PÖYRY PLC Press Release 9 February 2018 at 08:00am EET
Pöyry is renaming its reporting segment 'Regional Operations Business Group' to 'Infra, Water and Environment Business Group'. The new name is taken into use on 9 February 2018.
Pöyry also continues to improve its client focus and further strengthens its Industry Business Group by consolidating its industry related process technology competence and engineering know-how in Norway and Sweden to the Industry Business Group. The infrastructure, water and environment related operations in Sweden continue to grow in the renamed Infra, Water & Environment Business Group. We continue with the selected approach for water and infra projects in Norway.
"The changes we are making today will result in an even better client experience," says Martin à Porta, President and CEO, Pöyry PLC. "The Infra, Water and Environment Business Group will house our deep consulting and engineering experience in rail, roads, tunnels, environmental consulting, water and wastewater. In particular, we are refining our Water offering to meet the ever increasing water demands caused by the megatrends of population growth and urbanisation. Through current and new offering, our experts and specialists will create more tailored solutions to help our clients drive real change and value in the water sector."
"By aligning our global delivery expertise and competence into a stronger Industry Business Group, we are harnessing the power of 'The connected company' to bring world-class added value to our clients. The move enhances our overall organisational efficiency, increasing our capacity and capability to deliver global and local projects so we can fully serve our industry clients - wherever they are in the world."
Nicholas Oksanen, Executive Vice President, remains President, Industry Business Group. For the Infra, Water and Environment Business Group, Markku Oksanen continues President, Infra, Water and Environment Business Group, Northern Europe; Ralf Reifferscheidt continues as President, Infra, Water and Environment Business Group, Germany; Marcel Winter continues as President, Infra, Water and Environment Business Group, Switzerland; and Thomas Kriesch continues as President, Infra, Water and Environment Business Group, Austria.
Pöyry's financial reporting will be based on the following four reporting segments: Management Consulting Business Group; Industry Business Group; Energy Business Group; and Infra, Water and Environment Business Group. Restated figures will be published before the publication of the half year financial report January - June 2018, on 9 August 2018.
PÖYRY PLC
Additional information:
Martin à Porta, President and CEO
Tel. +41 44 355 5525
Did you know? Pöyry masters the whole value chain of water, wastewater and sludge with over 50 years' experience.
http://www.poyry.com/sectors/infrastructure/water (http://www.poyry.com/sectors/infrastructure/water)
Did you know? Pöyry's experts help to deliver over 10,000 successful projects every year, and have made a significant contribution to 90% of the world's largest pulp mills. Additionally, the mills designed by Pöyry are the most energy and water efficient in the world.
www.poyry.com/sectors/industry/pulp-paper (http://www.poyry.com/sectors/industry/pulp-paper)
About Pöyry
Pöyry is an international consulting and engineering company. We deliver smart solutions across power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry's net sales in 2016 were EUR 530 million. The company's shares are quoted on Nasdaq Helsinki (POY1V). Approximately 5500 experts. 40 countries. 130 offices.
Visit our website at www.poyry.com (http://www.poyry.com/) and follow us on Twitter (https://twitter.com/Poyryplc) | LinkedIn (https://www.linkedin.com/company/poyry) | Facebook (https://www.facebook.com/PoyryPlc) | YouTube (https://www.youtube.com/user/PoyryPlc/)
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Pöyry Oyj via Globenewswire
