UPM Half-Year Financial Report 2019: Margin management delivered continued earnings growth
(WorldNews Finland)

UPM Half-Year Financial Report 2019: Margin management delivered continued earnings growth Stock Exchange Release23.7.2019 10:50 EEST UPM-Kymmene Corporation Half-Year Financial Report 23 July 2019 at 09:50 EET UPM Half-Year Financial Report 2019: Margin management delivered continued earnings growth Q2 2019 highlights Sales grew by 1% to EUR 2,605 million (2,589 million in Q2 2018). Comparable EBIT increased by 3% to EUR 345 million (334 million). Cost environment started to moderate, fixed costs decreased mainly due to lower maintenance activity. Operating cash flow increased to EUR 436 million (328 million). Net debt decreased to EUR 366 million (401 million). H1 2019 highlights Sales...