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UPM-Kymmene


Actualités

Abrdn Plc, Crest Nicholson Holdings, Paragon Banking

EUROPE RESEARCH ROUNDUP-Abrdn Plc, Crest Nicholson Holdings, Paragon Banking June 13 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Abrdn Plc, Crest Nicholson Holdings and Paragon Banking, on Thursday. HIGHLIGHTS * Abrdn Plc ABDN.L : Jefferies assumes coverage with hold rating; price target 155p vs 180p * Crest Nicholson Holdings Plc CRST.L : Jefferies raises target price to 265p from 237p * Frontier Developments Plc FDEV.L : Deut
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UPM Plans To Close Two Units In Germany

BRIEF-UPM Plans To Close Two Units In Germany May 29 (Reuters) - UPM-Kymmene Oyj UPM.HE : PLANS TO REDUCE GRAPHIC PAPER CAPACITY IN GERMANY TO ALIGN WITH CUSTOMER DEMAND AND ENSURE COMPETITIVENESS IF REALIZED, MEASURES WOULD RESULT IN ANNUAL REDUCTIONS OF 330,000 TONNES OF NEWSPRINT PAPER CAPACITY AND 280,000 TONNES OF UNCOATED FINE PAPER CAPACITY
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Finnish forestry group UPM to close two units in Germany

UPDATE 2-Finnish forestry group UPM to close two units in Germany Adds quote, detail on units in paragraphs 3-6 COPENHAGEN, May 29 (Reuters) - Finnish forestry group UPM UPM.HE said on Wednesday it would close a newsprint mill and a fine paper machine in Germany, affecting 345 jobs overall, citing a decline in graphic paper demand and a significant overcapacity in the market.
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Finnish forestry group UPM to close two units in Germany

Finnish forestry group UPM to close two units in Germany COPENHAGEN, May 29 (Reuters) - Finnish forestry firm UPM UPM.HE said on Wednesday it would close a newsprint mill and a fine paper machine in Germany, affecting 345 jobs overall, citing a decline in graphic paper demand and a significant overcapacity in the market. Reporting by Louise Breusch
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Forestry firm Stora Enso lifts 2024 outlook as orders, prices rise

UPDATE 2-Forestry firm Stora Enso lifts 2024 outlook as orders, prices rise Adds shares in lead, comment in paragraph 5, context in paragraphs 6-7 May 15 (Reuters) - Finnish forestry firm Stora Enso STERV.HE raised its full-year core profit forecast on Wednesday, lifting its shares by 3%, as it said it expected improved volumes and orders as well as increasing pulp prices.
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Adidas, HSBC, Renishaw

EUROPE RESEARCH ROUNDUP-Adidas, HSBC, Renishaw May 1 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adidas, HSBC and Renishaw on Wednesday. HIGHLIGHTS * Adidas AG ADSGn.DE : Wedbush raises target price to EUR 233 from EUR 200 * Darktrace DARK.L : HSBC raises target price to 620p from 540p * Essity AB (Publ) ESSITYb.ST : HSBC resumes with buy rating; price target SEK 330 * HSBC HSBA.L : Berenberg raises target price to 830p from 80
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UPM shares rise after earnings beat, end of destocking

BUZZ-UPM shares rise after earnings beat, end of destocking ** Shares in Finnish forestry firm UPM UPM.HE rise 4% after it beat earnings expectations in Q1 ** Its comparable EBIT of EUR 333 million came in ahead of the IBES estimate of EUR 263.9 million, guidance remained unchanged ** UPM also flagged that destocking was largely over ** J.P.Morgan
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Finnish forestry firm UPM tops Q1 profit expectations

Finnish forestry firm UPM tops Q1 profit expectations April 25 (Reuters) - Finnish forestry group UPM-Kymmene UPM.HE posted first-quarter core profit above market expectations on Thursday, saying demand had improved after clients finished trimming their inventories. Reporting by Boleslaw Lasocki in Gdansk; Editing by Milla Nissi
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Forestry firm Stora Enso sees gradual market recovery in 2024

UPDATE 2-Finnish forestry firms top profit forecasts as destocking ends Adds UPM results, comments, shares By Reporting by Boleslaw Lasocki April 25 (Reuters) - Finnish forestry firms Stora Enso STERV.HE and UPM-Kymmene UPM.HE reported first-quarter earnings clearly above expectations on Thursday as clients finished trimming their inventories. "The destocking that characterised last year was over for all our businesses," UPM CEO Massimo Reynaudo said about the first-quarter results that were boo
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Price rises may boost paper & packaging firms' outlooks, JPM says

BUZZ-Price rises may boost paper & packaging firms' outlooks, JPM says ** Recent price increases in pulp and containerboard raise the chance for upward guidance revisions from paper and packaging names, J.P.Morgan says ** JPM downgrades SCA SCAb.ST to "underweight" from "neutral", saying that in order to justify the current valuation, it would need
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AstraZeneca, Carl Zeiss Meditec, Luceco

EUROPE RESEARCH ROUNDUP-AstraZeneca, Carl Zeiss Meditec, Luceco April 5 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including AstraZeneca, Carl Zeiss Meditec and Luceco, on Friday. HIGHLIGHTS * AstraZeneca AZN.L : HSBC raises target price to 12,950p from 12,150p * Carl Zeiss Meditec AG AFXG.DE : JP Morgan raises target price to EUR 70 from EUR 59 * Ipsen SA IPN.PA : RBC raises target price to EUR 127 from EUR 124 * Luceco Plc LUCEL.L : P
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Finnish strike suspension offers relief to affected companies' stocks

BUZZ-Finnish strike suspension offers relief to affected companies' stocks ** Shares in companies affected by strikes in Finland rise after the Finnish trade union association SAK said that the country's labour unions would next week suspend the four-week strike ** Shares in UPM Kymmene UPM.HE , Metsa Board METSB.HE , Nokian Tyres TYRES.HE , Outoku
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Finnish unions to suspend strike, ask government to act

REFILE-UPDATE 1-Finnish unions to suspend strike, ask government to act Corrects spelling of Finnish in headline COPENHAGEN, April 4 (Reuters) - Finnish labour unions will next week suspend a four-week strike that has paralysed imports and exports and triggered widespread factory shutdowns , the SAK trade union association said on Thursday. Thousands of workers have been on strike since March 11 in protest against the government's planned labour market reforms, disrupted ports, the rail system a
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Finnish unions to end strike on Sunday

Finnish unions to end strike on Sunday COPENHAGEN, April 4 (Reuters) - Finland's industrial, logistics and electrical workers will end their four-week strike on Sunday, the SAK trade union association said on Thursday. Reporting by Stine Jacobsen, edtiting by Terje Solsvik
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BMW, Hill & Smith, Prudential

EUROPE RESEARCH ROUNDUP-BMW, Hill & Smith, Prudential March 25 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including BMW, Hill & Smith and Prudential, on Monday. HIGHLIGHTS * BMW BMWG.DE : HSBC raises target price to EUR 112 from EUR 110 * Hill & Smith HILS.L : Jefferies raises target price to 2,320p from 2,280p * LEG Immobilien SE LEGn.DE : Goldman Sachs raises to neutral * Prudential PRU.L : JP Morgan cuts target price to 1,350p from 1
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BMW, Hill & Smith, Prudential

EUROPE RESEARCH ROUNDUP-BMW, Hill & Smith, Prudential March 25 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including BMW, Hill & Smith and Prudential, on Monday. HIGHLIGHTS * BMW BMWG.DE : HSBC raises target price to EUR 112 from EUR 110 * Hill & Smith HILS.L : Jefferies raises target price to 2,320p from 2,280p * Leg Immobilien SE LEGn.DE : Goldman Sachs raises to neutral * Prudential PRU.L : JP Morgan cuts target price to 1,350p from 1
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Finnish steelmaker Outokumpu cuts guidance again due to strike in Finland

UPDATE 2-Finnish steelmaker Outokumpu cuts guidance again due to strike in Finland Adds detail, background from paragraph 4 COPENHAGEN, March 21 (Reuters) - Finnish stainless steelmaker Outokumpu OUT1V.HE on Thursday lowered its first-quarter core profit guidance for the second time this month due to political strikes in Finland. Outokumpu said in a statement it now sees a lower adjusted operating profit before depreciation and amortisation than in the last quarter of 2023 when it was 72 million
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Finnish labour unions extend export blockade

UPDATE 2-Finnish labour unions extend export blockade Adds background, government comments By Anne Kauranen HELSINKI, March 20 (Reuters) - Finland's industrial, logistics and electrical workers will extend their ongoing two-week strikes by one week until March 31, the unions and their federation SAK said on Wednesday, after meeting with Minister of Employment Arto Satonen.
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