Ahlstrom restates financial segment reporting for 2013 based on dividing its former food and medical business area into two separate sections as of Jan. 1, 2014; change is aimed at focusing on each business, to address growth and profitability issues
April 1, 2014
– Ahlstrom, a global high performance fiber-based materials company, made changes to its financial segment reporting as of January 1, 2014 as the former Food and Medical business area was divided into two separate segments: Food business area and Medical business area.
With this change, Ahlstrom aims to strengthen its focus on the food and medical applications and to address the growth and profitability issues in these businesses.
Ahlstrom's business areas as of January 1, 2014 have been the following:
In addition to Trading and New Business, these five business areas form Ahlstrom's financial reporting segments.
Ahlstrom's financial reporting will be aligned with this change starting from the January-March 2014 interim report, to be published on April 29, 2014. The restated segment figures for 2013 are presented in the tables below and in the attached file. Group-wide figures are unchanged. Restatements for earlier periods have not been made.