Ahlstrom publishes restated segment information for 2014 based on new business area structure
Ahlstrom, a high performance fiber-based materials company, simplified its organizational structure as of January 1, 2015. Following the change, the company’s business areas are:
– Filtration: The global leader in transportation filtration materials and a supplier of air and liquid filtration media, with a leading market position in life science, laboratory and gas turbine filtration materials.
– Building and Energy: One of the leading players globally for materials used in wallcoverings, floorings, windmill blades and specialty nonwovens.
– Food and Medical: One of the leading players globally for materials used in beverage and food packaging, masking tape and medical gowns and drapes.
The aim of the change is to enable faster decision-making and execution as well as stronger accountability within business areas.
The former Advanced Filtration and Transportation Filtration business areas were combined into one Filtration business area. The former Food and Medical business areas were combined into one Food and Medical business area. In addition, the Trading and New Business segment has been incorporated into the Building and Energy business area.
Ahlstrom’s financial reporting will be aligned with this change starting from the January-March 2015 interim report, to be published on April 28, 2015.