Uponor revises its guidance for 2018
Uponor Corporation Stock exchange release 5 September 2018 17:35 EET
Following the transactions announced on 31 August 2018 and today 5 September 2018, where Uponor divests its non-strategic, but profitable business units: Uponor Infra’s North American business and Zent-Frenger GmbH, Uponor revises its full-year guidance on comparable operating profit.
New guidance is: Excluding the impact of currencies, Uponor expects its organic net sales to grow from 2017 and comparable operating profit to remain at the same level as in 2017.
The earlier guidance, issued on 25 July 2018 was: Excluding the impact of currencies, Uponor expects its organic net sales and comparable operating profit to grow from 2017.
President & CEO
Tel. +358 20 129 2824
Uponor in brief
The year 2018 marks Uponor's 100-year anniversary. Our success is built on strong partnerships with our customers and stakeholders in the past, present and future.
Uponor is a leading international systems and solutions provider for safe drinking water delivery, energy-efficient radiant heating and cooling and reliable infrastructure. The company serves a variety of building markets including residential, commercial, industrial and civil engineering. Uponor employs about 4,000 employees in 30 countries, mainly in Europe and North America. In 2017, Uponor's net sales totalled nearly €1.2 billion. Uponor is based in Finland and listed on Nasdaq Helsinki. Uponor builds on you - www.uponor.com