Uponor: Hits nearly 14-yr high on FY guidance hike
14/06/2021 08:43
** Shares in Uponor UPONOR.HE rise more than 5% after the
Finnish plumbing and heating systems provider raised its 2021
guidance urn:newsml:reuters.com:*:nASN001BB9
** The company now expects its comparable operating profit
to increase from year 2020 by 2.5% or more, citing favourable
conditions in its key markets in Europe and North America in H1
** Previously it foresaw its comparable operating profit to
stay at the 2020 level
** The stock, which hits highest price since Sept. 24, 2007,
has been up nearly 40% this year
((marta.frackowiak@thomsonreuters.com))