Suominen Oyj reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was EUR 111.55 million compared to EUR 106.45 million a year ago. Net loss was EUR 3.19 million compared to net income of EUR 0.776 million a year ago. Basic loss per share from continuing operations was EUR 0.06 compared to basic earnings per share from continuing operations of EUR 0.01 a year ago. Diluted loss per share from continuing operations was EUR 0.06 compared to diluted earnings per share from continuing operations of EUR 0.01 a year ago. For the nine months, sales was EUR 343.81 million compared to EUR 335.91 million a year ago. Net loss was EUR 6.14 million compared to EUR 11.36 million a year ago. Basic loss per share from continuing operations was EUR 0.11 compared to EUR 0.2 a year ago. Diluted loss per share from continuing operations was EUR 0.11 compared to EUR 0.2 a year ago.
Suominen is a Finland-based company that manufactures and supplies nonwoven products such as wipes and tissues for markets including medical and personal care.