Oct 29, 2024 / 11:15AM GMT
Massimo Reynaudo - UPM-Kymmene Oyj - President, Chief Executive Officer, Member of the Group Executive Team
Hello everyone. Welcome to UPM's quarter three, 2024 results webcast. My name is Massimo Reinaudo. I am the CEO of UPM. Here with me is Stapio Corpainan, the CFO.
Tapio Korpeinen - UPM-Kymmene Oyj - Chief Financial Officer, Executive Vice President - UPM Energy, Member of the Group Executive Team
Hi to everyone on the line.
Massimo Reynaudo - UPM-Kymmene Oyj - President, Chief Executive Officer, Member of the Group Executive Team
Together we will illustrate the main elements of the UPM performance last quarter and year to-date. Let me start with the key elements that characterize the quarter. Our Q3 results improved both year on year and quarter on quarter, with a good contribution from the fully ramped up Paso de los Toros pulp mill.
The earnings improvement, albeit good, was lower than earlier expected, as the market demand of our products slowed down after a strong start of the year. In this slower
Q3 2024 UPM-Kymmene Oyj Earnings Call Transcript
Oct 29, 2024
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