UPM.COM
  • Investors

UPM half year financial report 2019 was published 23 July

You’re welcome to listen to UPM’s recorded webcast via the link below.

UPM Half Year Financial Report 2019:
Margin management delivered continued earnings growth

Q2 2019 highlights

  • Sales grew by 1% to EUR 2,605 million (2,589 million in Q2 2018)
  • Comparable EBIT increased by 3% to EUR 345 million (334 million)
  • Cost environment started to moderate, fixed costs decreased mainly due to lower maintenance activity 
  • Operating cash flow increased to EUR 436 million (328 million)
  • Net debt decreased to EUR 366 million (401 million)

H1 2019 highlights

  • Sales grew by 4% to EUR 5,298 million (5,102 million in H1 2018)
  • Comparable EBIT increased by 4% to EUR 719 million (689 million)
  • Sales prices were higher, outweighing the impact of increased variable costs
  • Operating cash flow increased to EUR 756 million (542 million)
  • UPM decided to close Paper Machine 10 at UPM Plattling, Germany
 
 

 
 

UPM Investor Presentation 2019

 

Each of our six business areas has a clearly defined strategic role in UPM. Our businesses are varied but they all are united by our Biofore vision, and a single sense of purpose: to create value to our customers in a responsible and sustainable manner.

 
 

Find the latest information

 

Latest news

 
 

Investor Relations: +358 (0)204 15 0033, ir@upm.com

Media Relations: +358 (0)40 588 3284, media@upm.com