Sites Investors Businesses Responsibility News & Stories About us Careers Contact us UPM.COM Investors We are committed to concrete actions to mitigate climate change. Climate Actions UPM Interim Report Q3 2021: UPM delivers a record quarter in an exceptionally volatile global environment Q3 2021 highlights Sales increased by 24% to EUR 2,523 million (2,028 million in Q3 2020) Comparable EBIT increased by 98% to EUR 424 million, 16.8% of sales (215 million, 10.6%) Operating cash flow was EUR 318 million (365 million) Demand for UPM’s products was good, and overall, price increases more than offset the rapid rise in input costs UPM completed the sale of the UPM Shotton newsprint mill in the UK The global sustainability ratings provider EcoVadis recognised UPM on the highest possible Platinum level for its responsible performance in 2021 UPM was recognised as one of the world’s 37 most sustainable companies by the UN Global Compact Q1 - Q3 2021 highlights Sales increased by 12% to EUR 7,141 million (6,392 million in Q1–Q3 2020) Comparable EBIT increased by 45% to EUR 1,010 million (697 million), and was 14.1% (10.9%) of sales Operating cash flow was EUR 844 million (659 million) UPM's transformative growth projects made good progress Net debt increased to EUR 667 million (89 million) and net debt to EBITDA ratio was 0.38 (0.06) Cash funds and unused committed credit facilities totalled EUR 2.5 billion at the end of September UPM started the basic engineering phase of a next-generation biofuels refinery in January UPM joined The Climate Pledge in February, committed to reach the targets of the Paris Agreement 10 years in advance UPM Interim Report Q3 2021 UPM Interim Report Q3 2021, CEO Presentation Last share price €32.65 Change -0.63 (-1.89%) High €33.64 Low €32.57 Volume 1,133,952 UPM Investor Presentation 2021 UPM has consistently improved its financial, social and environmental performance in recent years. Our business model, performance culture and effectiveness in capital expenditure have delivered excellent results. Over the coming years, we can allocate more capital to growing and transforming the company while simultaneously distributing attractive dividend to our shareholders and... Read more Value from Responsibility Responsible business conduct is a solid foundation for long-term value creation. By replacing nonrenewable materials with renewable ones, using them more efficiently and creating new responsible solutions, we are building a sustainable future beyond fossils. At the same time, we consider responsibility as a source of competitive advantage. Read more Each of our six business areas has a clearly defined strategic role in UPM. Our businesses are varied but they all are united by our Biofore vision, and a single sense of purpose: to create value to our customers in a responsible and sustainable manner. UPM Biorefining UPM Energy UPM Raflatac UPM Specialty Papers UPM Communication Papers UPM Plywood Other Operations Find the latest information Reports and Presentations Here you will find UPM’s financial reports and presentations, as well as selected presentations as webcasts Read more Results centre Here you will find a summary of UPM’s latest results and a wide selection of UPM's financial figures Read more Upcoming events Check out our upcoming and past events Read more Order UPM’s Annual Report If you would like to order our printed Annual Report kindly use the order form below Order Latest news Investor Relations: +358 (0)204 15 0033, ir@upm.com ALL INVESTOR RELATIONS CONTACTS Media Relations: +358 (0)40 588 3284, media@upm.com ALL MEDIA RELATIONS CONTACTS Share in social media We use cookies on this website to ensure the best user experience and to target personalised content and relevant advertising. You can approve cookies by pressing the button or choose another option by clicking on this link. For more information see our Privacy Policy. Approve Investors Businesses Responsibility News & Stories About us Careers Contact us Back to top For suppliers E-invoicing Certificate finder Safety Induction Where we operate Code of Conduct News & Stories Vacancies Contacts Image bank All releases UPM Switchboard +358 (0) 204 15 111 This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Services apply. Firstname.lastname@upm.com Responsibility contacts Media contacts Investors contacts Contacts for businesses Subscribe to our news releases Give us feedback Copyright © 2021 UPM. All rights reserved. Legal Notice Privacy Policy [苏ICP备17042973号-2] Cookie policy settings