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UPM increases operating profit in the first quarter

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Published in issue 19/2005
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In the first quarter of 2005, UPM achieved a marked improvement in its operating result excluding non-recurring items. Jussi Pesonen, president and CEO of UPM, reported that the company’s operating profit, excluding non-recurring items, was raised by €74m to €173m (first quarter 2004: €99m), owing to improved ...

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