Ahlstrom-Munksjö expects higher EBITDA in 1Q 2020 than 1Q 2019 with coordinated response to coronavirus
HELSINKI, March 25, 2020-
Change to quarterly guidance
As of today, all of Ahlstrom-Munksjö’s 45 manufacturing plants globally are operating and the exceptional circumstances created by the Coronavirus outbreak have so far been limited. Ahlstrom-Munksjö’s comparable EBITDA in Q1/2020 is expected to be higher than in Q1/2019. The company’s liquidity is strong with no major refinancing needs before 2022. Due to current market circumstances Ahlstrom-Munksjö moves to a quarterly guidance for the time being.
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