Munksjö’s Capital Markets Day 2015: Building on the fundamentals for value creation
MUNKSJÖ OYJ, STOCK EXCHANGE RELEASE, 26 November 2015 at 8.00 a.m. CET
Munksjö’s Capital Markets Day 2015: Building on the fundamentals for value creation
Munksjö today hosts a Capital Markets Day in Stockholm. The aim of the event is to provide further information about Munksjö’s strategy, profitability improvement measures and growth drivers. The target to reach the EBITDA margin of 12 per cent at the end of 2016 and the previously communicated outlook remain unchanged.
“Our ambition is to further grow the business over the coming years both organically and strategically. We have a focused strategy that enables strong market positions and we strengthen these positions through our sustainable value added solutions. The drivers for our profitability improvement are unchanged and include increased operational efficiency, profitable growth, product and service quality leadership and utilising the position as a market and innovation leader. Within operational efficiency, the majority of the planned actions include measures to adjust our cost structure.” says Jan Åström, President and CEO of Munksjö.
The EBITDA targets to be achieved by the end of 2016 per business area are; 15-16 per cent for Decor, 12-13 per cent for Release Liners, 15-16 per cent for Industrial Applications and 9-10 per cent for Graphics and Packaging.
The event will be sent live via webcast and can also be watched as an on-demand version later today. The webcast link, the presentation material and further details on the event are available at www.munksjo.com/cmd.
Munksjö Oyj
For more information, please contact:
Laura Lindholm, Investor Relations Manager, tel. +46 72 703 6336
Anna Selberg, SVP Communications, tel. +46 10 250 1032
Munksjö – Intelligent paper technology
Munksjö is a world-leading manufacturer of advanced paper products developed with intelligent paper technology. Munksjö offers customer-specific innovative design and functionality in areas ranging from flooring, kitchens and furnishings to release papers, consumer-friendly packaging and energy transmission. The transition to a sustainable society is a natural driving force for Munksjö's growth as the products can replace non-renewable materials. This is what "Made by Munksjö" stands for. Given Munksjö's global presence and way of integrating with the customers, the company forms a worldwide service organisation with approximately 2,900 employees and 15 facilities located in France, Sweden, Germany, Italy, Spain, Brazil and China. Munksjö's share is listed on Nasdaq in Helsinki and Stockholm. Read more at www.munksjo.com.