(Corrects EBITDA figures)
July 23 (Reuters) - Finnish paper and pulp producer UPM reported on Thursday a smaller-than-expected fall in quarterly profits, saying lockdowns hit paper demand and prices.
UPM’s earnings before interest, tax, depreciation and amortisation (EBITDA) for the April-June quarter fell to 320 million euros ($371 million) from 466 million a year earlier, beating the 295 million expected by analysts in a Refinitiv Eikon poll.
$1 = 0.8633 euros Reporting by Tarmo Virki in Tallinn; Editing by Edmund Blair
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