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UPM Interim Report Q3 2018 was published on 24 October

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UPM Interim Report Q3 2018

Strong quarter sets a new benchmark for UPM’s performance

Q3 2018 highlights

  • Sales grew by 6% to EUR 2,650 million (2,493 million in Q3 2017).
  • Comparable EBIT increased by 20% to EUR 420 million (351 million).
  • Sales prices increased in all business areas, outweighing the impact of higher input costs.
  • Temporary operational issues in UPM Communication Papers and UPM Biorefining had a EUR 30 million negative impact. 
  • Operating cash flow was strong at EUR 434 million (486 million).
 

Q1-Q3 2018 highlights

  • Comparable EBIT increased by 20% to EUR 1,109 million (926 million in Q1–Q3 2017).
  • Sales prices increased in all business areas, outweighing the impact of higher input costs and unfavourable currency exchange rates.
  • UPM paid a dividend of EUR 613 million.
  • Net debt decreased to EUR 4 million (623 million).
  • UPM initiated focused investments in Germany, Finland and China, to grow in the attractive release liner segments.
 
 
 

UPM Investor Presentation 2018

 

Each of our seven business areas has a clearly defined strategic role in UPM. Our businesses are varied but they all are united by our Biofore vision, and a single sense of purpose: to create value to our customers in a responsible and sustainable manner.

 
 

Find the latest information

 

Latest news

 
Stock Exchange Release Dec 12 2018

UPM-Kymmene Corporation: Managers' Transactions (Korpeinen)

UPM-Kymmene Corporation      Managers' Transactions         12 December 2018 at 12:15 EET UPM-Kymmene Corporation: Managers' Transactions (Korpeinen) UPM-Kymmene Corporation has on 11 December 2018 received the following notification: Person subje...

Stock Exchange Release Dec 12 2018

UPM-Kymmene Corporation: Managers' Transactions (Pesonen)

UPM-Kymmene Corporation      Managers' Transactions         12 December 2018 at 12:15 EET UPM-Kymmene Corporation: Managers' Transactions (Pesonen) UPM-Kymmene Corporation has on 11 December 2018 received the following notification: Person subject...

Press Release Dec 12 2018

UPM Raflatac announces new senior leaders:Tim Kirchen appointed Senior Vice President, Americas Region and Timo Kekki, Vice President, Global Films SBU

(UPM Raflatac, Helsinki, 12 December 2018 at 10:00 EET) - UPM Raflatac is pleased to announce two key additions to its global management team. Tim Kirchen has been appointed Senior Vice President, Americas Region, and Timo Kekki has been appointed...

Stock Exchange Release Dec 10 2018

UPM increases the fair value of its forest assets in Finland and changes the accounting policy of forest renewal costs

UPM-Kymmene Corporation      Other information disclosed according to the rules of the Exchange         10 December 2018 at 13:30 EET UPM increases the fair value of its forest assets in Finland and changes the accounting policy of forest renewal...

Press Release Dec 05 2018

UPM Raflatac expands RafCycle® label liner recycling solution to North America

(UPM Raflatac, Mills River, NC, USA, December 5, 2018 at 17:00 EET) - UPM Raflatac, the global leader in sustainable pressure sensitive labeling solutions, is pleased to announce its RafCycle® recycling solution has expanded to the United States a...

Press Release Dec 05 2018

UPM Plywood sponsors a show garden displaying Finnish nature at the RHS Chelsea Flower Show 2019 in London

(UPM, Lahti, 5 December 2018 at 10:00 EET) - UPM Plywood sponsors a show garden displaying Finnish nature at the RHS Chelsea Flower Show. The Chelsea Flower Show is the most prominent gardening event in the world. The 2019 edition of the five-day...

Press Release Dec 04 2018

The clear sustainable choice: UPM Raflatac's Vanish PCR with recycled content face and liner a global first for clear film labeling

(UPM Raflatac, Helsinki, 4 December 2018 at 15:00 EET) - UPM Raflatac is boldly taking a leap forward in its promise to label a smarter future. Its new sustainable Vanish PCR line of ultra-thin clear film labels are now available in the EMEIA...

Press Release Dec 04 2018

Transport decarbonisation moves forward - UPM Biofuels welcomes new EU Renewable Energy Directive REDII

(UPM, Helsinki, 04 December 2018 at 13:15 EET) - European institutions have agreed on the Renewable Energy Directive REDII for the 2020s after the European Council adopted the agreement made earlier this summer. UPM welcomes the agreement that wil...

 

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