UPM offsets crisis costs and achieves top results thanks to higher sales prices

Still good first half of 2023 expected despite numerous uncertainties

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Despite the structural and crisis-related decline in printing and writing paper deliveries, a strike at its Finnish mills from January to April and significantly increased costs, UPM achieved record sales and profits last year. UPM sold about one million t less pulp and about 1.3 million t less paper last year than ...

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