UPM Interim Report Q3 2021
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) • Operating cash flow was EUR 844 million (659 million)