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Annual Report 2025

Read about our history and heritage, last year’s performance and activities, and our future direction on our Annual Report 2025.

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Sustainable long-term value

We are long-term owners with a Strategic Core built around industrial companies in the Forest & Fiber and the Environmental Technology sectors.

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Ahlström celebrates 175 years in 2026

Our history dates back to 1851, when Antti Ahlström started his business.

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Building on a legacy of 175 years, Ahlström is a long-term industrial owner, developing leading global specialist positions in Forest & Fiber and Environmental technology sectors. Our goal is to create a better world for future generations through sustainable value creation.

We are guided by our fundamental values of Ambition and Responsibility, set by our founders Eva and Antti Ahlström, seven generations ago. Combined with a forward-looking business mindset, these values help us succeed as markets and societies evolve. In 2026, Ahlström celebrates its 175 years history.

Latest news

24.03.2026 – Annual Report

A. Ahlström has published its Annual Report for 2025

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13.03.2026 – Appointment

Timo Riikonen appointed as Group CFO and Investment Director

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05.03.2026 – News

Proposal on the composition of the Board of Directors

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Industrial ownership both in listed and non-listed companies – with our industrial expertise, entrepreneurial tradition and sustainable long-term ownership.

Read more about industrial ownership

We actively develope our real estate portfolio and constantly monitor the real estate market in Finland for new investment opportunities.

Read more about real estate

We have long traditions in sustainable forest business. We manage and utilise our forests in an ecologically, economically and socially sustainable manner.

Read more about forests