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Targets outlook / Guidance statement

Latest guidance

13 February 2017
Assuming that economic development in Uponor's key geographies otherwise continues undisturbed, Uponor issues the following guidance for 2017: the Group’s net sales and comparable operating profit are expected to improve from 2016.

Previous guidances

12 February 2016
Assuming that economic development in Uponor's key geographies otherwise continues undisturbed, Uponor issues the following guidance for 2016: the Group’s net sales and comparable operating profit are expected to improve from 2015.

30 September 2015
Net sales for 2015, based on organic growth, are expected to exceed those of the prior year while operating profit, excluding any non-recurring items, remains somewhat below that of 2014.

12 February 2015
The Group’s net sales and operating profit (excluding any non-recurring items) are expected to improve from 2014.

1 July 2013: Guidance for 2013 cancelled due to change in company structure
Uponor cancels the guidance for 2013 effective 1 July 2013. The guidance was based on the company’s business portfolio and organisational setup valid at the point of issuance, and became void as a result of the start-up of a new joint venture company, Uponor Infra Oy, combining Uponor’s and KWH Group’s infrastructure businesses.
Due to restrictions under Finnish competition law, Uponor has not had sufficient access to KWH Pipe’s projections for the remainder of the year to be able to issue trustworthy guidance for the Group for 2013. Furthermore, the timing of the successful execution of the remedies set by the Market Court for the joint venture company is currently unknown, and could impact on the short term outlook.

12 February 2013 (repeated on 29 April 2013, cancelled on 1 July 2013)
Uponor expects its net sales and operating profit to show modest organic growth from 2012. This guidance is based on the current business portfolio and organisational setup and on the company's anticipation that the external environment faces no major, unexpected changes.

10 February 2012 (repeated on 27 April, 10 August and 26 October 2012)
Uponor's net sales are expected to grow organically from 2011 and operating profit is expected to exceed €50 million. The Group's net investment into fixed-assets is not expected to exceed depreciation.

27 September 2011 (repeated on 26 October 2011)
Uponor estimates that, against earlier guidance, its net sales growth will tail off to such an extent that the gap in operating profit, generated in the first half of 2011, cannot be met during the latter half of the year. Forecasting the results of the net working capital improvement programme is exceptionally challenging; hence, Uponor will not issue a guidance on full-year cash flow for 2011. Based on the above, Uponor is altering its full-year guidance:
Uponor's net sales is expected to improve on the 2010 level, but operating profit should fall somewhat short of the previous year's reported result. The Group's fixed-asset investments are not expected to exceed depreciation. To read the complete press release, please see Uponor warns that full-year results will fall short of earlier guidance.

10 February 2011 (repeated on 28 April and 10 August 2011)
Organic growth in Uponor's net sales in 2011 is expected to accelerate from the 2010 level, and operating profit is expected to improve on last year's reported operating profit. The Group's fixed-asset investments are not expected to exceed depreciation, and efficient net working capital management measures will help to retain a good cash flow level for the Group.

Updated : 13.02.2017