UPM-Kymmene Oyj (OHEL:UPM)
€ 26 -0.24 (-0.91%) Market Cap: 13.87 Bil Enterprise Value: 16.78 Bil PE Ratio: 20.00 PB Ratio: 1.29 GF Score: 75/100

UPM-Kymmene Oyj Annual Shareholders Meeting Transcript

Mar 29, 2022 / 11:00AM GMT
Release Date Price: €31.62 (+1.18%)
Johan Aalto
Hannes Snellman Attorneys Ltd. - Senior Partner

(presentation)

Johan Aalto
Hannes Snellman Attorneys Ltd. - Senior Partner

(foreign language)

Good afternoon to everybody. I am Johan Aalto, and I wish you welcome to this Annual General Meeting of UPM-Kymmene Corporation. I will act as the Chair of this meeting. And we will start the meeting by listening to a greeting by the Chairman of the Board of Directors, Bjorn Wahlroos.

Bjorn Wahlroos
UPM-Kymmene Oyj - Independent Chairman

(foreign language)

Dear shareholders. UPM opens its virtual Annual General Meeting this year in a world that has changed pretty dramatically over the course of the past several months. Here in Europe, of course, the greatest incident we've had to deal with is the Russian attack on the Ukraine, which still remains very much active, and which has produced a war in the middle of Europe, where we haven't had a war for the last 70 years or so. Unfortunately, the European continent doesn't seem to really learn from

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