2Año·

Hello all,


am also a big fan of UPM and sustainability. Does anyone know why the share price has fallen so much here?

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I am not directly aware of anything. UPM also has exposure to Russia, but this is very limited (should be around 2-4%). I have also briefly presented UPM: https://app.getquin.com/activity/DkxptQjFea
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Maybe the fear of the energy costs? Paper production is quite energy intensive and wood is not that cheap either. The expansion of paper machines is also not so easy to increase production.
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