[pageLogInLogOut]

#Nonwovens

Suominen AGM 2026: no dividend, Board composition confirmed, share buyback authorized

Suominen Corporation has held its Annual General Meeting (AGM) on April 15, 2026 as a remote meeting without a physical venue. The AGM adopted the Financial Statements for 2025 and discharged the members of the Board of Directors as well as the President and CEO from liability for the financial year. The AGM also approved the Remuneration Report for 2025 in line with the existing Remuneration Policy, with the resolution being advisory.

Regarding the use of profits, the AGM decided not to distribute a dividend for the 2025 financial year. Instead, distributable funds will remain in the company’s unrestricted equity.

Board remuneration remains unchanged. Annual fees are set at EUR 74,000 for the Chair, EUR 45,000 for the Deputy Chair and EUR 35,000 for other members, with additional fees for committee roles and meeting participation. A total of 75% of the remuneration is paid in cash and 25% in company shares.

The number of Board members was confirmed at six. Andreas Ahlström, Gail Ciccione, Maija Joutsenkoski, Nina Linander and Laura Remes were re-elected, while Ville Vuori was elected as a new member and Chair of the Board. All members are independent of the company, with specified exceptions regarding major shareholder connections.

KPMG Oy Ab was re-elected as auditor and sustainability auditor, with Anders Lundin acting as the responsible auditor. Fees will be paid according to approved invoices.

The AGM authorized the Board of Directors to repurchase up to 1,000,000 of the company’s own shares (approximately 1.7% of all shares) and to decide on share issuances, option rights and other special rights for up to 8,000,000 shares (approximately 13.7%). Both authorizations are valid until June 30, 2027.

Following the AGM, the Board held its organizing meeting and elected Andreas Ahlström as Deputy Chair. Committee compositions were also confirmed, and the temporary Strategy Committee established in 2023 was discontinued.

The minutes of the AGM will be available on the company’s website by April 29, 2026.



More News from Suominen Corporation

#Nonwovens

Change in Suominen Leadership Team: Minna Rouru to pursue new opportunities outside the company

Suominen Chief People and Communications Officer (CPCO) Minna Rouru has announced her decision to leave Suominen to take on a role in another company. She will leave Suominen at the latest on August 26, 2026. The CPCO succession process has been initiated and will be announced in due course.

#Nonwovens

Suominen launches three-year profitability improvement program and introduces new operating model and leadership team

Suominen is launching a three-year program to improve the company’s profitability. The Full Potential Program targets 10% EBITDA by 2028. Suominen is also introducing a new functional operating model, with a dedicated focus on customers and factories, designed to strengthen expertise and effectiveness.

#Nonwovens

Suominen reports weaker 2025 results amid market pressure and US supply incidents; no dividend proposed

Suominen Corporation has published its unaudited Financial Statements Release for January 1–December 31, 2025, describing the year as an “unsatisfactory performance in a challenging environment”. Net sales and profitability declined year-on-year, reflecting lower volumes, adverse currency effects and intensified competition, while the company points to two significant incidents at its US facilities that constrained supply and weighed on both sales and profitability in the third and fourth quarters.

#Nonwovens

Francois Guetat joins Suominen as COO

Francois Guetat brings over two decades of global experience in operations, supply chain, and manufacturing excellence. Most recently, he served as SVP of Integrated Supply Chain at Kalmar, where he led business across sourcing, manufacturing, logistics and strategy. His leadership has been shaped by 22 years at Volvo, where he held key roles in Sweden, USA, and Poland.

More News on Nonwovens

#Nonwovens

Katharina Obergruber appointed to the Management Board of Sandler AG

The Supervisory Board of Sandler AG has appointed Katharina Obergruber to the company’s Management Board. Effective September 1, 2026, the Board will consist of Philipp Ebbinghaus (CEO), Dr. Ulrich Hornfeck (currently CCO, future COO), and Katharina Obergruber (CCO). Katharina Obergruber, currently Chief Sales Officer Hygiene and member of the Management Team of Sandler AG, will assume responsibility for all sales activities as Chief Commercial Officer. She will assume this role from Dr. Ulrich Hornfeck, who will focus primarily on production and supply chain topics.

#Functional Fabrics

Ahlstrom launches breathable ChemoGard BVB fabric to enhance protection and comfort in chemotherapy handling

Ahlstrom, a global leader in fiber-based specialty materials, announces today the launch of ChemoGard BVB, a breathable protective apparel fabric designed for chemotherapy drug handling in clinical, laboratory, and operating room environments.

#Associations

Sustainability: European industry calls on EU to keep Single-Use Plastics Directive unchanged

A broad coalition of European industry associations, including EDANA, Euratex and Plastics Europe, has urged EU institutions to maintain the current legal framework of the Single-Use Plastics Directive (SUPD). In a joint statement, the organisations argue that reopening the Directive at this stage would create legal uncertainty, increase regulatory complexity and undermine investment, while its implementation across the European Union is still incomplete.

#Nonwovens

EDANA announces five new board members following 2026 Annual General Meeting

The EDANA Board of Governors is elected or re-elected at the Annual General Meeting by the member companies. The Governors are senior executives (business leaders) from member companies, based in different countries and representing different sectors of the nonwovens industry. The Board has central responsibility for guiding EDANA's overall strategy and approving its policies and priorities. It meets three times a year.

Latest News

#Digital Printing

Where every detail counts: Experiential applications of DTF and UV-DTF printing

Personalisation has moved far beyond the traditional logo on a t-shirt. Today, brands want to create complete experiences, where every detail – from clothing and accessories to décor and packaging – feels distinctive and reflective of their identity.

#Europe

The Digital Product Passport registry is now live

On 20 July, the European Commission launched the Digital Product Passport Registry together with a testing environment, marking an important milestone in making the Digital Product Passport (DPP) a practical reality for businesses placing products on the EU market.

#Europe

EU ban on destroying unsold clothing and footwear now in force

The European Union's ban on the destruction of unsold clothing, clothing accessories and footwear has entered into force. Since July 19, 2026, large companies across the EU have been prohibited from destroying unsold textile products, while medium-sized companies will be required to comply with the same rules from 2030.

#Recycled Fibers

Eastman Naia™ brings its inside-out denim vision to Kingpins New York

Following its debut at Kingpins Amsterdam, Eastman Naia™ brings the next chapter of its denim story to Kingpins New York, taking place July 22–23. At Booth Green 7, Naia™ presents its denim proposition built around three complementary design directions: Performance Denim, Fashion Denim and Authentic Denim.

TOP