STRONG RECOVERY IN UPM’S OPERATING PROFIT, OPERATING PROFIT FOR THE SECOND HALF OF THE YEAR EXPECTED TO IMPROVE FROM THE FIRST HALF
Q2/2010 – Earnings per share were EUR 0.33 (-0.02), excluding special items EUR 0.29 (0.03) – Operating profit excluding special items was EUR 199 million (EUR 31 million) – Delivery volumes increased in all businesses – sales grew by 20% – Sales prices started to increase following increasing demand