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State: 17.08.2024 | 11PM
Tue, 29.10.2024       UPM-Kymmene

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 performance

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