HELSINKI, Oct. 29, 2024 /PRNewswire/ -- UPM-Kymmene Corporation Stock Exchange Release (Interim Report) 29 October 2024 at 09:40 EET
UPM Interim Report Q3 2024:Comparable EBIT +32% from last year in a challenging market
Q3 2024 highlights
Sales decreased by 2% to EUR 2,521 million (2,584 million in Q3 2023)Comparable EBIT increased by 32% to EUR 291 million, 11.5% of sales (220 million, 8.5%)Operating cash flow was EUR 242 million (641 million)Demand recovery for UPM's products slowed downUPM Paso de los Toros pulp mill was in full productionUPM acquired Grafityp in Belgium to accelerate growth in UPM RaflatacUPM closed the Hürth newsprint mill and decided on the shutdown of one fine paper machine at the Nordland mill, GermanyEcoVadis awarded UPM a platinum score based on the company's sustainability performanceThe information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.
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