UPM's Q4 2012 results were broadly in line with the
company's guidance. Operating profit excluding special items was approximately
EUR 138 million, compared with EUR 147 million in Q4 2011, or EUR 122 million
in Q3 2012. UPM expected its Q4 2012 operating profit excluding special items
to be about the same or lower than in Q3 2012.
Profitability of Paper Business Area continued at previous
quarter's level with reported operating loss excluding special items of EUR 10
million in Q4 2012.UPM will publish its Financial Statements release 2012, including outlook statement on 31 January 2013 with analyst conference call as well as Finnish press conference on the same day.
