Stora Enso Q1 Operational EBIT Much Better Than Expected; Sees Sustained Momentum

Donnerstag, 28.04.2022 07:45 von PLX

• (PLX AI) – Stora Enso Q1 sales EUR 2,798 million vs. estimate EUR 2,703 million.
• • Q1 operational EBIT EUR 503 million vs. estimate EUR 426 million
• • Q1 pretax profit EUR 374 million
• • Q1 net income EUR 287 million
• • Sustained commercial momentum is supported by the market demand for Stora Enso’s products across all divisions, the company said
• • To manage volatility, measures such as pricing, flexibility in sourcing and logistics, as well as hedging are in place: Stora Enso