[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

#CINTE Techtextil China 2026

Cinte Techtextil China 2026 wraps up successfully, setting stage for next-gen advancement across key applications

Asia’s premier trade fair for technical textiles and nonwovens delivered a vibrant and productive edition this year, bringing together key players from around the world. Featuring over 300 exhibitors from 15 countries and regions across 32,000 sqm, the platform drew nearly 19,000 visits from an increasingly diverse international audience spanning 86 represented markets.

#Nonwovens

INDA hires Ben Muller as executive director

INDA, the Association of the Nonwoven Fabrics Industry, announced that Ben Muller has joined the association as executive director. Muller brings more than 20 years of leadership experience spanning nonprofit organizations, corporations and trade associations.

#Nonwovens

25 years in the room: EDANA’s OUTLOOK™ returns to Cascais to shape a changing industry

The market does not wait, and it does not grant easy answers. Across the absorbent hygiene, personal care, and wipes sectors, business is undergoing a period of intense, necessary adjustment. New European rules on packaging, single-use items, product safety, and end-of-life are forcing companies to drop old assumptions about materials and performance. At the same time, producers must keep their goods safe, reliable, and affordable for the babies and aging adults, who rely on them every day.

#ITMA Asia + CITME 2026

ITMA Asia 2026: How Barmag is reshaping the future of man-made fiber production

The textile industry is entering a groundbreaking era. Manufacturers face rising energy prices, growing sustainability demands, increasing labor shortages, and an unprecedented need for flexibility. For a globally active textile industry, where competitiveness is closely linked to production efficiency and cost leadership, this means that technology is no longer merely a means of improving operational processes – it is increasingly becoming a strategic differentiator.

Latest News

#Knitting & Hosiery

KARL MAYER invites the Global Textile Industry to celebrate its 90th anniversary at its German Headquarters in 2027

KARL MAYER is turning its anniversary year 2027 into a milestone for the textile sector. To mark its 90th anniversary, the industry leader is inviting customers, partners, and experts from around the world to a unique event series in September aimed at pushing boundaries, unlocking new opportunities, and jointly setting the course for a new era in textiles – just as KARL MAYER has done throughout its history. The company’s headquarters in Obertshausen, near Frankfurt, is the place to be.

#Associations

ITMF names three winners of the Sustainability & Innovation Award 2026

Three projects from the UK, Korea and China have been selected as winners of the ITMF Sustainability & Innovation Award 2026. The projects address textile-to-textile recycling, chemical recycling for automotive textiles and a regenerative approach combining silk production with ecological restoration.

#Recycling / Circular Economy

nova-Institute launches groundbreaking Advanced Recycling Database for strategic market insight

The new Advanced Recycling Database reduces complexity by providing industry stakeholders with up-to-date expert-reviewed intelligence on companies, technologies, plants, capacities, locations, products and partnerships across the global advanced recycling landscape.

#Yarns

Durak Maxibalance thread supports users’ movement and balance comfort

Durak Tekstil, a leading brand in its industry, has developed Durak Maxibalance, a new product engineered with bio-ceramic and FAR IR technology. Ushering in a new era for sportswear, activewear, and medical textiles, this technology offers features designed to support balance and movement comfort by reflecting the energy absorbed from the body back into it.

TOP