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Drop in output at UPM-Kymmene

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Published in issue 48/2001
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The reduction of sawn timber prices along with rising costs for logs had resulted in a 50% drop of the operating profit obtained by the Wood Products division of Helsinki-based Finnish forestry group UPM-Kymmene Oy in the first three quarters of 2001 (Jan.-Sept. 2000: 64m). Sales of EUR1.118bn (1.1bn) were the same as ...

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