Massimo Reinaudo
CEO of UPM
Replay available
Upm Kymmene Corp (UPMKF) Q1 2026 Earnings Call
Upm Kymmene Corp (OTC: UPMKF) Q1 2026 earnings conference call, held 2026-04-29. Replay captured from the company's public earnings webcast.
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Featured presenters
Tapio Korpainen
CFO of UPM
Johannes Grunzelius
Analyst, SB1 Mäter
Gabriel Simos
Analyst, Goldman Sachs
Reinhard van der Walt
Analyst, Bank of America
Ioannis Masvoulis
Analyst, Morgan Stanley
Linus Larson
Analyst, SEB
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Upm-kymmene Oyj.
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.263 Hello, everyone. Welcome to UPM Quarter 1, 2026 00:00:05.263 -- 00:00:07.368 results webcast. 00:00:07.368 -- 00:00:13.080 I'm Massimo Reinaudo. I'm the CEO of UPM. Here with me is Tapio Korpainen, 00:00:13.080 -- 00:00:15.241 the CFO. 00:00:15.686 -- 00:00:20.734 Well, we had a good start of the year. Despite 00:00:20.734 -- 00:00:26.704 the fact that geopolitics continued to introduce new uncertainties, 00:00:26.704 -- 00:00:30.731 we delivered solid results during the quarter. 00:00:30.731 -- 00:00:35.940 Hello, everyone. Welcome to UPM Quarter 1, 2026 00:00:35.940 -- 00:00:38.024 results webcast. 00:00:38.024 -- 00:00:43.733 I'm Massimo Reinaudo. I'm the CEO of UPM. Here with me is Tapio Corpainan, 00:00:43.733 -- 00:00:45.914 the CFO. 00:00:46.252 -- 00:00:51.401 Well, we had a good start of the year. Despite 00:00:51.401 -- 00:00:57.689 the fact that geopolitics continued to introduce new uncertainties, 00:01:02.642 -- 00:01:06.923 we delivered solid results during the quarter. 00:01:06.923 -- 00:01:11.950 The quarter one comparable EBIT was 274 million 00:01:11.950 -- 00:01:18.756 euros, with an EBIT margin of 10.8% in line with last year. 00:01:18.859 -- 00:01:24.466 Our decarbonisation solutions achieved an excellent performance, 00:01:24.466 -- 00:01:30.014 and our advanced materials businesses continue to show steady and resilient 00:01:30.014 -- 00:01:32.014 performance. 00:01:32.417 -- 00:01:38.142 Fibres improved its performance compared to the previous quarter. 00:01:38.446 -- 00:01:41.990 Our diversified business portfolio 00:01:41.990 -- 00:01:44.934 and the global spread of our activities 00:01:44.934 -- 00:01:49.039 served us well in this volatile environment. 00:01:49.039 -- 00:01:54.065 As an example of the str...