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UPM's profit beats view on cost cuts, FX gains

2015-04-28 10:11:03| Paper - Topix.net

Finnish paper maker UPM-Kymmene Oyj Tuesday posted better-than-expected net profit for the first quarter as cost-cutting measures and currency tailwinds helped it offset the negative impact of lower paper prices and delivery volumes. UPM's net profit for the three months ended March.

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