Finland's UPM sees steady growth in label business
date:May 31, 2013
aking a deal per year, he said.

The business unit last year had sales of 1.2 billion euros ($1.56 billion), or 12 percent of UPM's total revenue, and had an underlying operating margin - a measure of profitability - of 6.7 percent, compared to 5.1 percent for the company overall.

It holds around 20 percent of the global self-adhesive label market, second only to Avery Dennison (AVY.N) of the United States.
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