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UPM Biorefining shows strong growth in profit

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Published in issue 35/2015
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Higher pulp prices in the UPM Biorefining division in the second quarter generated a significant year-on-year rise in profit in the second quarter. The EBITDA improved by 132% to €153m (April-June 2014: 66m) and the adjusted operating profit showed a fourfold increase to €118m (31m). Divisional turnover was up by ...

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