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    UPM   FI0009005987

UPM-KYMMENE OYJ

(UPM)
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UPM Kymmene Oyj : Raflatac has completed employee consultation processes

06/29/2021 | 03:14am EDT

UPM Raflatac announced in October 2020 its plans to simplify its organisation and increase efficiency in operations and distribution. All related employee consultation processes in various European countries have now been completed. As a result, the number of positions at UPM Raflatac will decrease by 129.

UPM Raflatac provides support for employees who are affected by the reductions.

For further information please contact:
Antti Jääskeläinen, Executive Vice President, tel. +358 2041 67804

UPM, Media Relations
Mon-Fri 9:00-16:00 EET
tel. +358 40 588 3284
media@upm.com

UPM
We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. As the industry leader in responsibility we are committed to the UN Business Ambition for 1.5°C and the science-based targets to mitigate climate change. We employ 18,000 people worldwide and our annual sales are approximately EUR 8.6 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore - Beyond fossils. www.upm.com

Follow UPM on Twitter | LinkedIn | Facebook | YouTube | Instagram | #UPM #biofore #beyondfossils


Disclaimer

UPM-Kymmene Oyj published this content on 29 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 June 2021 07:13:45 UTC.


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Financials
Sales 2021 9 495 M 11 131 M 11 131 M
Net income 2021 1 077 M 1 262 M 1 262 M
Net Debt 2021 1 399 M 1 640 M 1 640 M
P/E ratio 2021 15,4x
Yield 2021 4,22%
Capitalization 16 576 M 19 423 M 19 432 M
EV / Sales 2021 1,89x
EV / Sales 2022 1,87x
Nbr of Employees 17 874
Free-Float 97,2%
Chart UPM-KYMMENE OYJ
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Technical analysis trends UPM-KYMMENE OYJ
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 31,08 €
Average target price 36,43 €
Spread / Average Target 17,2%
EPS Revisions
Managers and Directors
Jussi Pesonen President & Chief Executive Officer
Tapio Juhani Korpeinen Chief Financial Officer & Executive Vice President
Bj÷rn Arne Christer Wahlroos Chairman
Jyrki Ovaska Executive Vice President-Technology
Berndt Harald Brunow Deputy Chairman
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