Helsinki, Finland, 2015-11-26 08:00 CET (GLOBE NEWSWIRE) --
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
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
"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.
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.