UPM expects its full year operative profitability for 2008 to be weaker than that of last year, due to higher than estimated costs of wood fibre sourcing and the weakening result for the sawn timber business. At the beginning of the year, the company expected its full year operative profitability for 2008 to be about the same as in 2007. UPM will release its financial result for April-June on July 24, 2008.
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