UPM is committed to continuous improvement in its financial, social and environmental performance. At the business area level, UPM aims for top performance in its respective markets compared with peers.
UPM invests to expand its businesses with strong long-term fundamentals and sustaibnable competitive advantage. The company has clear long-term return targets for its businesses. Earnings growth is prioritised over top-line growth.
UPM’s expertise in renewable and recyclable materials, low-emission energy and resource efficiency is the key to developing new, sustainable businesses with high added value and unique competitive advantage.
UPM's responsible operations and value chain, and drive in finding new sustainable solutions mitigate risks, create competitive advantages, open new growth opportunities and help in answering some of the global challenges.
Increasing the share of sustainable growth businesses improves the company’s long-term profitability and boosts the value of the shares.
Strong cash flow enables focused growth investments, focused M&A, new business development
as well as attractive dividends to UPM shareholders.
An industry-leading balance sheet mitigates risks and enables UPM to accelerate its business
portfolio transformation, when the opportunity
and timing are right.
Attractive dividend UPM aims to pay an attractive dividend, 30-40% of the company’s annual operating
cash flow per share. The dividend for 2017 was EUR 1.15 per share, representing 39% of operating cash flow per share.