On October 10, 2018, Ahlstrom-Munksjö announced it discontinues providing guidance on comparable EBITDA for 2018 due to the completion of the acquisition of Expera Specialty Solutions.

The former guidance on comparable EBITDA for 2018 did not incorporate the impact of the acquisitions of Expera Specialty Solutions and MD Papéis’ Caieiras specialty paper mill.

Ahlstrom-Munksjö reiterated its previous market outlook.

Market outlook

Demand for Ahlstrom-Munksjö’s fiber-based products is expected to remain stable at the current good level for most of the product segments and to reflect the seasonal pattern. 

Capital expenditure

The cash flow effect of current capital expenditure of fixed assets as well as strategic investments is expected to be approximately EUR 150 million in 2018 (EUR 89.7 million in 2017).

Former guidance for comparable EBITDA (published on July 26, 2018)

Comparable EBITDA in 2018 is expected to be slightly below the previous year’s level (pro forma EUR 290.4 million) hence gaining momentum in the second half of the year.

Updated: October 30, 2018.

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