Investing.com - UPM-Kymmene reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
UPM-Kymmene announced earnings per share of €0.69 on revenue of €2.67B. Analysts polled by Investing.com anticipated EPS of €0.576 on revenue of €2.54B.
UPM-Kymmene shares are up 17% from the beginning of the year and are trading at €32.80 , down-from-52-week-high.They are outperforming the IBEX 35 which is down 0.55% from the start of the year.
UPM-Kymmene shares lost 7.45% in intra-day trade the report.
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