UPM reports strong Q3 cash flow
Operating cash flow reached €420 million despite an 8% drop in EBIT due to destocking and cost inflation. UPM also outlines its outlook and ongoing transformative projects.
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Material solutions company
upm.comLast updated
In short: UPM reported softer Q3 results, launched its Leuna biorefinery, and advanced the WISA demerger and Sappi JV.
Operating cash flow reached €420 million despite an 8% drop in EBIT due to destocking and cost inflation. UPM also outlines its outlook and ongoing transformative projects.
This follows a partial demerger of UPM's plywood business into the new WISA Group Plc. Trading is expected to begin around November 2, 2026.
The plant has an annual capacity of 220,000 tons. It produces wood-based biocemicals with an investment of 1.3 billion euros.
Lasse von Hertzen becomes WISA's CFO with trading starting Nov 2. The Finnish Financial Supervisory Authority approved the update regarding the October 31 demerger.
The forest group UPM's profit fell in the third quarter. The company's comparable operating profit was EUR 131 million in July-September, compared to EUR 142 million in the corresponding period last year. In July-September, UPM's...
UPM's extraordinary general meeting held on August 31, 2026 decided on the Distribution in accordance with the Distribution Plan. In connection with the implementation of the distribution, UPM's shareholders will receive as consideration for the distribution one new share of WISA Group for each share of UPM they own...
UPM's Leuna plant in Germany was inaugurated on Thursday. The facility produces biocemicals from wood, with UPM aiming to target a new market for fossil-based products. According to the company, customer interest already exceeds the refinery's upcoming...
Sep. 21 Sources: EU expected to block UPM and Sappi joint venture, Reuters FW Sep. 18 EU antitrust regulators set to block UPM-Sappi merger, sources...
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