UPM-Kymmene 2Q adj. EBIT EUR126M, est. EUR190.4M
UPM-Kymmene Oyj, a leading global provider of renewable and recyclable products, has reported its second-quarter (Q2) financial results, which fell short of analysts' expectations. The company's adjusted EBITDA for Q2 was EUR 126 million, compared to the IBES estimate of EUR 190.4 million [1].
Revenue for the quarter was EUR 2.4 billion, which was also below the IBES estimate of EUR 2.514 billion. The company's earnings per share (EPS) were EUR 0.13, while net income stood at EUR 71 million. Adjusted EBIT was EUR 126 million, and EBIT was EUR 107 million [1].
UPM-Kymmene's outlook for the second half (H2) of the year remains cautious. The company expects its comparable EBIT to be in the range of EUR 425-650 million. This outlook reflects the company's anticipation of lower variable costs and lower sales margins for pulp, lower deliveries of communication papers, and higher maintenance activity in H2 [1].
Notably, the company has announced the extension of the scheduled shutdown of its Kaukas pulp mill in Q3 by approximately two months. This decision is driven by the continued high wood prices and the need for further curtailments at the Finnish pulp mills [1].
Investors and financial professionals should closely monitor UPM-Kymmene's ongoing initiatives to manage costs and improve operational efficiency, as these factors will significantly impact the company's financial performance in the coming quarters.
References:
[1] Reuters. (2025). UPM sees H2 comp EBIT to be in range of EUR 425-650 million. Retrieved from https://www.tradingview.com/news/reuters.com,2025:newsml_PLX7A9AD7:0-upm-sees-h2-comp-ebit-to-be-in-range-of-eur-425-650-mln/
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