UPM-Kymmene Oyj reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was EUR 3,231 million compared to EUR 2,673 million a year ago. Net income was EUR 498 million compared to EUR 334 million a year ago. Basic earnings per share from continuing operations was EUR 0.93 compared to EUR 0.63 a year ago. Diluted earnings per share from continuing operations was EUR 0.93 compared to EUR 0.63 a year ago.
For the full year, sales was EUR 11,720 million compared to EUR 9,814 million a year ago. Net income was EUR 1,526 million compared to EUR 1,286 million a year ago. Basic earnings per share from continuing operations was EUR 2.86 compared to EUR 2.41 a year ago. Diluted earnings per share from continuing operations was EUR 2.86 compared to EUR 2.41 a year ago.