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Trade dispute diminishes UPM’s profitability

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Published in issue 32/2005
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The trade dispute in the Finnish pulp and paper industry turned out to have a lasting negative impact on UPM’s business results for the second quarter of 2005. The Finnish group recorded an operating profit of €11m (second quarter 2004: €87m) and a pre-tax loss of €50m compared to a profit of €79m in the ...

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