UPM presents portfolio strategy to accelerate growth and improve margins
Bitget2026/10/29 11:29- UPM expects second-half 2026 comparable EBIT from continuing operations of €375 million–€575 million, excluding discontinued plywood operations.
- Third-quarter comparable EBIT from continuing operations fell 8% to €131 million as customer destocking reduced deliveries and variable costs increased.
- Operating cash flow rose to €420 million from €218 million a year earlier, supported by improved working capital efficiency.
- The European Commission reiterated serious concerns about the planned Sappi graphic paper joint venture; discussions cover specific remedies, excluding divestments.
- Leuna’s integrated biochemicals production is expected to start in second-quarter 2027, with nominal capacity targeted for early 2028.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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