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Capital & Financial MarketsPortfolio & Strategy 31 Oct 2026

UPM to complete WISA plywood demerger on 31 October, listing follows on 2 November

UPM-Kymmene is due to complete the partial demerger of its plywood business, WISA Group Plc, on 31 October 2026, with WISA shares scheduled to begin trading on Nasdaq Helsinki on 2 November 2026. Continuing operations reported second-quarter 2026 comparable EBIT of EUR 212m, up 71% year on year, on revenue of EUR 2.355bn, with the comparable EBITDA margin at 15.1% against 10.7% a year earlier. First-half operating cash flow was EUR 225m and net debt EUR 3.313bn.

Why this mattersSeparating plywood leaves UPM's remaining businesses to be valued on their own, at a point when continuing-operations margins have already widened by more than four points.

  • Partial demerger of WISA Group Plc from UPM-Kymmene is targeted for completion on 31 October 2026
  • WISA shares are scheduled to begin trading on Nasdaq Helsinki on 2 November 2026
  • Comparable EBIT for continuing operations rose 71% year on year to EUR 212m in Q2 2026
  • Q2 2026 continuing-operations revenue was EUR 2.355bn
  • Comparable EBITDA margin improved to 15.1% from 10.7% a year earlier
  • H1 2026 operating cash flow was EUR 225m and net debt EUR 3.313bn
UPM
Sources it-boltwise.de DE
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-09-29 · Edited before publication: Order of materiality. The source covers a demerger and a results recap; house style puts the transaction in the headline and first in the summary and facts. All figures are grounded, only the ordering and emphasis change.