contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


metsa-board-oyj-metsa-board-commences-the-acquisition-of-companys-own-shares

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Metsä Board is a manufacturing company active in the paper and pulp industry. The company is a manufacturer of cartons made of forest fiber. The products are used for consumer and food products. In addition to the production of cartons, the company offers services related to technical analysis and design development. The company is most active in the European market. Metsä Board´s head office is located in Espoo, Finland.

publish.ne.cision.com              ViewReleaseInStandardHtml                              UPM is launching UPM Circular Renewable Black™ pigment, a groundbreaking innovation that redefines the role of black color in sustainable packaging. UPM Circular Renewable Black is the world’s first bio-based and carbon-negative\[1\] pigment that can be identified by near-infrared (NIR) radiation. It enables premium packaging that combines top-tier design, full recyclability, and strong, responsible performance. Black packaging has long been considered a challenge for recycling, as fossil-based carbon black prevents optical sorting in NIR systems, making packaging virtually invisible in recycling facilities. UPM Circular Renewable Black changes the situation. The pigment is made from renewable lignin and is certified according to independent certification systems (FSC\[2\], PEFC\[3\], ISCC Plus). The pigment offers an iconic deep black shade, full NIR detectability, and a carbon-negative footprint, enabling brands to adopt circular economy-supporting and climate-positive packaging solutions. UPM Circular Renewable Black is part of UPM’s portfolio of carbon-negative solutions, which will be produced at the company’s 1.3 billion euro biochemicals plant in Leuna, Germany. The plant is Europe’s largest industrial-scale investment in biochemical production. It converts sustainably sourced hardwood into next-generation biochemicals and accelerates the transition from fossil-based solutions to renewable materials across various industries.

As a forest owner, I wouldn’t be overly concerned about this UPM situation. Let’s hypothetically assume that the new JV would close the Kirkniemi paper mill, meaning a capacity reduction of 575,000 tons per year. This multiplied by 3, meaning a reduction in raw wood demand of 1,725,000 cubic meters of wood per year. However, that’s only about 5% of fiberwood consumption in Finland. Of course, it would affect the price of raw wood, but less than the imported wood brought from Russia back in the day.

Comparing the change over a 10-year period, production has decreased and revenue has increased: UPM revenue 2024: 10.3 billion (2014: 9.9) Products 2024: 10.1 Mt + 1.7 Mm3 (2014: 13 Mt + 2.1 Mm3) Sources: https://www.upm.com/siteassets/investors/reports-and-presentations/2024/upm-vuosikertomus-2024.pdf and https://www.upm.com/siteassets/investors/reports-and-presentations/2014/upm_vuosikertomus_2014.pdf If one disregards those tonnes and cubic meters and instead looks at their relative figures, revenue has increased by 33% in ten years. However, inflation has eroded 26% of that (EUR Inflation Calculator - Euro (2014-2025)). Still, 7% better. Are the chosen years the best possible for comparison, as revenue and production vary? It would be nice to see a similar comparison for other companies as well.

My memory of the early 2010s is different. I remember Pesonen saying directly that newsprint machines would not be converted or renewed, but rather run to their end, and the resulting cash flow would be used to develop new businesses. UPM thus made a different strategic choice than SE and MG. At that time, the largest ongoing projects were the refining of biofuels in Lappeenranta as a completely new business, and the expansion/diversification of pulp production in the Uruguay project. In addition, Pesonen strongly emphasized UPM’s transformation from a bulk paper producer to a high-tech company. Previously, UPM registered only a few patents a year; in the early 2010s, the number rose, I don’t remember exactly, perhaps 20-fold? Hindsight is, of course, always the best wisdom, and it is clear that innovations in the forest sector will largely continue to depend on political guidance – that is, in practice, whether producers of replaceable products (such as traditional cotton producers in the case of wood-based textile fibers) have to pay for the negative external effects they cause, or not. Politicians often decide for political reasons that they do not have to. In such cases, high-tech solutions from the forest industry cannot compete economically. This has also happened to a very large proportion of forest industry innovations since the early 2010s. I don’t know which year in the early 2010s was referred to here, but in my memory, Pesonen’s view on the future of printing papers was no more optimistic than others’. Surely many expected some kind of recovery, but the depth and permanence of the decline came as a surprise. On the other hand, at the societal level, we expected until about 2020 that the economy would soon enter strong growth after the 2008 crisis, as had always happened before. Now a huge number of people have appeared who, of course, immediately saw that economic growth like before was never going to happen. Hindsight is always easiest.

And now UPM’s current CEO “Metsä-Massimo” has to clean this up                    Maaseudun Tulevaisuus – 8 Dec 25              Kun UPM etsii kannattavuutta papereilleen, metsänomistajat ottavat iskuista...    UPM etsii tuottoja Suomen ulkopuolelta. Se vaikuttaa varmasti myös puunmyyjien asemaan, muistuttaa päätoimittaja Jouni Kemppainen.

In Nordland, the same applies, paper machine 2 remains with UPM, while PM1 and PM4 transfer to the JV.

In that UPM/Sappi arrangement, the same pattern emerges in Kymi. UPM produces pulp, and the new JV makes fine paper next door. Of course, the Kymi pulp mill can also dry its entire production and sell it to the market if local demand were to shrink.

Metsä Board

Metsä Board Corporation Stock exchange release Changes in company's own shares 26 October 2022 at 4:50 pm EETThe Board of Directors of Metsä Board Corporation has today decided to launch a share...

<div class="abstract">Metsä Board Corporation Stock exchange release Changes in company's own shares 26 October 2022 at 4:50 pm EET</div>The Board of Directors of Metsä Board Corporation has today decided to launch a share buyback of company's own shares. The number of shares to be acquired based on the authorisation shall not exceed 1,000,000 B shares, which corresponds to approximately 0.3% of all the shares in the company. The shares will be acquired for use as part of the company's share-based incentive system and to prepare for the remuneration of the Board. The aggregate amount to be used for the acquisition of own shares shall not exceed EUR 11,000,000.&nbsp;The shares are acquired in one or more lots in trading organised by NASDAQ Helsinki Oy on the regulated market at the market price valid at the time of acquisition. The shares shall be acquired and paid for in accordance with the rules of NASDAQ Helsinki Oy and Euroclear Finland Oy.The acquisition of own shares will commence on 28 October 2022 at the earliest and will end when the necessary shares have been acquired, and in any case no later than 31 December 2022.The Annual General Meeting on 24 March 2022 authorised the Board of Directors of Metsä Board Corporation to decide on the acquisition of at maximum 1,000,000 company's own B shares with free equity of the company's. The amount corresponds to approximately 0.3% of all Metsä Board's shares. Own shares can be acquired based on the authorisation only with free capital. Own share can be acquired to pay the Board's fees or for use in the company's incentive systems. The authorisation is effective until 30 June 2023.The company has 32,802,175 A shares and 322,10,571 B shares. The company does not currently hold any own shares.METSÄ BOARD CORPORATION