(UPM, Helsinki, 1 September
2015) – UPM’s journey at the stock market started one hundred years ago. UPM's
predecessor companies Aktiebolaget Walkiakoski and Kymmene Ab were listed on the
Helsinki Stock Exchange in August-September 1915. The listing is a significant
example of Finnish industrialisation and economic growth as the First World War
created a boom for the Finnish industry. Forest industry companies wanted to
grow quickly and get additional funding for investments. Many significant
Finnish forest industry companies such as Kymi, United Paper Mills, Kaukas,
Kajaani, Schauman, Rosenlew, Raf. Haarla and Rauma-Repola have been merged into
the UPM Group along the years.
UPM today is a global bio and
forest industry company offering products made of renewable materials and
low-emission energy. With good performance in the businesses, strong cash flow,
and leading balance sheet in the industry, UPM can simultaneously distribute an
attractive dividend, implement focused growth projects and act on strategic
“Investors are always
interested in how the company is creating value now and in the future. We create
sustainable solutions and many of them replace non-renewable materials. We focus
on growing and renewing our businesses and developing new products. The most
recent example is renewable wood-based diesel launched in May”, says
Mika Mikkola, Vice President, Investor Relations.
Interest in the company in
transformation has continued. UPM's share is one of the most traded shares in
the Helsinki Stock Exchange. It has a wide, 67 percent foreign ownership, while
it has maintained a strong domestic private ownership. UPM has approximately
86,000 shareholders in Finland.
information: Mika Mikkola, Vice President, Investor Relations, tel.
+358 40 595 3202
Relations9.00-16.00 EETtel. +358 40
Through the renewing of the
bio and forest industries, UPM is building a sustainable future across six
business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM
Paper Europe and North America and UPM Plywood. Our products are made of
renewable raw materials and are recyclable. We serve our customers worldwide.
The group employs around 20,000 people and its annual sales are approximately
EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM – The Biofore
Company – www.upm.com