SCHWARZENBACH, Germany , June 20, 2024-

The aftermath of the Ukraine war in particular had a significant impact on Sandler Group’s 2023 balance sheet. However, the nonwoven manufacturer has bottomed out and is on its way to stabilization.

The Group - which includes Sandler AG (Schwarzenbach, Germany) and Sandler Nonwoven Corporation (Perry, GA, USA) - achieved sales of 338 million euros in 2023. In the previous year, revenue amounted to 420 million euros, the company reports. The decline in turnover primarily affected the AG. In contrast, business at the Sandler Nonwovens Corporation developed in a “stable” manner. As a result of the decline in sales, the company also had to accept a negative result for the year.

Nonwovens Markets subscribers - click here to read the full article.

Not a subscriber?

Try Nonwovens Markets free!