2019 began on a strong note for UPM-Kymmene. Healthy performances were sustained across all divisions, with the exception of Speciality Paper – where the scope for meaningful recovery still remains. While management guides for the secular decline of conventional paper to be sustained, it remains focused on niche, though high-potential, growth opportunities. These efforts should be backed by UPM’s undisputed balance sheet strength. Moreover, cost optimisation measures, in which the
03 May 2019
A strong Q1 and, more importantly, business optimism remains
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A strong Q1 and, more importantly, business optimism remains
2019 began on a strong note for UPM-Kymmene. Healthy performances were sustained across all divisions, with the exception of Speciality Paper – where the scope for meaningful recovery still remains. While management guides for the secular decline of conventional paper to be sustained, it remains focused on niche, though high-potential, growth opportunities. These efforts should be backed by UPM’s undisputed balance sheet strength. Moreover, cost optimisation measures, in which the