Financial Statements Release 2017: Excellent finish to the record-strong year 2017
UPM-Kymmene Corporation Financial Statements Release 31 January 2018 at 09:45 EET Financial Statements Release 2017:Excellent finish to the record-strong year 2017 Q4 2017 highlights · Comparable EBIT increased by 29% to EUR 366 million (283 million in Q4 2016). · Sales prices and delivery growth boosted earnings, outstripping the impact of higher input costs and unfavourable currencies. · Strong operating cash flow at EUR 407 million (405 million). · Net debt decreased to EUR 174 million (1,131 million). · UPM and the Government of Uruguay