UPM-Kymmene Oyj provided earnings guidance for the year 2022. UPM's comparable EBIT is expected to increase in 2022 from 2021, and in H2 2022 from H2 2021. Significant uncertainties remain in the outlook for 2022, related to the war in Ukraine, the ongoing pandemic, growth in the European and global economy, the energy prices and availability in Europe, the start-up of the OL3 power plant unit, and the tight raw material and logistics markets.