UPM is aiming higher in its financial performance
Top performance drives value creation and mitigates risk related to the business environment. Is also enables investments in growth, innovation and responsibility.
- Business areas target attractive long-term returns (ROCE %), which apply over investment and business cycles and enables value-creating growth investments.
At the group level, UPM is targeting comparable EBIT growth.
UPM aims to maintain a strong balance sheet. UPM’s financial policy on leverage is based on net debt/EBITDA ratio approximately 2 or less.
UPM aims for a 10% return on equity. ROE also takes into account the financing, taxation and capital structure of the group.
UPM aims to pay attractive dividends, targeting at least half of the comparable earnings per share over time.