UPM-Kymmene Oyj
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UPM will release its Financial Statements for 2024 on February 5, 2025, between 09:30 and 10:00 EET. The report will be accessible on their website. A webcast and conference call for analysts and investors will follow at 13:15 EET, with presentations by President and CEO Massimo Reynaudo and CFO Tapio Korpeinen. Participants can view the webcast online or register for the conference call to ask questions. The webcast will be available on the UPM website for 12 months. UPM focuses on renewable and responsible solutions across six business areas and is committed to climate change mitigation. The company employs 16,600 people globally, with annual sales of approximately EUR 10.5 billion, and its shares are listed on Nasdaq Helsinki Ltd.
UPM-Kymmene Corporation announced that Susanna Rinne will take on the role of interim Executive Vice President of the UPM Plywood business area starting January 1, 2025. This change follows the appointment of the current Executive Vice President, Mika Kekki, to lead the UPM Specialty Papers business area from the same date. Susanna Rinne, born in 1970, is currently the Vice President of Strategy & Business Development at UPM Plywood and has been with the company since 1995. The recruitment process for a permanent Executive Vice President for UPM Plywood is ongoing. UPM operates across six business areas and is committed to sustainable and responsible solutions, employing 16,600 people globally with annual sales of approximately EUR 10.5 billion. The company's shares are listed on Nasdaq Helsinki Ltd.
UPM Raflatac has announced the permanent closure of its Kaltenkirchen factory in Germany to enhance efficiency and productivity. The closure will occur in stages throughout 2025, affecting 154 positions. Label material production will be moved to UPM Raflatac’s factories in Poland and Finland, while graphics solutions production will be transferred to Belgium. These changes aim to boost growth in the Films and Graphics business by improving profitability and maximizing synergies. The company plans to centralize production in more cost-effective locations to enhance product quality and customer service. UPM Raflatac is part of UPM, a company focused on renewable and responsible solutions, with operations across six business areas and annual sales of approximately EUR 10.5 billion.
UPM-Kymmene Corporation has announced its financial reporting schedule for 2025. The Financial Statements Release for 2024 will be published on February 5, 2025. The Interim Reports for Q1, Q1-Q2, and Q1-Q3 will be released on April 24, July 24, and October 29, 2025, respectively. The Annual Report for 2024, including financial statements and a sustainability statement, will be available online in English and Finnish during week 10 of 2025. The Annual General Meeting is scheduled for March 27, 2025, in Helsinki, Finland. UPM is committed to sustainable solutions and climate change mitigation, operating across six business areas with 16,600 employees and annual sales of approximately EUR 10.5 billion. Their shares are listed on Nasdaq Helsinki Ltd.
UPM-Kymmene Corporation announced that Mika Kekki will be appointed as Executive Vice President of UPM Specialty Papers starting January 1, 2025. He will remain part of UPM's Group Executive Team and report to CEO Massimo Reynaudo. Currently, Kekki is the Executive Vice President of UPM Plywood, a role he will hold until the end of 2024. He has been with UPM since 1994 and joined the Group Executive Team in 2021. Massimo Reynaudo praised Kekki's leadership and performance focus. Kekki will replace Jaakko Nikkilä, who is leaving UPM to pursue other opportunities. Nikkilä has been credited with significantly growing UPM Specialty Papers, particularly in Asia. The search for Kekki's successor at UPM Plywood will begin immediately. UPM is committed to renewable solutions and climate change mitigation, employing 16,600 people globally with annual sales of approximately EUR 10.5 billion.