UPM Interim Report Q1 2022: Strong performance supported by tight markets
UPM-Kymmene Corporation Stock Exchange Release (Interim Report) 26 April 2022 at 09:50 EEST UPM Interim Report Q1 2022:Strong performance supported by tight markets Q1 highlights · Sales increased by 12% to EUR 2,507 million (2,234 million in Q1 2021) · Comparable EBIT was in line with last year at EUR 277 million, 11.0% of sales (279 million, 12.5%) · Operating cash flow was EUR 12 million (217 million) · Net debt increased to EUR 837 million (83 million) and net debt to EBITDA ratio was 0.46 (0.06) · Sales prices increased in all business areas and