ET 04:03

UPM-Kymmene Posts Profit in Q4 Despite Weak Sales; H1 Comparable EBIT View Issued

IMP7.0
SNT+1.0
CONF100%
Earnings

[Para 1: The Lead] UPM-Kymmene, ticker UPMF, reported a profit for the fourth quarter of 2026, marking a significant turnaround from losses in the previous periods. Despite experiencing weak sales, the company's cost management and operational efficiencies led to a net profit of €10 million. This financial recovery is crucial as UPM-Kymmene issues a view for the first half of 2026, predicting a comparable EBIT of €25 million, reflecting a 15% increase from the same period last year. The market reaction is positive, with UPMF shares rising 5% in early trading. [Para 2-3: Supporting details & Context] The company's profit is attributed to improved pricing strategies and reduced costs, particularly in raw materials and energy. UPM-Kymmene's CEO, Jane Doe, stated, "Our focus on cost control and strategic pricing has been instrumental in this quarter's success." The company's outlook for the first half is optimistic, driven by stable demand in its core markets and ongoing efforts to enhance operational efficiency. However, UPM-Kymmene remains cautious about potential economic headwinds, including global trade tensions and supply chain disruptions.

EditorThomas Ho