UPM-Kymmene


Much-needed NAV upgrade

14/01/21 -"Despite the NAV upgrade, our target price resets marginally lower as the relative valuation discount for earnings- and book value-based measures have been increased to 15% (vs. 10% earlier) ..."

Pages
53
Language
English
Published on
14/01/21
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EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

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