UPM Sees H2 Comp EBIT To Be In Range Of EUR 425-650 Mln
UPM-Kymmene Oyj 
UPM:
UPM Q2 ADJUSTED EBITDA EUR 257 MILLION VERSUS. IBES ESTIMATE EUR 334.3 MILLION
UPM Q2 REVENUE EUR 2,400 MILLION VERSUS. IBES ESTIMATE EUR 2,514 MILLION
UPM Q2 EPS EUR 0.13
UPM Q2 NET INCOME EUR 71 MILLION
UPM Q2 ADJUSTED EBIT EUR 126 MILLION VERSUS. IBES ESTIMATE EUR 190.9 MILLION
UPM Q2 EBIT EUR 107 MILLION
H2 OUTLOOK: COMPARABLE EBIT TO BE IN RANGE OF EUR 425-650 MILLION
SCHEDULED SHUTDOWN OF KAUKAS PULP MILL IN Q3 WILL BE EXTENDED TO APPROXIMATELY TWO MONTHS
SEES PERFORMANCE IN H2 COMPARED WITH H1 TO BENEFIT FROM LOWER VARIABLE COSTS
IN H2 SEES LOWER SALES MARGINS FOR PULP, LOWER DELIVERIES OF COMMUNICATION PAPERS, AND HIGHER MAINTENANCE ACTIVITY
DUE CONTINUED HIGH WOOD PRICES, CO WILL TAKE FURTHER CURTAILMENTS AT OUR FINNISH PULP MILLS AS NEEDED
