- UPM-Kymmene’s adjusted Ebit for the first quarter beat the estimates at EU333 million, higher than the estimated EU269.4 million.
- Sales for the period stood at EU2.64 billion, equal to the estimate.
- The adjusted EPS was EU0.47, higher than the estimated EU0.37.
- Adjusted Ebit margin was 12.6%, and Adjusted Ebitda was EU489 million, higher than the estimated EU469.1 million.
- Full-year 2024 comparable EBIT is expected to increase from the previous year, thanks to factors such as higher delivery volumes, the continued ramp-up and optimisation of the UPM Paso de los Toros pulp mill, and lower fixed costs.
- However, the comparable EBIT for the first half of 2024 is expected to be lower than for the second half of 2023, primarily due to the timing of energy-related refunds in Q4 2023, and an increase in maintenance activity in Q2 2024.
- Current analyst recommendations sit at 13 buy ratings, 5 hold ratings, and 2 sell ratings for UPM-Kymmene.
A look at UPM-Kymmene OYJ Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
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
UPM-Kymmene OYJ, a leading forest products manufacturer, is positioned well for long-term growth based on its SmartKarma Smart Scores. With strong scores in Value and Dividend at 4, the company demonstrates solid fundamentals and investor returns. While the Growth, Resilience, and Momentum scores are slightly lower at 3, UPM-Kymmene maintains a stable outlook across these factors. The company’s diversified product portfolio and global presence provide a firm foundation for future success.
Specializing in magazine papers, newsprint, specialty papers, and various packaging products, UPM-Kymmene OYJ offers a wide range of forest-based solutions. In addition to its Wood Products division that focuses on sawn products and building materials, the company’s innovative approach positions it as a key player in the industry. With a balanced overall Smart Score performance, UPM-Kymmene OYJ‘s focus on value, dividends, and a diverse product offering sets a positive tone for its long-term prospects in the market.
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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