date:May 31, 2013
The world's second-biggest self-adhesive label maker, UPM-Kymmene (UPM1V.HE), expects the unit's sales to grow annually by around 4 percent in coming years, helped by strong Asian demand, and acquisitions could accelerate the pace, an executive said.
The Finnish forestry products group, better known for its troubled magazine paper and newsprint operations, has shifted focus to more profitable businesses such as labels used in food packaging, beverage and shampoo bottles and baggage tags.
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