UPM-Kymmene Oyj (OTCPK:UPMMY)
$ 27.1501 -0.3499 (-1.27%) Market Cap: 14.67 Bil Enterprise Value: 18.14 Bil PE Ratio: 19.33 PB Ratio: 1.28 GF Score: 69/100

Full Year 2022 UPM-Kymmene Oyj Earnings Call Transcript

Feb 02, 2023 / 11:15AM GMT
Release Date Price: $37.09 (-0.13%)
Jussi Pesonen
UPM-Kymmene Oyj - President & CEO

Dear colleagues, dear audience, welcome to UPM's Fourth Quarter and Full Year 2022 Result Webcast. My name is Jussi Pesonen, I am the CEO of UPM. And as always, I'm here with our CFO, Tapio Korpeinen.

Tapio Juhani Korpeinen
UPM-Kymmene Oyj - CFO & Executive VP of UPM Energy

Hello to everyone on the line.

Jussi Pesonen
UPM-Kymmene Oyj - President & CEO

So let's get started. 2022 was a pivotal year for UPM. We delivered all-time high annual sales and earnings driven by success across all of the businesses that we have. This shows UPM's resilience in exceptional environment marked by high inflation and Ukraine's war or Russian war in Ukraine and the European energy crisis.

Fourth quarter results were excellent too. It was the second best quarter ever for UPM. At the same time, our transformative growth projects proceeds well, getting ready to deliver growth in earnings, and of course, volumes already this year.

At the same time -- and

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot