Thursday, October 25, 2012

UPM Reports Q3 Finances

SUMMARY - UPM INTERIM REPORT - SEPTEMBER 2012: UPM'S Cash flow continued to be strong in Q3 in challenging operating environment.
•Earnings per share excluding special items were EUR 0.15 (0.19), and reported EUR 0.06 (-0.21)
•EBITDA was EUR 305 million, 11.8% of sales (331 million, 12.7% of sales)
•EBITDA was affected by temporary production disruptions in Pulp
•Net debt decreased by EUR 246 million to EUR 3,139 million