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UPM-Kymmene sees profits slip

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Published in issue 45/2001
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Due to a drop in capacity utilisation, Finish UPM-Kymmene posted an almost 50% year-on-year decrease in profits for the first nine months of the current business year despite raising sales prices of its core products. At the end of September 2000, UPM reported sales of EUR6.95bn and net-profits of EUR1.2bn (3Q 2000: ...

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