Investors

UPM's Q3 operating profit excluding special items was EUR 136 million - delivery volumes fell and cost level peaked. Solid operating cash flow continued.

Earnings per share excluding special items were EUR 0.19 (0.28), and reported
EUR -0.21 (0.34). EBITDA was EUR 331 million, 12.7% of sales (384 million, 16.6% of sales). Delivery volumes turned down and variable costs reached the peak. Operating cash flow continued solid at EUR 285 million.

Q1-Q3/2011 

Earnings per share excluding special items were EUR 0.77 (0.72), and reported EUR 0.68 (0.80). EBITDA was EUR 1,082 million, 14.7% of sales (1,025 million, 15.6% of sales). Myllykoski acquisition was completed and a major restructuring plan announced. Balance sheet is strong even after the Myllykoski acquisition. Read more>>