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UPM-Kymmene: Positive result for plywood business

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Published in issue 6/2012
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Plywood business at the Finnish timber and paper concern UPM-Kymmene Corp., Helsinki, showed a further recovery in the 2011 business year. The Plywood division generated 8% higher turnover to €376m (2010: 347m) and an EBITDA of €18m (1m) primarily on account of improved prices and higher sales volume. Although the ...

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