Company Profile For UPM-Kymmene Oyj

UPM-Kymmene Oyj (UPM1V.HE) (Helsinki Stock Exchange)
sector: Basic Materials · industry: Paper Products ·
As of  10:40am GMT
8.84EUR
Price Change
+0.07
Percent Change
+0.80%
 
 
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Overview

UPM-Kymmene Corporation (UPM) is a global paper and forest products company. The Company is engaged in the production of paper, with an emphasis on the manufacture and sale of printing and writing papers. The Company operates in three business groups: Energy and Pulp, Paper and Engineered materials. The Company has production facilities in 14 countries and its main market areas are Europe and North America. UPM’s activities are centered in the European Union countries and North America, and Asia. The Company’s activities are based on close integration of raw materials, energy and production. In March 2009, the Company sold its Ella Store Labels business to MariCap Group's Finnish affiliate MariSense Ltd.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, UPM-Kymmene Corporation's total revenue decreased 22% to EUR5.64B. Net loss for the period totaled EUR126M, vs. a net profit of EUR108M. Total revenue reflects decreased sales in the Forest & Timber-, Paper-, Label- and Plywood- business segments. Net loss for the period reflects decreased operating margin due to the loss from the share of results in associated companies and joint ventures.

Company Address

UPM-Kymmene Oyj
Etelaesplanadi 2
P.O. Box 380
Helsinki     00101
P: +358204.15111
F: +358204.15110

Total Employees

23180

Find Out More About UPM1V.HE

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