UPM Capital Markets Day 2016

UPM arranged a Capital Markets Day for investors and analysts in London on Thursday, 1 September.

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​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​UPM Interim Report January - June 2016

Interim report Q2/2016:
UPM’s comparable EBIT increased by 21%, cash flow reaching new highs

 

Q2 2016 Highlights

  • Comparable EBIT increased by 21% to EUR 264 million (219 million).
  • Growth projects contributed to earnings, driving delivery growth in UPM Biorefining, UPM Raflatac and UPM Paper Asia.
  • Cost-efficiency measures continued on a strong track, variable and fixed costs decreased significantly.
  • Operating cash flow was strong at EUR 434 million (324 million).

H1 2016 Highlights

  • Comparable EBIT increased by 27% to EUR 545 million (429 million). 
  • Operating cash flow increased to EUR 775 million (432 million).
  • Net debt decreased to EUR 1,876 million (2,635 million), and gearing to 24% (35%).
  • UPM sold the Schwedt newsprint mill in Germany in July and closed the Madison SC paper mill in the US in May. 
  • In July, UPM announced expansion of the UPM Kymi pulp mill capacity to 870,000 tonnes, continuing its focused growth investments. 

Quick Quote

Last price:


18.80 EUR

Change:


 +0.14  (0.75%)

High:


18.83

Low:


18.28

Volume:


1,350,891


30.09.2016 at 18:29 EET

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