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#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.



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#Nonwovens

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#Nonwovens

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#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

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#Associations

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

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#Nonwovens

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#Nonwoven machines

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#Nonwovens

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#Recycling / Circular Economy

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#Weaving

Itema reaffirms its commitment to the Syrian textile industry at NasTex 2026

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#Textiles & Apparel / Garment

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