UPM-Kymmene Corporation Enhances Disclosure Policy and Profit Guidance Reporting Methods
On February 5, 2025, UPM-Kymmene Corporation announced a significant update to its Disclosure Policy, which will alter the company's approach to issuing profit guidance and outlooks. The Board of Directors has officially endorsed these changes, which reflect an effort to enhance transparency and provide investors with more precise insights into the company's financial performance.
The revised Disclosure Policy allows UPM to present numerical assessments regarding profitability and earnings within specified time frames as part of its financial statements, half-yearly, and quarterly reports. This means stakeholders can now expect to receive clearer indications of the company's financial trajectory, thereby enabling more informed investment decisions. Alongside numerical assessments, the updated policy also permits UPM to include verbal descriptions detailing the events and circumstances that influence its profit outlook, which will further clarify the rationale behind the guidance provided.
The company emphasizes that these adjustments are part of a broader commitment to operational transparency and corporate responsibility. UPM maintains a solid footing in various industries, showcasing its diverse portfolio that ranges from renewable materials to advanced energy solutions. As a leader in corporate responsibility, UPM aligns its initiatives with the UN's Business Ambition for 1.5°C, guiding its climate change mitigation strategies.
UPM's commitment to sustainability goes beyond mere compliance; it strives to innovate solutions for a future that does not rely on fossil fuels. The company operates across six primary sectors, demonstrating its versatility and capacity for growth within vital markets such as UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, and UPM Plywood.
Globally, UPM has approximately 16,600 employees, reinforcing its significant presence in the industry with annual sales estimated at around EUR 10.5 billion. This comprehensive upgrade to its Disclosure Policy is expected to resonate positively with investors and other stakeholders, fortifying their trust in UPM's future directions.
As of this announcement, the updated Disclosure Policy will be implemented immediately and can be accessed on UPM's official website at www.upm.com. The corporation encourages all interested parties to review this new policy to understand fully its implications and the strategic vision it reflects.
For more information or media inquiries, UPM's media relations team is available from Monday to Friday, 09:00 to 16:00 EET, and can be contacted via phone at +358 40 588 3284 or through email at [email protected].
This update marks a progressive step for UPM-Kymmene, as it seeks to blend corporate governance with transparency, ensuring a responsible approach to maintaining investor relations and financial integrity. As the company continues to evolve, stakeholders can anticipate regular updates that reflect UPM's ongoing commitment to excellence and sustainability in the business landscape.
The revised Disclosure Policy allows UPM to present numerical assessments regarding profitability and earnings within specified time frames as part of its financial statements, half-yearly, and quarterly reports. This means stakeholders can now expect to receive clearer indications of the company's financial trajectory, thereby enabling more informed investment decisions. Alongside numerical assessments, the updated policy also permits UPM to include verbal descriptions detailing the events and circumstances that influence its profit outlook, which will further clarify the rationale behind the guidance provided.
The company emphasizes that these adjustments are part of a broader commitment to operational transparency and corporate responsibility. UPM maintains a solid footing in various industries, showcasing its diverse portfolio that ranges from renewable materials to advanced energy solutions. As a leader in corporate responsibility, UPM aligns its initiatives with the UN's Business Ambition for 1.5°C, guiding its climate change mitigation strategies.
UPM's commitment to sustainability goes beyond mere compliance; it strives to innovate solutions for a future that does not rely on fossil fuels. The company operates across six primary sectors, demonstrating its versatility and capacity for growth within vital markets such as UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, and UPM Plywood.
Globally, UPM has approximately 16,600 employees, reinforcing its significant presence in the industry with annual sales estimated at around EUR 10.5 billion. This comprehensive upgrade to its Disclosure Policy is expected to resonate positively with investors and other stakeholders, fortifying their trust in UPM's future directions.
As of this announcement, the updated Disclosure Policy will be implemented immediately and can be accessed on UPM's official website at www.upm.com. The corporation encourages all interested parties to review this new policy to understand fully its implications and the strategic vision it reflects.
For more information or media inquiries, UPM's media relations team is available from Monday to Friday, 09:00 to 16:00 EET, and can be contacted via phone at +358 40 588 3284 or through email at [email protected].
This update marks a progressive step for UPM-Kymmene, as it seeks to blend corporate governance with transparency, ensuring a responsible approach to maintaining investor relations and financial integrity. As the company continues to evolve, stakeholders can anticipate regular updates that reflect UPM's ongoing commitment to excellence and sustainability in the business landscape.
Topics General Business）
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