Excellent quarter, further steps in transformation
UPM-Kymmene Corporation Interim Report 24 October 2017 at 09:35 EET Excellent quarter, further steps in transformation Q3 2017 highlights · Comparable EBIT increased by 12% to EUR 351 million (314 million in Q3 2016). · Good growth in deliveries and strong operational efficiency with no significant maintenance activity. · Strong operating cash flow at EUR 486 million (506 million). · Net debt decreased to EUR 623 million (1,479 million). · UPM announced a new focused growth project at the UPM Chudovo plywood mill in Russia. · UPM announced