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Finland's Kymmene slides on Q2 profit lag



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** Shares in Finnish forestry firm UPM-Kymmene UPM.HE slide 4.5% as Q2 profit disappoints

** Co posts comparable operating profit of 182 mln euros ($197.94 mln) for Q2, 14% lower than the 212 mln euros expected by analysts polled by LSEG

** While UPM guides for H2 results to be higher than in H1, J.P.Morgan says it, and the consensus, have already priced it in as there is no material headwinds from maintenance cost and pulp prices are starting H2 at a higher level than H1

** Broker says UPM has missed expectations in all major divisions except for UPM Fibres, which makes pulp

** Shares on track for worst day since the beginning of February, if current losses hold


($1 = 0.9195 euros)



Reporting by Agata Rybska

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