Sales 2023 by Business Segment

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Sales 2023 by Geography

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Historical Breakdown of Revenue by Business Segments

Operating Income: Breakdown by Business Segment

Breakdown by Business Segment
Fiscal Period: December2014201520162017201820192020202120222023

Printing And Writing Paper

          

UPM Communication Papers

4.55B 3.33B 3.58B 4.87B 3.6B

Total Assets

2.03B 1.76B 1.9B 2.24B 1.62B

CAPEX

-47M -70M -56M -57M -50M

EBITDA

513M 300M 23M 697M -

D&A

132M 121M 103M 81M 78M

Operating Income

383M 180M -79M 619M 462M

UPM Specialty Papers

1.41B 1.32B 1.48B 1.68B 1.48B

Total Assets

1.12B 1.07B 1.17B 1.32B 1.02B

CAPEX

-115M -27M -12M -18M -23M

EBITDA

194M 273M 209M 230M -

D&A

73M 74M 75M 77M 74M

Operating Income

120M 199M 135M 153M 98M

Paper Manufacturing

          

UPM Fibres

2.71B 2.18B 2.94B 2.7B 3.04B

Total Assets

3.64B 4B 5.57B 6.89B 7.31B

CAPEX

-133M -659M -1.19B -1B -616M

EBITDA

724M 348M 1.02B 743M -

D&A

171M 176M 190M 187M 270M

Operating Income

544M 166M 817M 570M 116M

Office Products

          

UPM Raflatac

1.56B 1.56B 1.67B 1.98B 1.48B

Total Assets

703M 656M 768M 995M 831M

CAPEX

-13M -13M -25M -18M -26M

EBITDA

166M 252M 259M 251M -

D&A

40M 39M 36M 37M 43M

Operating Income

126M 214M 223M 214M 103M

Forestry Services

          

Other Operations

264M 225M 280M 634M 802M

Total Assets

2.16B 2.08B 2.48B 3.15B 3.37B

CAPEX

-35M -110M -172M -283M -361M

EBITDA

-18M 34M -19M 126M -

D&A

27M 29M 25M 45M 44M

Operating Income

-7M -12M 76M 81M -14M

Hydroelectric Power Generation

          

UPM Energy

417M 379M 526M 734M 628M

Total Assets

2.48B 2.25B 2.93B 4.07B 2.62B

CAPEX

-6M -5M -7M -8M -3M

EBITDA

195M 178M 277M 388M -

D&A

9M 7M 7M 7M 7M

Operating Income

185M 171M 270M 381M 182M

Lumber Products

          

UPM Plywood

450M 405M 492M 539M 422M

Total Assets

351M 314M 333M 297M 276M

CAPEX

-29M -17M -14M -9M -15M

EBITDA

61M 59M 99M 133M -

D&A

25M 27M 27M 23M 21M

Operating Income

36M 33M 72M 109M 56M

Internal Sales

- -827M -1.16B -1.42B -

Corporate

- - - - -

Total Assets

- - - - -

CAPEX

- - - - -

D&A

- - - - -

Operating Income

- - - - -

Eliminations and Reconciliation

-1.12B -1M 5M 2M -1B

Total Assets

-362M -235M -516M -657M -411M

CAPEX

- -2M 1M -1M -

D&A

- - - - -

Operating Income

17M -2M -42M -31M 8M

Total Assets

395M 421M 466M 485M 431M

Total Assets

87M 82M 139M 82M 62M

Total Assets

2.12B 2.46B 2.44B 3.34B 1.33B

Geographical Revenue Distribution History

Geographical breakdown of sales
Fiscal Period: December2014201520162017201820192020202120222023

Other EU Countries

2.37B 1.5B 1.65B 2.03B 1.59B

Total Assets

341M 48M 53M 65M 54M

CAPEX

-8M - - - -

China

1.04B 953M 1.06B 1.16B 1.53B

Total Assets

782M 683M 711M 680M 572M

CAPEX

-35M -5M -7M -4M -4M

Germany

1.58B 1.3B 1.4B 2.03B 1.47B

Total Assets

1.14B 1.22B 1.52B 1.95B 2.14B

CAPEX

-94M -136M -204M -468M -358M

Rest of World

1.58B 1.27B 1.48B 1.64B 1.42B

Total Assets

348M 330M 392M 467M 335M

CAPEX

-1M -1M -1M -2M -1M

United States

1.21B 963M 1.09B 1.62B 1.37B

Total Assets

385M 328M 412M 660M 463M

CAPEX

-6M -6M -5M -9M -12M

Finland

894M 865M 1.05B 973M 1.27B

Total Assets

9.22B 9.05B 9.89B 12.48B 8.63B

CAPEX

-135M -131M -83M -82M -153M

United Kingdom

665M 520M 617M 676M 548M

Total Assets

155M 151M 148M 108M 103M

CAPEX

-5M -2M -1M -1M -4M

France

387M 326M 378M 501M 435M

Total Assets

67M 43M 33M 37M 27M

CAPEX

-1M -1M -1M -1M -2M

Other European Countries

476M 298M 352M 388M 306M

Total Assets

185M 29M 27M 40M 32M

CAPEX

-24M -1M -1M - -

Poland

- 277M 336M 402M 301M

Total Assets

- 125M 155M 179M 145M

CAPEX

- -4M -16M -6M -4M

Austria

- 122M 151M 194M 160M

Total Assets

- 103M 101M 96M 106M

CAPEX

- -5M -2M -1M -

Uruguay

25M 25M 63M 56M 66M

Total Assets

2.1B 2.58B 4.05B 5.36B 5.82B

CAPEX

-70M -604M -1.16B -980M -581M

Total Assets

- 53M 51M 55M 47M

CAPEX

- -3M -1M -2M -1M

Russia

- 159M 194M 37M -

Total Assets

- 123M 137M 31M -

CAPEX

- -5M -2M - -

Canada

- - - - -

Total Assets

- - - - -
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