SUY1VNasdaq HelsinkiHousehold & Personal ProductsIFRS · EUR

Suominen Oyj

Suominen is a Finnish company specializing in the production of nonwovens, primarily for wiping products and other applications. The company aims to be a leader in innovative and sustainable nonwovens, with products that are integral to everyday life globally. In 2024, Suominen reported a revenue of €462.3 million and employed over 700 professionals across Europe, North America, and South America. The company's shares are listed on Nasdaq Helsinki.

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Revenue412m EUR
−10.8 %y/y
Operating profit (EBIT)-5.9m EUR
−369.7 %y/y
EBIT margin-1.4%
−1.2 ppy/y
Net income-12.1m EUR
−128.2 %y/y
Free cash flow-14.1m EUR
−15.8 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

-2000200400600m EUR2021: 443 m EUR2021: EBIT 27 m EUR20212022: 493 m EUR2022: EBIT -9.0 m EUR20222023: 451 m EUR2023: EBIT -7.5 m EUR20232024: 462 m EUR2024: EBIT -1.3 m EUR20242025: 412 m EUR2025: EBIT -5.9 m EUR2025TTM 2026: 396 m EURTTM 2026: EBIT -10 m EURTTM396-10
RevenueOperating profit (EBIT)TTM = last 12 months, not a full fiscal year

Business

Share of revenue
Wiping Products50 %

Nonwoven materials for consumer and industrial wiping applications

Hygiene and Healthcare20 %

Nonwoven materials used in hygiene and healthcare products

Sustainable Products15 %

Bio-based and eco-friendly nonwoven materials

Industrial Applications15 %

Nonwoven materials for various industrial uses

Customers

Suominen's customer base primarily consists of companies in the consumer goods sector, particularly those producing wipes and hygiene products. The company also serves industrial clients requiring specialized nonwoven materials. Customers value Suominen's commitment to sustainability and innovation, which aligns with the growing demand for eco-friendly products. Long-term relationships with key clients are maintained through contracts and a focus on customer-specific solutions.

Consumer Goods

Purchase nonwoven materials for wipes and hygiene products

Industrial

Require specialized nonwoven materials for various applications

Sustainable Products

Focus on eco-friendly and bio-based nonwoven materials

Strategy

Suominen's strategic priorities focus on growth and profitability through sustainability, customer orientation, and operational efficiency. The company aims to expand its product offerings with innovative and sustainable solutions while enhancing its manufacturing capabilities in Europe and the Americas. Suominen is exploring opportunities in adjacent markets and Asia to further its strategic goals.

Sustainability and InnovationMedium term

To meet growing demand for eco-friendly products

Geographic ExpansionLong term

To increase market presence in Asia

Operational EfficiencyShort term

To improve profitability

Geography

Q4/2025

Suominen operates manufacturing facilities in Europe, North America, and South America, with a significant presence in Finland, Italy, Spain, and the USA. The company's key markets include the Americas, which account for 62% of revenue, and the EMEA region, contributing 38%. This geographic distribution allows Suominen to efficiently serve its global customer base and adapt to regional market demands.

Americas63 %
Other Europe36 %
Finland0.9 %
Other countries0.1 %

Share of the revenue the company reports by geography.

Risks

Suominen faces several risks, including market concentration, as a significant portion of revenue comes from a few large customers. Changes in consumer preferences towards sustainable products can impact demand. The company is also exposed to financial risks such as currency fluctuations and interest rates. Additionally, geopolitical tensions and climate change pose potential threats to operations and supply chains.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Geopolitical Tensions1Climate Change3Consumer Preference Changes4Financial Risks5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Geopolitical TensionsImpact: HighLikelihood: High

    Potential disruptions in supply chains

  2. Market ConcentrationImpact: High

    High reliance on a few large customers

  3. Climate ChangeImpact: MediumLikelihood: Medium

    Impact on raw material availability

  4. Consumer Preference ChangesImpact: MediumLikelihood: Low

    Shift towards sustainable products

  5. Financial RisksImpact: MediumLikelihood: Low

    Currency and interest rate fluctuations

Accounting

Judgemental items
Revenue Recognition

Impacts timing and amount of reported revenue

Impact: high

Currency Translation

Affects financial results due to international operations

Impact: medium

Seasonality

Influences quarterly revenue and cost analysis

Impact: medium

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Last updated: 24/09/2026