Correction: Uponor Corporation’s Half-Year Financial Report January–June 2022
Uponor Corporation, Stock exchange release, 27 July 2022 at 12:15 EEST
Correction: Uponor Corporation’s Half-Year Financial Report January–June 2022
Uponor Corporation corrects the Eliminations figure presented in two tables in its Half-Year Financial Report January–June 2022 that was published on 27 July 2022 at 8:00 am EEST.
There was an error in the Eliminations figure for 4–6/2022 in the tables (Operating profit by division, Comparable operating profit by division) on page 6 of the report. The correct Eliminations figure is -1.5 MEUR (previously reported -2.2 MEUR).
The corrected tables are shown below. Uponor’s corrected Half-Year Financial Report 2022 is attached to this release.
Operating profit by division (April–June):
| M€ | 4–6/2022 | 4–6/2021 | Change |
| Building Solutions – Europe* | 16.9 | 20.9 | -19.1% |
| Building Solutions – North America | 23.2 | 23.0 | +0.7% |
| (Building Solutions – North America (M$)) | 24.4 | 27.7 | -12.0% |
| Uponor Infra | 7.5 | 6.8 | +10.7% |
| Others | -3.3 | -2.4 | |
| Eliminations | -1.5 | -1.3 | |
| Total | 42.8 | 47.0 | -8.9% |
*Includes the operating profit of Capricorn S.A. as of 1 Nov 2021
Comparable operating profit by division (April–June):
| M€ | 4–6/2022 | 4–6/2021 | Change |
| Building Solutions – Europe* | 24.2 | 21.9 | +10.2% |
| Building Solutions – North America | 23.2 | 23.0 | +0.6% |
| (Building Solutions – North America (M$)) | 24.4 | 27.8 | -12.1% |
| Uponor Infra | 7.7 | 6.8 | +12.6% |
| Others | -3.0 | -2.2 | |
| Eliminations | -1.5 | -1.3 | |
| Total | 50.5 | 48.2 | +4.8% |
*Includes the operating profit of Capricorn S.A. as of 1 Nov 2021
For further information, please contact:
Franciska Janzon, SVP, Corporate Communications and IR, tel. +358 20 129 2821
DISTRIBUTION:
Nasdaq Helsinki
Media
Uponor in brief
Uponor is rethinking water for future generations. Our offering, including safe drinking water delivery, energy-efficient radiant heating and cooling and reliable infrastructure, enables a more sustainable living environment. We help our customers in residential and commercial construction, municipalities and utilities, as well as different industries to work faster and smarter. Uponor employs about 3,900 professionals in 26 countries in Europe and North America and Uponor’s products are sold in some 80 countries. In 2021, Uponor's net sales totalled approximately €1.3 billion. Uponor Corporation is based in Finland and listed on Nasdaq Helsinki. www.uponorgroup.com
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