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October 26, 2021

Stora Enso’s Wood Products division reports all-time high results

Stora Enso’s Wood Products division reports all-time high results
Forest products company Stora Enso's operational earnings rose to 410 million euros (478 million U.S. dollars) before interest and taxes (EBIT) in July-September, up from 175 million euros a year ago. Net sales increased by 23.9 percent to 2577 million euros.    "I am delighted to see us deliver yet another robust quarterly performance," said CEO Annica Bresky in a press release on Wednesday.    The company said that the improvement in earnings is due to higher prices, and higher sales volumes. Net sales of packaging materials and wood products ...

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