UPM is going through a transformation to ensure sustainable value creation in the long term. The aim is to improve profitability, generate growth and increase the value of the company’s business portfolio. UPM has been transforming its business model, business portfolio and business performance.
UPM consists of six separate business areas. The business areas are competitive, with strong market positions and a leading financial and sustainability performance. Five of these business areas operate in healthily growing markets.
Its Biofore strategy includes continuous improvement programmes and short-term actions to drive performance; mid-term growth projects as well as mid- to long-term development work to create new, high value-added growth.
UPM CEO Jussi Pesonen recently presented this illuminating update on the company’s promise and progress at the time of its first half 2018 results.