Market: Helsinki, Large Cap
Market Cap (M€): 673.14
Industry: Construction & Materials
Uponor Corporation is a leading international systems and solutions provider for safe drinking water delivery, energy-efficient radiant heating and cooling and reliable infrastructure.
  • The most efficient, reliable and high-performing solutions, fast and easy to install, conserving water and energy, providing comfort and health
  • Serves a variety of building markets including residential, commercial, industrial and civil engineering sectors
  • Operates in three segments: Building Solutions – Europe, Building Solutions – North America and Uponor Infra.

Net sales and operating profit

Share basics

UPONOR
25 June 2019
Currency Euro
Previous Close 9.20
Change (%) 0.82
Volume 126,685
Number of Shares (million) 73.21
Market Cap (M€) 673.14

Key figures

  2018 2017 2016 2015 2014
Net sales, M€ 1,196.3 1,170.4 1,099.4 1,050.8 1,023.9
Comparable operating profit, M€ 99.3 97.2 90.7 75.8 67.7
Shareholders' equity, M€ 297.6 280.2 263.3 248.0 231.1
Return on equity (ROE), % 18.0 19.4 13.1 12.1 12.3
Return on investment (ROI), % 17.2 16.3 14.1 15.5 14.1
Solvency, % 45.1 40.5 42.8 44.3 43.9
Equity per share, € 4.07 3.83 3.60 3.39 3.16
Personnel, average 4,074 3,990 3,868 3,842 4,127
Personnel, at the end of period 3,928 4,075 3,869 3,735 3,982

 

Major shareholders

Shares % of shares Change Change %
1 Oras Invest Oy 18,030,780 24.63 0 0.00
2 Nordea Bank Abp (Nominee registered shareholders) 9,979,104 13.63 -194,943 -1.92
3 Skandinaviska Enskilda Banken Ab (publ) Helsinki Branch (Nominee registered shareholders) 5,273,020 7.20 -392,707 -6.93
4 Varma Mutual Pension Insurance Company 3,862,072 5.28 0 0.00
5 Nordea Nordic Small Cap Fund 3,182,639 4.35 0 0.00
6 Mandatum Life Insurance Company Ltd. 2,106,538 2.88 79,251 3.91
7 Ilmarinen Mutual Pension Insurance Company 1,891,000 2.58 0 0.00
8 Svenska Handelsbanken AB (publ), Filialverksamheten i Finland (Nominee registered shareholders) 1,115,651 1.52 200 0.02
9 Paasikivi Pekka 846,500 1.16 0 0.00
10 The Local Government Pensions Institution  758,833 1.04 -82,000 -9.75
10 largest owners total 47,046,137 64.26
Number of shares total 73,206,944 100.00

Long term financial targets

  • Organic net sales growth to exceed annual GDP growth* by 3 ppts
  • EBIT margin to exceed 10%
  • ROI to exceed 20%
  • Gearing to stay within 40 to 80 as an annual average of the quarters
  • Dividend pay-out to be at least 50% of annual earnings (considering the gearing target)
The targets were issued on 13 February 2019.

Why invest in Uponor?

Uponor aims to be an attractive investment and increase its shareholders’ wealth long-term, based on a combination of professional and ethical management, stable and competitive dividend policy and growing value of the Uponor share.
  • Strong company brand which is recognised within the industry internationally
  • Proven historic growth organically and through acquisitions
  • Stable business with a track record of profitable performance even during down times
  • Committed long-term ownership with a clear understanding of the industry dynamics
  • Actively tapping into new business possibilities emerging through prefabrication and digitalisation (IoT)

Key facts

  • 4,100 employees
  • 30 countries with Uponor operations, mainly across Europe and North America
  • 18 manufacturing facilities worldwide
 

References

Award winning district cooling: Helsingborg, Sweden

With the help of Uponor’s Weholite® and pressure pipes, this district cooling system reduces electricity consumption and emissions by about 65–70% compared with traditional electrically powered cooling units.

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Radiant cooling system for the world’s largest concrete pour: Wilshire Grand, Los Angeles, USA

The Wilshire Grand Center is the 10th tallest building in the United States. To ensure an effective thermal cooling system, more than 30,000 meters of Uponor’s PEX pipe was installed.

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Uponor’s Contec ceiling radiant cooling system for a sustainable international school: Kuala Lumpur, Malaysia

Uponor’s indoor climate solution was selected for the campus’s green construction. Uponor’s Contec ceiling radiant cooling system was installed. The system can be ideally combined with renewable energy sources.

Read more

Latest releases

9 May 2019 Uponor invests additional USD6 million to Phyn
9 May 2019 Uponor Corporation Shareholders’ Nomination Board composition
3 May 2019 Minna Yrjönmäki appointed CFO at Uponor
3 May 2019 Interim report January – March 2019: Restructuring supported development in Europe – demand was weaker in North America
23 April 2019 Uponor publishes January-March 2019 interim report on 3 May 2019
25 March 2019 Notification of transactions by managers and their closely associated persons: Eva Nygren
25 March 2019 Notification of transactions by managers and their closely associated persons: Casimir Lindholm
25 March 2019 Notification of transactions by managers and their closely associated persons: Johan Falk
25 March 2019 Notification of transactions by managers and their closely associated persons: Pia Aaltonen-Forsell
25 March 2019 Notification of transactions by managers and their closely associated persons: Markus Lengauer

Upcoming events

DateEvent
25 June 2019 - 25 July 2019Silent period
26 July 2019 08:00January-June, half year financial report
8 August 2019 12:00Roadshow
24 September 2019 - 24 October 2019Silent period
25 October 2019 08:00January-September, interim report