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Uponor Oyj (UPONOR.HE)

UPONOR.HE on Helsinki Stock Exchange

16.42EUR
8 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Uponor Q3 ‍operating profit rises to EUR 40.4 mln
Friday, 27 Oct 2017 

Oct 27 (Reuters) - UPONOR OYJ :Q3 NET SALES EUR ‍317.5​ MILLION (REUTERS POLL: EUR 300 MILLION).‍UPONOR REPEATS ITS EARLIER, FULL-YEAR GUIDANCE FOR 2017​.Q3 ‍OPERATING PROFIT AT EUR 40.4 (25.1) MILLION, UP 60.9%, MAINLY DRIVEN BY HIGHER NET SALES AND COST SAVINGS​.  Full Article

Uponor Q2 operating profit EUR 26.5 million, above expectations
Tuesday, 26 Jul 2016 

Uponor Oyj : Q2 net sales 299.5 million euros ($329.48 million) versus 290 million euros in Reuters poll . Q2 operating profit 26.5 million euros (Reuters poll 21.9 million euros) . Q2 operating profit up 18 pct y/y driven by Building Solutions – Europe and Uponor Infra .Reiterates its full-year guidance - sees 2016 net sales and comparable operating profit to improve from 2015.  Full Article

Uponor and Belkin form JV for intelligent water sensing technology
Wednesday, 25 May 2016 

Uponor Oyj : Says the company and Belkin International, Inc form joint venture (JV) to pioneer in intelligent water sensing technology . Closing of this partnership agreement is expected to happen during July 2016 . New partnership to be called Phyn . Parties to establish two joint venture companies - first JV will operate in US and second one in Europe, at a later stag . Says will initially invest $15 million in exchange of a 37.5 pct shareholding in companies . Has an option to invest an additional $10 million and increase its shareholding in Phyn to 50 pct . Investment will impact Uponor's cash flow in Q2 2016 but has no impact on profit guidance for 2016 .  Full Article

Uponor repeats FY 2016 guidance
Friday, 29 Apr 2016 

Uponor Oyj:Repeats FY 2016 guidance.Sees FY 2016 net sales and operating profit (ex-items) to improve from FY 2015, assuming that economic development in Uponor's key geographies otherwise continues undisturbed.Reported revenue of 1.05 billion euros in FY 2015.FY 2016 revenue 1.10 billion euros-Thomson Reuters I/B/E/S.  Full Article

Uponor issues FY 2016 outlook; proposes dividend of EUR 0.44/shr
Friday, 12 Feb 2016 

Uponor Oyj:FY 2016 net sales and operating profit (excluding any non-recurring items) are expected to improve from FY 2015.Proposes to annual general meeting a dividend of 0.44 euro (0.42) per share.Reported FY 2015 net sales 1.05 billion euros and operating profit 71.4 million euros.FY 2016 revenue 1.07 billion euros and operating profit 89.00 million euros - Thomson Reuters I/B/E/S.  Full Article

Uponor raises FY 2015 forecast
Tuesday, 26 Jan 2016 

Uponor Oyj:Says Q4 2015 net sales and operating profit developed better than anticipated as demand for Uponor's solutions exceeded expectations in key European markets​.Consolidated FY 2015 net sales is estimated to be close to 1,050 million euros (FY 2014: 1,024 million euros)​.FY 2015 reported operating profit is estimated at around 71 million euros (FY 2014: 63.4 million euros)​.Operating profit for FY 2015 will be burdened by non-recurring costs from previously announced restructuring programs at about 6.2 million euros.Operating profit also includes gains from the divestments of Uponor Infra's Thai and Extron units and its sale of the Omega-Liner business, totalling 1.9 million​ euros.FY 2015 revenue 1,043 million euros, EBIT 65.19 million euros-Thomson Reuters I/B/E/S.  Full Article

Uponor Oyj concludes co-determination negotiations in Finland
Tuesday, 19 Jan 2016 

Uponor Oyj:Uponor Corporation's Finnish subsidiaries Uponor Infra Oy and Uponor Suomi Oy have concluded the co-determination negotiations in Finland.‍As a result, a total of 126 employment contracts will be terminated, a clearly lower number than originally planned​.Reductions should be made by Sept. 2016 at latest​.  Full Article

Uponor Oyj acquires start-up company specializing in water monitoring
Thursday, 7 Jan 2016 

Uponor Oyj:Acquired the entire shareholding in a Finnish start-up company, NWater Oy, specializing in online water monitoring.The technology is still in a development phase, but Uponor targets commercialization of the technology in the next couple of years.The sellers are five private Finnish shareholders, two of whom will stay in the business.No further details of the transaction are disclosed.  Full Article

Uponor Oyj closes German acquisitions
Monday, 4 Jan 2016 

Uponor Oyj:Uponor Holding GmbH has closed the acquisition of all of the shares in two German companies, Delta Systemtechnik GmbH and the KaMo Group, as announced on Nov. 30.  Full Article