UPM Half Year 2018 Financial Report will be published on 24 July

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UPM Interim Report Q1 2018

UPM continues to grow earnings
Strong customer demand in all businesses

Q1 2018 highlights

  • Comparable EBIT increased by 17% to EUR 355 million (305 million in Q1 2017).
  • Sales prices increased in all business areas, outweighing the impact of higher input costs and unfavourable currencies.
  • Operating cash flow was EUR 208 million (396 million), including an increase in working capital.
  • Net debt decreased to EUR 41 million (807 million).

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20.07.2018 at 18:33 EET

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