UPM Half-Year Financial Report 2022: UPM delivers record Q2 earnings with successful margin management in exceptional business environment
UPM-Kymmene Corporation Stock Exchange Release (Half-Year Financial Report) 21 July 2022 at 09:30 EEST UPM Half-Year Financial Report 2022:UPM delivers record Q2 earnings with successful margin management in exceptional business environment Q2 2022 highlights · Sales increased by 7% to EUR 2,562 million (2,384 million in Q2 2021) · Comparable EBIT grew by 26% to EUR 387 million, 15.1% of sales (307 million, 12.9%) · Operating cash flow was EUR -879 million (308 million), impacted by cash flows from energy hedges. Other operating cash flows were largely as