upm nuevo edificioUPM's result in Q1 of 2018

Finnish forest industry company UPM's sales totalled EUR 2,512mn in the first quarter of 2018, compared to EUR 2,482mn in the first quarter of 2017.

Operating profit rose to EUR 385mn from EUR 312mn. Comparable EBIT totalled EUR 355mn, or 14.1% of sales, compared to EUR 305mn and 12.3% of sales in the first quarter of 2017. UPM expects its comparable EBIT to increase further in 2018 compared with 2017. UPM will continue to implement measures to reduce fixed and variable costs in 2018.

UPM FINLANDIA - 26 abril 2018