On 1 July 2013, Uponor Infra Oy began trading, with the merger of the infrastructure solution business units of the KWH Group and Uponor Oyj. Uponor is Uponor Infra Oy’s majority shareholder (55.3%), and Uponor Infra Oy is consolidated in Uponor as the infrastructure segment. The KWH Group owns 44.7 % of shares.
The Company’s sales amounted to EUR 243.9 (337.4) million. A large part of the decline is due to the North American operations being sold in the autumn of 2018. Uponor Infra continued the successful execution of its profitability improvement strategy, which also had a negative impact on net sales.
The general economic situation has affected demand in Uponor Infra’s most important markets. Overall demand in the main markets is expected to be stable in the coming years.