Nasdaq CopenhagenIFRS · DKK

FIBERTEX NONWOVENS A/S

FIBERTEX NONWOVENS A/S is a Denmark-based manufacturer of nonwoven technical textiles used in industrial and consumer applications. The company produces engineered nonwoven materials and related textile solutions for customers that need absorbency, filtration, strength, insulation, or surface-performance properties.

Revenue2,255m DKK
+0.3 %y/y
Operating profit (EBIT)50.4m DKK
−39.9 %y/y
EBIT margin2.2%
−1.5 ppy/y
Net income-57.2m DKK
−75.7 %y/y
Free cash flow-53.3m DKK
−322.0 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

05001,0001,5002,0002,500m DKK2020: 1,791 m DKK2020: EBIT 166 m DKK20202021: 1,814 m DKK2021: EBIT 130 m DKK20212022: 2,060 m DKK2022: EBIT 11 m DKK20222023: 2,158 m DKK2023: EBIT 72 m DKK20232024: 2,247 m DKK2024: EBIT 84 m DKK20242025: 2,255 m DKK2025: EBIT 50 m DKK20252,25550
RevenueOperating profit (EBIT)

Business

Share of revenue
Technical nonwovens45 %

Engineered nonwoven fabrics used as functional inputs in industrial and consumer products.

Hygiene and absorbent substrates30 %

Soft, absorbent nonwoven materials used in wipes, hygiene, and personal-care products.

Industrial filtration and media15 %

Nonwoven materials designed for filtration, reinforcement, and performance separation uses.

Custom development and specialty materials10 %

Tailored nonwoven constructions developed to customer specification for niche end uses.

Customers

The company sells mainly to industrial customers that convert nonwoven rolls or sheets into finished goods, as well as brand owners and private-label manufacturers that specify performance, softness, or absorbency requirements. Its customers typically buy on the basis of material consistency, technical performance, and supply reliability rather than commodity pricing alone.

Hygiene and wipes manufacturers

Buy absorbent nonwoven substrates for wipes and related hygiene products where softness and fluid handling matter.

Industrial converters

Purchase nonwoven rolls for downstream conversion into industrial, cleaning, or specialty products.

Filtration and technical materials customers

Source engineered media for separation, reinforcement, and performance applications.

Brand owners and private-label suppliers

Buy to specified performance standards for consumer-facing products with recurring demand.

Strategy

The company’s strategic position depends on maintaining product performance, manufacturing consistency, and customer-specific development capabilities in nonwoven materials. In this market, long-term customer relationships, process know-how, and the ability to tailor materials for end uses are central to retaining business and defending margins.

Product differentiationMedium term

Technical performance and customization help the company avoid pure commodity competition.

Customer retentionShort term

Recurring industrial supply relationships are important in nonwoven markets with specification-driven demand.

Operational consistencyShort term

Stable quality and production reliability are critical when customers integrate materials into downstream production lines.

Geography

FIBERTEX NONWOVENS A/S is headquartered in Denmark and serves customers through an international manufacturing and sales footprint. Its business is exposed to cross-border sourcing, logistics, and customer demand patterns because nonwovens are typically sold into wider European and global supply chains.

Risks

The company is exposed to demand swings in hygiene and industrial end markets, where customer order patterns can shift with inventory cycles and broader manufacturing activity. It also faces input-cost, logistics, and foreign-exchange risks because nonwoven production depends on polymer-based or fiber inputs and cross-border supply chains.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Raw material cost volatility1Demand cyclicality in end markets2Supply chain and logistics disruption3Foreign exchange exposure4
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Raw material cost volatilityImpact: HighLikelihood: High

    Nonwoven production is sensitive to fiber, polymer, and energy costs.

    Exposure: Gross margin and pricing power

  2. Demand cyclicality in end marketsImpact: HighLikelihood: Medium

    Nonwoven demand depends on downstream hygiene and industrial customers, which can order irregularly.

    Exposure: Sales volumes and plant utilization

  3. Supply chain and logistics disruptionImpact: MediumLikelihood: Medium

    Cross-border manufacturing and delivery can be affected by transport delays and service interruptions.

    Exposure: Customer service and working capital

  4. Foreign exchange exposureImpact: MediumLikelihood: Medium

    International sales and any foreign subsidiaries can create translation and transaction effects.

    Exposure: Reported earnings and equity reserves

Accounting

Judgemental items
Foreign currency translation reserve

The annual report references reserves for exchange differences from foreign subsidiaries.

Impact: Affects equity and comprehensive income rather than operating profit

Inventory valuation

Manufacturing groups must assess obsolescence and net realizable value for finished goods and materials.

Impact: Can create write-downs when demand or prices weaken

Depreciation of production assets

Plant-heavy textile manufacturing requires depreciation estimates and useful-life judgments.

Impact: Affects cost of sales and operating earnings

Publicly listed companies with a comparable business focus.

Last updated: 24/10/2026