Discover UPM's strategies amid rising energy prices, stabilizing pulp markets, and transitioning communication papers. Read ...

Q4 2024 highlights Q4 2024 highlights 2024 highlights Key figures   Massimo Reynaudo, President and CEO, comments on the results: Our performance in 2024 improved from the previous year, supported by ...

In Q4, UPM Fibres continued to increase pulp deliveries, but pulp sales prices were at a low level. The railway from UPM Paso de los Toros to the port of Montevideo was in full use by the end of ...

In decarbonisation solutions, UPM Biofuels had a clear negative impact on our 2024 result throughout the year due to the significant downturn in the renewable fuels market. The performance is now ...

In Q4, UPM Fibres continued to increase pulp deliveries, but pulp sales prices were at a low level. The railway from UPM Paso de los Toros to the port of Montevideo was in full use by the end of ...

Citi analyst Ephrem Ravi adjusted the rating for UPM-Kymmene OYJ (UPM:FH) (OTC: UPMKY), elevating it from Neutral to Buy and increasing the price target significantly to €36.00, up from the previous ...

Q4 2024 Management View CEO Massimo Reynaudo highlighted a 21% increase in full-year comparable EBIT, supported by the Paso de los Toros pulp mill and improved advanced material deliveries. Fixed cost ...

However, UPM is expected to benefit from increased volumes throughout 2025 and the full operation of its Uruguay pulp mill, which is projected to add 0.3 million tons of pulp in the year.

Massimo Reynaudo, Chief Executive Officer (CEO) of UPM, attributed the improved performance to the company's new pulp mill in Uruguay and increased sales volumes in advanced materials. However ...