retail announcement

4th May 2024

Ontex Group saw a 4 per cent like-for-like revenue increase in Q1 FY24, reaching €460 million (~$495.5 million), boosted by a 10 per cent rise in adult care sales. Adjusted EBITDA climbed to €53 million, with the margin improving to 11.5 per cent. The operating profit for continuing operations doubled to €34 million from the previous year.

4th May 2024

Suominen reinforces its sustainable nonwovens leadership in the Americas with a €10 million investment to upgrade a production line in Bethune, South Carolina, US. Aligned with the company's strategy, the enhancement aims to meet growing demand for eco-friendly products while improving operational performance in safety, quality, and productivity.

3rd May 2024

Schouw & Co has experienced a strong start to 2024, with the earnings of first quarter (Q1) reaching DKK 625 million ($93.82 million), notably driven by BioMar's exceptional performance, yielding DKK 270 million ($38.85 million) in EBITDA. With a positive outlook, the Denmark-headquartered company anticipates sustained growth amidst market volatility.

3rd May 2024

Italian researchers, with EU funding, are using web-like structure of mushroom’s root system—the mycelium—as an alternative to synthetic fibres. The project called MY-FI at Mogu is developing non-woven fabrics made of mycelium fibres. The MY-FI mycelium needs very little soil, water or chemicals, giving it greener credentials than even natural...

2nd May 2024

Carefree expands its product range to include pads, providing comprehensive feminine care solutions. It features Veocel Lyocell fibres with Dry Technology for enhanced comfort and absorbency. This launch complements Carefree's existing liners, offering a complete feminine care system. The pads and liners regimen addresses multi-fluid and odour...

2nd May 2024

Kimberly-Clark Professional's 2024 Greenovation Awards recognise 56 companies for sustainability leadership, diverting 419,689 pounds of PPE from landfills through The RightCycle Programme. Since 2011, it has diverted over 5.5 million pounds of waste. Customers commend the programme's effectiveness, highlighting its role in achieving sustainability ...

1st May 2024

Ahlstrom refines strategy, streamlines divisions into filtration, life sciences, food packaging, protective materials. Enhanced capabilities address global trends: clean air, water, sustainable packaging, electrification. It strengthens Ahlstrom's position in the market, enabling it to better serve customers' needs and contribute to a more...

30th Apr 2024

Albany International reported a 16.4 per cent rise in net revenues, reaching $313.3 million in Q1 FY24. The machine clothing segment drove growth with a 20.9 per cent increase. Gross profit rose to $108.7 million, despite a drop in overall gross margin. Net income slightly increased to $27.3 million, and adjusted EBITDA grew by 8.3 per cent to...

30th Apr 2024

Andritz has enhanced Essity's tissue machine in England, optimising combustion control to reduce gas consumption by up to 4 per cent. This upgrade significantly lowers CO2 and NOx emissions, improving safety and sustainability. The collaboration underscores Andritz's commitment to supporting Essity in achieving efficient and eco-friendly tissue...