UPM ups Q1 EBIT on good results in pulp and plywood

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UPM-Kymmene Corporation (UPM) has increased its first quarter 2015 operating profit to €203m from €191m in the same period of 2014, but fell short of analysts’ forecasts that expected the company to reach more than €210m in operating profit. Consequently, UPM-shares tumbled by 9% to €16.91 at the NASDAQ OMX ...

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