UPM story

UPM story describes our strategy and transformation process, how we at UPM ensure growth and sustainable value creation.

The story outlines our short and medium term strategic actions and the value our businesses create throughout the value chain. Responsibility is an integral part of our daily work at UPM and we see it also as good business. UPM story rounds-off with financial targets and UPM’s value proposition to investors.

UPM Interim Report Q3 2017

Excellent quarter, further steps in transformation

Q3 2017 highlights

  • Comparable EBIT increased by 12% to EUR 351 million (314 million in Q3 2016). 
  • Good growth in deliveries and strong operational efficiency with no significant maintenance activity.
  • Strong operating cash flow at EUR 486 million (506 million).
  • Net debt decreased to EUR 623 million (1,479 million). 
  • UPM announced a new focused growth project at the UPM Chudovo plywood mill in Russia.
  • UPM announced the next step towards entering a new sustainable biochemicals business.

Q1-Q3 2017 highlights 

  • Comparable EBIT increased by 8% to EUR 926 million (859 million in Q1–Q3 2016). 
  • Solid profit performance continued through a turn in input cost environment. 
  • Growth initiatives contributed to the comparable EBIT growth. 
  • Strong operating cash flow at EUR 1,151 million (1,281 million).
  • UPM announced focused growth investments at the Kaukas pulp mill and the Tampere label stock factory. 
  • UPM announced divestments of hydropower assets in Germany, Austria and the US.

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19.01.2018 at 18:29 EET

Reports and Presentations

Here you will find UPM’s financial reports and presentations, as well as selected presentations as webcasts

Results centre

Here you will find a summary of UPM’s latest results and a wide selection of UPM's financial figures

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Investor Relations: +358 (0)204 15 0033, ir@upm.com
Media Relations: +358 (0)40 588 3284, media@upm.com