Ahlstrom has reported net sales of €743.1m ($861.7m) for the third quarter (Q3) of 2025, marginally up from €742.7m in the same period of the previous year.
On a constant currency basis, the fibre‑based speciality materials supplier’s sales rose 4%, including the contribution from the acquisition of Stevens Point.
Comparable earnings before interest, taxation, depreciatio and amortisation (EBITDA) improved to €139.6m, up from €130.2m a year earlier, and equivalent to 18.8% of net sales versus 17.5% previously.
Reported EBITDA increased to €123.9m, compared with €81.9m in the previous year.
Ahlstrom’s operating result declined to €16.3m from €35.6m, primarily because of impairment losses of €55.7m recognised in connection with classifying the abrasives business as assets held for sale.
The company posted a net loss of €54.6m for the quarter, compared with a loss of €24.3m a year earlier.
Ahlstrom president and CEO Helen Mets stated: “While the overall market demand softened, we increased our sales by 4%, at constant currency rates. We maintained our strong margin on variable costs per tonne, driven by our sustainable operating system. This foundation continues to drive disciplined pricing and cost control, resulting in a record-high EBITDA margin of 18.8% on sales this quarter. Operating cash flow remained stable.”
Ahlstrom recently secured a platinum medal in the EcoVadis sustainability assessment.
The overall score of 86 out of 100 is an improvement on the company’s 2024 result and places Ahlstrom among the top 1% of companies assessed by EcoVadis since October 2024.
