UPM Plywood​

UPM Plywood offers plywood and veneer products, mainly for construction, vehicle flooring and LNG shipbuilding, as well as other manufacturing industries. UPM is the leading plywood supplier in Europe, with production facilities in Finland, Estonia and Russia.

​Our direction

  • Profitable growth through superior customer experience and operational excellence
  • Strengthen market position in selected businesses by increasing value and service offering

Our strengths

  • End-use, market and customer insight and superior customer service
  • Leading reliability of supply with consistent high quality
  • Leading supplier in demanding end-use segments
  • Strongest brand in the market — WISA®
  • Operational excellence through competent personnel

UPM Plywood value created

Important Image

Growth drivers

  • Building and construction activity in Europe
  • Road transportation in Europe
  • LNG carrier and terminal investments globally
  • Light vehicle transportation in urban areas through e-commerce


Key figures

​Sales, EURm ​484
​Comparable EBIT, EURm​62
​as % of sales ​12.8
​Capital employed (average), EURm​267
​Comparable ROCE, %​23.1
​Personnel 31.122,454


Business areas

Driving for top performance in all business areas

UPM as an investment

Targeting attractive total return

Financial targets

Profitability improved in 2017