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Extensive research

Waiting for a trend change

By Antti ViljakainenHead of Research
Suominen
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We retain our 3.50 euro target price and reduce recommendation for Suominen. We estimate that Suominen’s earnings will recover from difficult years of 2016 and 2017, where critical elements are pricing, product mix transformation, and production ramp-up in Bethune. However, we consider short term valuation too high given major uncertainty over the speed of profit recovery in challenging trading conditions. Medium term potential remains but we are not willing to stretch short term valuation at this point.

Suominen is a manufacturing company. The company manufactures and develops a wide range of wipes, hygiene products and medical applications. The manufacturing is based on non-woven fabrics that can be used for various purposes. Customers are found in several industries, with the largest operations in Europe and North America. The company has its headquarters in Helsinki.

Read more on company page

Key Estimate Figures2018-07-03

201718e19e
Revenue426.0433.3459.4
growth-%2.2 %1.7 %6.0 %
EBIT (adj.)15.016.024.6
EBIT-% (adj.)3.5 %3.7 %5.4 %
EPS (adj.)0.270.140.26
Dividend0.110.110.12
Dividend %2.5 %6.7 %7.3 %
P/E (adj.)16.411.86.3
EV/EBITDA9.94.63.5

Forum discussions

I agree, and it’s definitely worth listening to if Suominen interests you at all. I don’t know if even Charles can turn this around, but at ...
10/30/2025, 7:42 AM
by Rauli_Juva
3
Rauli has prepared a new company report following Suominen’s Q3. Suominen’s Q3 report contained limited new information after the preliminary...
10/30/2025, 7:37 AM
by Sijoittaja-alokas
1
An impressive performance by Charles Héaulmé. It instilled confidence in the future. I bought Suominen shares. Seems like a good value - strong...
10/29/2025, 7:57 PM
2
Rauli interviewed Suominen’s new CEO Charles Héaulmé regarding Q3 Inderes Suominen Q3'25: Scaling company to the next level - Inderes Aika: ...
10/29/2025, 3:17 PM
by Sijoittaja-alokas
2
Rauli has published a new company report after the negative outlook. Suominen issued an expected profit warning regarding its results and stated...
10/15/2025, 7:07 PM
by Sijoittaja-alokas
2
Suominen revises outlook downwards Suominen Corporation, Inside Information, October 15, 2025, 2:30 p.m. EEST In its 2024 financial statements...
10/15/2025, 12:53 PM
by Sijoittaja-alokas
1
Rauli and Tomi discussed Suominen and its performance and attractiveness. Inderes Suominen: Laivan täytyy kääntyä - Inderes Aika: 19.09.2025...
9/19/2025, 1:35 PM
by Sijoittaja-alokas
0
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