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Q1 2023 UPM-Kymmene Oyj Earnings Call Transcript
Ladies and gentlemen, welcome to UPM's Q1 2023 Result Webcast. My name is Jussi Pesonen. I'm the CEO of UPM. And I, like always, I'm here with our CFO, Tapio Korpeinen.
Good afternoon to everyone.
Let's get started. Ladies and gentlemen, we have 2 main topics to be discussed today. First, we delivered solid Q1 results, even though it was clearly held back by short-term lack of volumes. And secondly, I am absolutely excited that we have successfully completed 2 of our transformative major growth projects. This is a very important milestone that we had 2 weeks ago within UPM.
The Paso de los Toros pulp mill in Uruguay is currently ramping up the production and is already producing high-quality sellable pulp. At the same time, Olkiluoto 3 nuclear power plant unit here in Finland is now in regulatory commercial production. Both
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