Label and Graphic Materials - Reported sales increased 25% to $1.4 billion. Compared to prior year, sales were up 17% ex. currency (up 11% vs. 2019) and up 16% on an organic basis (up 11% vs. 2019). *Label and Packaging Materials sales were up approximately 12% from prior year on an organic basis, with strong growth in both the high value product categories and the base business. *Sales increased by approximately 49% organically in the combined Graphics and Reflective Solutions businesses. *On an organic basis, sales were up high-single digits in North America, up mid-teens in Western Europe, and up approximately 20% in emerging markets. Retail Branding and Information Solutions - Reported sales increased 80% to $529 million. Compared to prior year, sales were up 73% ex. currency (up 25% vs. 2019) and up 72% on an organic basis (up 14% vs. 2019), reflecting strong growth in both the high value categories and the base business. *Intelligent Labels was up approximately 65% organically. Industrial and Healthcare Materials - Reported sales increased 49% to $197 million. Compared to prior year, sales were up 39% ex. currency (up 11% vs. 2019) and up 33% on an organic basis (up 6% vs. 2019), reflecting an approximately 60% increase in industrial categories and a high-single digit decline in healthcare categories.

Ahlstrom-Munksjö is investing in new technology and converting its existing boilers at its Mosinee and Rhinelander plants in Wisconsin, United States, to reduce its carbon emissions and landfill waste. These investments at the Mosinee production plant will enable a reduction in its carbon footprint by an estimated 20%, and a reduction of landfill waste by more than 10%. The project is estimated to be completed at the end of the second quarter in 2023. In addition, the Rhinelander production plant is expected to reduce CO2 emissions by an estimated 14% and landfill waste by more than 50%. A new energy center and associated buildings at Rhinelander will consolidate and simplify energy operations, enabling the plant to house a future boiler and a heat recovery steam generator. The project will commence immediately and is estimated to be completed in the third quarter of 2023.  

The Fedrigoni Group, one of the world's leading manufacturers of special papers, self-adhesive materials, and RFID solutions, announces the acquisition of certain assets of Mohawk Fine Papers, Inc., the company it entered into an industrial partnership with last September 2022 to strengthen the distribution of specialty fine papers in the North American market. The transaction was finalized through a NewCo incorporated by Fedrigoni to acquire Mohawk's assets in a sale process initiated by a financial institution, following a period of significant financial distress that affected the U.S.-based company in the past months. The transaction entirely cleared the new company from existing indebtedness, allowing to preserve the majority of existing jobs, industrial activities and customer relationships. Founded in 1931, Mohawk is a family-owned company that produces some of the best-known specialty papers for designers, brands, and printers and that - like Fedrigoni - has strongly innovated in the field of digital printing and sustainability. The sharing of core values such as solid know-how and a focus on innovation and environmental impact reduction led to the acquisition of this firm, which becomes part of the Fedrigoni Special Papers division and represents an important piece in the group's overseas growth strategy.