UPM’s earnings in the first nine months down by one third year-on-year

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UPM’s profit decreased by 33% in the first nine months of 2012. The company generated earnings of €237m compared to €355m in the same period of last year. The operating profit stood at €316m, down by around 4% year-on-year, while sales reached €7.79bn and increased by 5% compared to the first nine months of ...

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