UPM Financial Statements 2016 Annual Results

UPM's 2016 financial statements presented by President and CEO Jussi Pesonen on 31 January 2017 demonstrate the company's successful transformation and financial performance. The company achieved record earnings with EUR 9.8B in sales, EUR 1.6B EBITDA, and significant improvements in net debt reduction and cash flow generation. Key metrics show comparable EPS of EUR 1.65, comparable ROE of 10.9%, and a strengthened balance sheet with net debt/EBITDA ratio of 0.73x.