Thursday, April 4, 2013

UPM Annual Meeting: CEO Highlights Growth Areas

UPM's President and CEO Jussi Pesonen at the Annual General Meeting:
UPM's President and CEO Jussi Pesonen stated his confidence in continued steady development of UPM's growth businesses at the company's Annual General Meeting held today at the Helsinki Exhibition & Convention Centre, Finland. He also underlined the importance of improved margins and stringent cost control on Group level and in the mature European businesses to maximise the cash flow of the company.
Pesonen highlighted that since 2007, UPM's Pulp, Energy, Label and Asian Paper Business have grown by 43 % in the topline. Despite the economic slowdowns during the period, these businesses have shown positive and profitable growth figures.