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UPM-Kymmene reports declining revenues

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Published in issue 44/1996
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Weaker demand and declining paper prices led to a sharp decline in revenues at UPM-Kymmene, Helsinki. Profits before tax and deduction of minority holdings of FM2.576bn were recorded for the first eight months of 1996 (corresponding period of the previous year: FM4.565bn). Sales attained FM33.822bn (FM35.616bn). ...

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