- UPM-Kymmene’s preliminary adjusted EBIT for the third quarter is reported at €291 million.
- Preliminary sales for the third quarter are €2.52 billion.
- UPM’s earnings have improved in the second half of the year, but not as much as anticipated.
- The company expects fourth-quarter comparable EBIT to be at a similar level or higher than the fourth quarter of 2023.
- UPM’s full-year 2024 comparable EBIT is expected to be on par with or higher than in 2023, countering earlier expectations for an increase from 2023.
- Market demand for UPM’s products has been weaker than expected, resulting in lower delivery volumes across most sectors.
- The UPM Fibres business has been negatively impacted by a weakened pulp market and high wood costs in Finland.
- The UPM Paso de los Toros pulp mill has been operating at full capacity since its first maintenance shutdown in June.
- UPM is scheduled to release its third-quarter interim report on October 29.
- Shares have decreased by 4.8%, trading at €27.57 with 733,700 shares exchanged.
- Current investment analyst recommendations include 15 buys, 7 holds, and 1 sell.
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A look at UPM-Kymmene OYJ Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts using Smartkarma Smart Scores have given UPM-Kymmene OYJ a positive long-term outlook based on its overall scores. With strong scores in Value, Dividend, Resilience, and Growth, the company is seen as a solid investment option. UPM-Kymmene’s focus on manufacturing forest products such as papers, labels, and packaging materials, along with its global presence, contributes to its positive outlook.
While the company scores slightly lower in Growth and Momentum, its consistent performance in Value, Dividend, and Resilience categories indicates stability and reliability for investors. UPM-Kymmene’s diversified product range and presence in multiple countries position it well for long-term success in the forest products industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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