UPM names new CFO: UPM-Kymmene stock sits 11.31 percent below its high

Published on 10/20/2026 at 13:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Aki Temmes takes over on January 1, 2027. UPM-Kymmene stock costs EUR 24.78 on October 20, 2026, 11.31 percent below its 52-week high.

Leadership changes precede results

Aki Temmes becomes CFO on January 1, 2027, while Petri Hakanen takes over UPM Fibres.
Comparable EBIT reached EUR 212.00 million in the second quarter of 2026, up 71.00 percent year on year.
UPM-Kymmene stock traded at EUR 24.78 at 1:02 p.m. CEST at Lang & Schwarz on October 20, 2026.

Modernes Glas- und Holzgebäude am See, umgeben von Wald, architektonische Visualisierung — Architektur-Render eines nachhaltigen Bürogebäudes am See veranschaulicht UPM-Kymmene Oyj, ISIN FI0009005987, in moderner Holzbauweise, Illustration mit AI erstellt.

UPM-Kymmene (FI0009005987) named Aki Temmes chief financial officer and Petri Hakanen head of UPM Fibres on October 19, 2026, while the stock stood 11.31 percent below its EUR 27.94 52-week high. The appointments take effect on January 1, 2027, according to UPM. For investors, the leadership handover arrives before the next quarterly report.

Three dates shape the story

On October 9, 2026, BNP Paribas raised its target for UPM-Kymmene from EUR 27.00 to EUR 30.00, as reported by MarketScreener. On October 15, 2026, SEB lifted its target from EUR 28.90 to EUR 29.50. On October 19, 2026, UPM appointed Temmes as CFO and Hakanen as Executive Vice President of UPM Fibres, with both roles beginning on January 1, 2027.

What supports the valuation?

UPM's second-quarter 2026 continuing-operations revenue was EUR 2.355 billion, while comparable EBIT reached EUR 212.00 million, up 71.00 percent from the prior-year quarter. The comparable EBITDA margin improved to 15.10 percent from 10.70 percent, and first-half 2026 operating cash flow was EUR 225.00 million, according to Packaging News Daily. The figures give the leadership change an operating backdrop ahead of the results date.

Two dates remain on the calendar

UPM's next earnings release is scheduled for October 28, 2026, according to MarketScreener. The new executive assignments are scheduled to begin on January 1, 2027, creating a second date for investors to track.

Stock remains below its yearly high

UPM-Kymmene stock was trading at EUR 24.78 at Lang & Schwarz on October 20, 2026 at 1:02 p.m. CEST. The quoted price sits within the EUR 22.12 to EUR 27.94 52-week range, and the company's market capitalization was EUR 13.1 billion as of October 20, 2026. The further course of trading is shown by the continuously updated real-time quote of UPM-Kymmene stock.