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UPM-Kymmene

市场新闻

Reuters - 9小时前

Finland's Kymmene shares fall as weak demand prompts outlook cut

BUZZ-Finland's UPM-Kymmene shares fall as weak demand prompts outlook cut ** Shares in UPM-Kymmene UPM.HE fall more than 4% after the Finnish forestry firm cut its full year outlook, citing weak market demand, lower deliveries in H2 ** Stock is on track for its worst day in more than 8 months ** "During the second half of the year, UPM's earnings h
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Reuters - 10小时前

Finland's UPM lowers 2024 outlook on weaker-than-expected demand

UPDATE 2-Finland's UPM lowers 2024 outlook on weaker-than-expected demand Adds share reaction, quote from company in paragraph 3, background in paragraphs 6-8 COPENHAGEN, Oct 16 (Reuters) - Finnish forestry group UPM UPM.HE on Wednesday cut its profit outlook for 2024, citing lower pulp prices and weaker-than-expected market demand in the second half of this year, sending the company's shares down 3%.
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Reuters - 10小时前

UPM Lowers Its 2024 Outlook

BRIEF-UPM Lowers Its 2024 Outlook Oct 16 (Reuters) - UPM-Kymmene Oyj UPM.HE : PROFIT WARNING, INSIDE INFORMATION: UPM LOWERS ITS OUTLOOK DUE TO LOWER DELIVERIES IN MOST BUSINESSES AND DECREASED PULP PRICES DURING SECOND HALF OF YEAR, MARKET DEMAND FOR UPM'S PRODUCTS HAS BEEN WEAKER THAN EXPECTED LOWER DELIVERY VOLUMES IN MOST BUSINESSES COMPARABLE
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Reuters - 10小时前

Finland's UPM lowers 2024 outlook on weaker-than-expected demand

Finland's UPM lowers 2024 outlook on weaker-than-expected demand COPENHAGEN, Oct 16 (Reuters) - Finnish forestry group UPM UPM.HE on Wednesday cut its profit outlook for 2024, citing weaker-than-expected market demand in the second half of this year. Reporting by Louise Breusch Rasmussen, editing by Terje Solsvik
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Reuters - 1周前

Finnish forestry group UPM to cut up to 110 jobs

UPDATE 1-Finnish forestry group UPM to cut up to 110 jobs Adds detail on layoffs in paragraphs 2-3 COPENHAGEN, Oct 8 (Reuters) - Finnish forestry group UPM' s UPM.HE division UPM Fibres said on Tuesday it may cut up to 110 jobs in its Fibres Finland business to increase efficiency and maintain profitability. The division said in a statement it may also during the first half of 2025, depending on the market situation, temporarily lay off staff in its UPM Pulp and UPM Timber businesses.
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Reuters - 1周前

UPM Fibres Starts Change Negotiations In Finland

BRIEF-UPM Fibres Starts Change Negotiations In Finland Oct 8 (Reuters) - UPM-Kymmene Oyj UPM.HE : UPM FIBRES PLANS MEASURES TO SAFEGUARD PROFITABILITY AND STARTS CHANGE NEGOTIATIONS IN FINLAND UPM FIBRES PLANS POSSIBLE REDUCTION OF 110 POSITIONS POSSIBLE TEMPORARY LAYOFFS COULD TAKE PLACE ACCORDING TO MARKET SITUATION, IF AND AS NEEDED, BETWEEN 1 J
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Reuters - 1周前

Finnish forestry group UPM to cut up to 110 jobs

Finnish forestry group UPM to cut up to 110 jobs COPENHAGEN, Oct 8 (Reuters) - Finnish forestry group UPM UPM.HE said on Tuesday it would start change negotiations in Finland for its pulp and timber businesses to maintain profitability, and that it may cut up to 110 jobs. Reporting by Louise Breusch Rasmussen, editing by Anna Ringstrom
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Reuters - 2周前

Citi sees 'tepid' Q3 commentary for European paper and packaging, focus on 2025

BUZZ-Citi sees 'tepid' Q3 commentary for European paper and packaging, focus on 2025 ** Citi expects Q3 commentary by European paper and packaging firms to be "tepid" overall, with focus now on 2025 as the market awaits clearer signs of recovery ** It says absorption of new pulp supply and Chinese seasonality could renew momentum into 2025, while p
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Reuters - 2周前

UPM Raflatac, Eurostampa Collaborate On Envelope 2024 Project

BRIEF-UPM Raflatac, Eurostampa Collaborate On Envelope 2024 Project Sept 30 (Reuters) - UPM-Kymmene Oyj UPM.HE : UPM RAFLATAC AND EUROSTAMPA COLLABORATE ON ENVELOPE 2024 PROJECT Source text for Eikon: ID:nWkr2jGLN0 Further company coverage: UPM.HE (Gdansk Newsroom)
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Reuters - 3周前

European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Northvolt Sept 23 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of June: BANKS * DNB DNB.OL : The Norwegian lender said on Sept. 10 it would cut the equivalent of 500 full-time jobs over the next six months, as it prepares for lower interest rates and tougher competition ahead.
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Reuters - 4周前

UPM Biochemicals Is One Of First Customers To Get Lignin From Södra

BRIEF-UPM Biochemicals Is One Of First Customers To Get Lignin From Södra Sept 20 (Reuters) - UPM-Kymmene Oyj UPM.HE : UPM BIOCHEMICALS, SÖDRA ACCELERATE COMMERCIALISATION OF INNOVATIVE LIGNIN-BASED SOLUTIONS UPM BIOCHEMICALS IS ONE OF FIRST CUSTOMERS TO RECEIVE LIGNIN FROM SÖDRA Further company coverage: UPM.HE (Gdansk Newsroom)
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Reuters - 1个月前

Alstom, Siemens, Tesco

EUROPE RESEARCH ROUNDUP-Alstom, Siemens, Tesco Sept 13 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alstom, Siemens and Tesco, on Friday. HIGHLIGHTS * Alstom ALSO.PA : HSBC raises target price to EUR 26 from EUR 24 * Hexagon AB HEXAB.ST : HSBC cuts target price to SEK 110 from SEK 120 * Siemens AG SIEGN.DE : HSBC cuts target price to EUR 140 from EUR 150 * Tesco TSCO.L : Citigroup raises target price to 425p from 350p * Travis P
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Reuters - 1个月前

Banco, Shell, WH Smith

EUROPE RESEARCH ROUNDUP-Banco, Shell, WH Smith Sept 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Banco, Shell and WH Smith on Thursday. HIGHLIGHTS * ABN Amro Bank NV ABNd.AS : JP Morgan raises to neutral from underweight * Banco Bpm BAMI.MI : JP Morgan raises to neutral from underweight * Shell Plc SHEL.L : Berenberg cuts target price to 3,100p from 3,400p * UMG UMG.AS : Citigroup cuts target price to EUR 26 from EUR 29.50 *
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Reuters - 1个月前

Finnish forestry firms pledge to protect wildlife after endangered mussels crushed

Finnish forestry firms pledge to protect wildlife after endangered mussels crushed By Essi Lehto and Elviira Luoma HELSINKI, Sept 10 (Reuters) - Finnish forestry companies will work with the government to protect wildlife and avoid a repeat of an incident in August when endangered river pearl mussels were crushed by forestry machines, Environment Minister Kai Mykkanen said.
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Reuters - 1个月前

European companies cut jobs as economy sputters

RPT-FACTBOX-European companies cut jobs as economy sputters Repeats with no changes to text to add 'Factbox' tag in headline Sept 10 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of June: BANKS * DNB DNB.OL : The Norwegian lender said on Sept.
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Reuters - 1个月前

European companies cut jobs as economy sputters

European companies cut jobs as economy sputters Adds DNB Sept 10 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of June: BANKS * DNB DNB.OL : The Norwegian lender said on Sept. 10 it would cut the equivalent of 500 full-time jobs over the next six months, as it prepares for lower interest rates and tougher competition ahead.
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Reuters - 1个月前

Forestry group UPM says it aims to return to earnings growth

UPDATE 2-Forestry group UPM says it aims to return to earnings growth Adds CEO statement in paragraphs 3-4, updates share price HELSINKI, Sept 5 (Reuters) - Finnish forestry group UPM UPM.HE aims to return to earnings growth after years of big investments and headwinds caused by the pandemic and Russia's war on Ukraine, the company said on Thursday. "We are coming to the end of a historical investment cycle for UPM," Chief Financial Officer Tapio Korpeinen told investors, adding that the company
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Reuters - 1个月前

Forestry group UPM says it aims to resume earnings growth

Forestry group UPM says it aims to resume earnings growth HELSINKI, Sept 5 (Reuters) - Finnish forestry group UPM UPM.HE aims to resume earnings growth after five volatile years, Chief Financial Officer Tapio Korpeinen said on Thursday. Reporting by Elviira Luoma and Essi Lehto, editing by Anna Ringstrom
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Reuters - 1个月前

European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Telia Sept 4 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * PKP CARGO PKPP.WA : Poland's largest freight co
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Reuters - 2个月前

European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Shell Aug 30 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * PKP CARGO PKPP.WA : Poland's largest freight co
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