Market: Helsinki, Large Cap
Market Cap (M€): 720.72
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
22 March 2019
Currency Euro
Previous Close 9.85
Change (%) -2.04
Volume 150,001
Number of Shares (million) 73.21
Market Cap (M€) 720.72

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) 9,836,655 13.44 491,596 5.26
3 Skandinaviska Enskilda Banken Ab (publ) Helsinki Branch (Nominee registered shareholders) 5,686,128 7.77 424,668 8.07
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. 1,944,674 2.66 216,828 12.55
7 Ilmarinen Mutual Pension Insurance Company 1,891,000 2.58 -90,401 -4.56
8 Svenska Handelsbanken AB (publ), Filialverksamheten i Finland (Nominee registered shareholders) 1,256,089 1.72 39,834 3.28
9 The Local Government Pensions Institution  940,833 1.29 0 0.00
10 Paasikivi Pekka 846,500 1.16 0 0.00
10 largest owners total 47,477,370 64.85
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

18 March 2019 Uponor Board organisation and roles
18 March 2019 Resolutions by Uponor Corporation’s Annual General Meeting
22 February 2019 Notification of transactions by managers and their closely associated persons
22 February 2019 Notification of transactions by managers and their closely associated persons
22 February 2019 Notification of transactions by managers and their closely associated persons
22 February 2019 Uponor Corporation’s Annual report 2018 published
22 February 2019 Change in Uponor Corporation's holding of own shares
15 February 2019 Change in Uponor’s Executive Committee
13 February 2019 Uponor’s IFRS financial statements for 2018 available
13 February 2019 CORRECTION: Corporate governance statement and Remuneration statement for 2018 available

Upcoming events

DateEvent
1 April 2019 - 2 May 2019Silent period
3 May 2019 08:00January-March, interim report
3 May 2019 12:00Roadshow
21 May 2019 00:00Roadshow
5 June 2019 00:00Handelsbanken's Mid/Small Cap Seminar