Lower prices weigh on UPM sales and profits, CEO Pesonen praises financial record year 2016

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In its 2016 business year, UPM Kymmene experienced a 3% decline in sales and a 4% decrease in net profit. But in spite of lower prices in many business segments and all the restructuring and capacity closure measures necessary at its Paper ENA division, the mood among management at the Finnish forest products group ...

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