Uponor Corporation Stock exchange release 22 April 2010
Uponor announces pro forma segment information for 2009
Since 1 January 2009, Uponor has applied three segments in its financial
reporting. These have been defined based on geographic regions and businesses,
in accordance with the Group organisation structure effective from 1 October
2008, as follows:
• Building Solutions - Europe
• Building Solutions - North America
• Infrastructure Solutions - Nordic.
For 2010, the structure will, for the most part, remain as it is today, but as
of 1 Jan 2010 the following redefinitions have been implemented: the reporting
of the Estonian and Latvian businesses will be split between Building Solutions
and Infrastructure Solutions, in contrast to the earlier practice of including
everything within Building Solutions - Europe. In addition, the ventilation and
ground energy product groups that formed part of Infrastructure Solutions are
now classified as belonging to Building Solutions - Europe.
The impact of these redefinitions on segment sizes will be small.
The new names of the reporting segments are thus:
• Building Solutions - Europe
• Building Solutions - North America
• Infrastructure Solutions.
In the future, small sales volumes related to infrastructure products in
north-eastern Europe will also be included in the segment Building Solutions -
Europe. The size of this business is marginal.
The tables showing adjusted pro forma figures for 2009 can be downloaded in xls
format from the company's website at www.uponor.com > Investors > News &
downloads.
Uponor Corporation
Tarmo Anttila
Vice President, Communications
Tel + 358 20 129 2852
Distribution:
NASDAQ OMX - Helsinki
Media
www.uponor.com
Uponor is a leading supplier of plumbing and indoor climate systems for the
residential and commercial building markets across Europe and North America and
a market leader in municipal infrastructure pipe systems in the Nordic
countries. Uponor's key applications include heating and cooling solutions and
tap water systems. The Group employs ca 3,300 persons in 30 countries. In 2009,
Uponor's net sales totalled 730 million euros. Uponor Corporation is listed on
the NASDAQ OMX Helsinki Ltd., Finland. http://www.uponor.com