Interim Report Q1/2017: UPM businesses deliver a strong start for 2017
UPM-Kymmene Corporation Interim Report 25 April 2017 at 9:50 EET Interim Report Q1/2017:UPM businesses deliver a strong start for 2017 Q1 2017 highlights · Comparable EBIT increased by 8% to EUR 305 million (281 million). · Strong operational efficiency and good growth in deliveries. · Operating cash flow was strong at EUR 396 million (341 million). · Net debt decreased to EUR 807 million (1,873 million). · UPM announced divestments of hydropower assets in Germany, Austria and the US. · UPM renewed its long-term financial targets in