Q4 2020 UPM-Kymmene Oyj Earnings Call Transcript

Feb 15, 2024

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Jan 28, 2021 / 11:15AM GMT
Jussi Pesonen - UPM-Kymmene Oyj - President & CEO

Ladies and gentlemen, dear audience, welcome to UPM's Quarter 4 and Full Year 2020 Result Webcast. I have to say that this is my 69th quarterly report as a CEO of UPM. I'm the CEO of UPM, and I have to say as well that I'm as eagerly looking for the future as 17 years ago. This is so fantastically interesting that what we do today. I'm here with our CFO, Tapio Korpeinen.

Tapio Juhani Korpeinen - UPM-Kymmene Oyj - CFO & Executive VP of UPM Energy

Hello to everyone.

Jussi Pesonen - UPM-Kymmene Oyj - President & CEO

Ladies and gentlemen, 2020 was highly exceptional year for all of us. Of course, the COVID-19 pandemic and related lockdowns caused a severe global shock that put societies and businesses to the test. The result that we report today is -- and all of the business are satisfactory in these circumstances. We need to be humble and really having a clear focus what we do and how we run the business.

Our financial position, of course, continue to

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