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Unveiling Suominen's Insightful Annual Report for 2024

Unveiling Suominen's Insightful Annual Report for 2024

Suominen Corporation Releases Annual Report for 2024

On this day, Suominen Corporation has proudly unveiled its Annual Report for the year 2024. This report serves as a comprehensive reflection of the company's performance, encapsulating essential insights from various reports that are crucial for shareholders and stakeholders alike.

Key Components of the Annual Report

The Annual Report features a detailed account by the Board of Directors, which includes an informative Sustainability Statement. These elements aim to provide transparency and accountability regarding Suominen's business strategies and their impact on the environment.

Financial Performance Overview

Within the report, you will find the Financial Statements for 2024, showcasing Suominen’s net sales which reached a remarkable EUR 462.3 million. This performance exemplifies the company’s efforts to grow amid evolving market challenges.

Compliance and Assurance

In addition to financial disclosures, the report includes an Auditor’s report and a thorough Assurance report on the Sustainability Statement. The audit firm Ernst & Young Oy fulfilled the role of an independent auditor, providing reasonable assurance on the compliance of Suominen's ESEF Financial Statements with global standards.

Sustainability at the Core

Suominen is committed to sustainability, and this is reflected in the preparation of their sustainability statement. The statement complies with the Finnish Accounting Act, the European Sustainability Reporting Standards (ESRS), and the EU Taxonomy regulation, emphasizing the company’s dedication to responsible business practices.

Sustainability Innovations

As a manufacturer of nonwovens, Suominen focuses on creating innovative solutions that meet the growing demands of sustainability. By leading in nonwoven innovations, the company contributes positively to the environment while also enhancing the functionality of its products used in everyday life around the globe.

Accessibility of the Annual Report

The Annual Report is readily accessible on Suominen's official website, allowing stakeholders and interested parties to review the document in both Finnish and English. This ensures that critical information is available to a wide audience, fostering inclusiveness and transparency.

Formats and Attachment Information

The report is available in different formats, including PDF and xHTML, adhering to the European Single Electronic Format (ESEF) reporting requirements. This multi-format approach not only complies with regulations but also enhances user experience by providing easy access to relevant information.

Contact Information for Inquiries

For additional inquiries regarding the Annual Report or other corporate communications, interested individuals can reach out to Minna Rouru, the Chief People & Communications Officer, via phone at +358 40 526 1975. Suominen values communication and is ready to assist with any questions.

Frequently Asked Questions

What is included in Suominen's Annual Report for 2024?

The report comprises the Report by the Board of Directors, Financial Statements, Sustainability Statement, and the Auditor’s report, among other essential documents.

How does Suominen demonstrate its commitment to sustainability?

Suominen prepares its sustainability statement in accordance with various regulations and focuses on nonwoven innovations that promote environmental welfare.

Where can I find Suominen’s Annual Report?

The Annual Report is available on Suominen’s official website in both Finnish and English, accessible for all stakeholders.

Who conducted the audit for Suominen's Financial Statements?

The independent audit for the Financial Statements was conducted by Ernst & Young Oy, ensuring compliance with international assurance standards.

How can I contact Suominen for further information?

You can contact Minna Rouru at +358 40 526 1975 for any inquiries regarding the Annual Report or corporate communications.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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