UPM financial statements release 2023: UPM’s earnings recovery continued in Q4, growth projects set to deliver
UPM-Kymmene Corporation Financial Statements Release 2023 1 February 2024 at 09:50 EET UPM financial statements release 2023:UPM’s earnings recovery continued in Q4, growth projects set to deliver Q4 2023 highlights · Sales decreased by 22% to EUR 2,531 million (3,231 million in Q4 2022) · Comparable EBIT decreased by 51% to EUR 323 million, 12.8% of sales (653 million, 20.2%) · Operating cash flow was EUR 456 million (1,576 million), supported by cash inflow from working capital · Net debt was EUR 2,432 million (2,374