY-JUNE 2018: SATISFACTORY PROFITABILITY DUE TO SUCCESSFUL RAW MATERIAL COST COMPENSATION.Q2 REVENUES EUR 587.8 MILLION (REUTERS POLL: EUR 591 MILLION).SPECIFIED GUIDANCE FOR COMPARABLE EBITDA.Q2 ADJUSTED. EBITDA EUR 67.1 MILLION (REUTERS POLL: EUR 70.0 MILLION).COMPARABLE EBITDA IN 2018 IS EXPECTED TO BE SLIGHTLY BELOW PREVIOUS YEAR'S LEVEL (PRO FORMA EUR 290.4 MILLION).  Full Article

Ahlstrom-Munksjö To Acquire Expera For Enterprise Value Of US$615 mln
Monday, 23 Jul 2018 

July 23 (Reuters) - Ahlstrom-Munksjo Oyj ::AHLSTROM-MUNKSJÖ TO ACQUIRE U.S. SPECIALTY PAPER PRODUCER EXPERA FOR ENTERPRISE VALUE OF USD 615 MILLIONHEADING.ACQUISITION WILL ALMOST TRIPLE AHLSTROM-MUNKSJÖ'S NET SALES IN U.S. AND PROVIDE A PLATFORM FOR GROWTH.ESTIMATED NEAR TERM ANNUAL SYNERGY BENEFITS OF APPROXIMATELY USD 10 MILLION (EUR 8 MILLION) FROM DEAL.PURCHASE PRICE PAYABLE IS USD 615 MILLION (EUR 526 MILLION) ON A CASH AND DEBT FREE BASIS.AHLSTROM-MUNKSJÖ HAS SECURED FULLY COMMITTED FINANCING FOR TRANSACTION.AHLSTROM-MUNKSJO - CO SECURED $615 MILLION IN BANK FINANCING FOR ACQUISITION FROM NORDEA BANK, SKANDINAVISKA ENSKILDA BANKEN.PRELIMINARY COST SYNERGIES OF APPROXIMATELY EUR 8 MILLION (USD 10 MILLION) BY YEAR END 2019 FROM DEAL.ONE-TIME COSTS RELATED TO THE ACHIEVEMENT OF SYNERGIES ARE ESTIMATED AT EUR 7 MILLION (USD 8 MILLION).AHLSTROM-MUNKSJO-TO FINANCE PART OF TRANSACTION, CO PLANS TO CONDUCT RIGHTS OFFERING OF ABOUT EUR 150 MILLION, WHICH IS EXPECTED TO BE LAUNCHED DURING Q4 2018.AHLSTROM-MUNKSJO-PROCEEDS FROM RIGHTS OFFERING WILL BE USED FOR REPAYMENT OF OUTSTANDING BRIDGE FACILITIES RELATED TO TRANSACTION.  Full Article

Ahlstrom-Munksjö To Acquire The Caieiras Specialty Paper Mill In Brazil
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Ahlstrom-Munksjo Oyj ::AHLSTROM-MUNKSJÖ TO ACQUIRE THE CAIEIRAS SPECIALTY PAPER MILL IN BRAZIL.AHLSTROM-MUNKSJÖ TO ACQUIRE THE CAIEIRAS SPECIALTY PAPER MILL IN BRAZIL.TRANSACTION IS EXPECTED TO BE COMPLETED DURING Q3 OF 2018.DEBT FREE PURCHASE PRICE IS APPROXIMATELY EUR 100 MILLION.  Full Article

Ahlstrom-Munksjö To Invest About EUR 9 Mln In France and Germany
Monday, 23 Apr 2018 

April 23 (Reuters) - Ahlstrom-Munksjo Oyj ::AHLSTROM-MUNKSJÖ PLANS TO INVEST ABOUT EUR 9 MILLION FOR IMPROVED FINANCIAL PERFORMANCE.HAS DECIDED ON TWO INVESTMENT PROJECTS, TOTALING EUR 9 MILLION, BOTH WITH ATTRACTIVE FINANCIAL RETURNS.THESE PROJECTS WILL NOT MATERIALLY IMPACT CURRENT YEAR'S CAPITAL EXPENDITURE PLAN.CAPITAL EXPENDITURE GUIDANCE FOR 2018, PUBLISHED ON FEBRUARY 13, 2018, REMAINS UNCHANGED.WILL INVEST ABOUT EUR 4 MILLION TO REBUILD A CONVERTING LINE OF STERILIZATION WRAP IN FRANCE.WILL INVEST ABOUT EUR 5 MILLION TO FURTHER ENHANCE QUALITY OF PRE-IMPREGNATED DECOR PAPERS PRODUCED IN GERMANY.  Full Article

Ahlstrom-Munksjö Acquires Land Next To Its Louveira Plant In Brazil
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Ahlstrom-Munksjo Oyj ::AHLSTROM-MUNKSJÖ ACQUIRES LAND NEXT TO ITS LOUVEIRA PLANT IN BRAZIL.  Full Article

Ahlstrom-Munksjö Appoints New President And CEO
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Ahlstrom-Munksjo Oyj ::HANS SOHLSTRÖM APPOINTED PRESIDENT AND CEO OF AHLSTROM-MUNKSJÖ.‍APPOINTED HANS SOHLSTRÖM PRESIDENT AND CEO EFFECTIVE AS OF JUNE 30, 2018, AT LATEST​.  Full Article

Deals of the day-Mergers and acquisitions

July 24 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday: