UPM concluded the sale of its hydro power facilities in Steyrermühl, Austria to Energie AG, an energy infrastructure company located in Upper Austria on 31 July 2017.
The transaction was announced in March 2017.
http://www.upmpaper.com/whats-new/all-news/Pages/UPM-concluded-the-sale-of-its-hydro-power-facilities-in-Steyrermühl-to-Energie-A-001-Tue-01-Aug-2017-08-33.aspx
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Label and Graphic Materials - Reported sales increased 8% to $1.5 billion. Sales were up 14% ex. currency and 15% on an organic basis. Retail Branding and Information Solutions - Reported sales increased 24% to $658 million. Sales were up 27% ex. currency and 5% on an organic basis. Industrial and Healthcare Materials - Reported sales increased 1% to $198 million. Sales were up 5% ex. currency and 7% on an organic basis reflecting a mid-single digit increase in industrial categories and a high teens increase in healthcare categories.