UPM’s earnings show rising trend, paper deliveries still receding

Uruguay pulp project moves one step ahead – Selling prices frequently higher

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Profits of UPM increased slightly in the 2017 business year against higher sales. Jussi Pesonen, president and CEO of the company spoke of a record year and 19 successive quarters with improved earnings. UPM’s operating profit increased to €1.26bn (2016: €1.15bn) due to higher deliveries and lower depreciation ...

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