Brief: Stora Enso Q2 Operational EBIT At EUR 160 Million
BRIEF-Stora Enso Q2 Operational EBIT At EUR 160 Million July 23 (Reuters) - Stora Enso Oyj STERV.HE:
Q2 OPERATIONAL EBIT EUR 160 MILLION VERSUS. ESTIMATE EUR 173.7 MILLION
Q2 OPERATIONAL EBITDA EUR 320 MILLION
Q2 SALES EUR 2,423 MILLION VERSUS. ESTIMATE EUR 2,412.1 MILLION
Q2 PRETAX PROFIT EUR -26 MILLION
Q2 NET INCOME EUR -11 MILLION
PLANNED MAINTENANCE IMPACT IN Q3 IS EXPECTED TO INCREASE BY APPROXIMATELY EUR 40-50 MILLION COMPARED WITH Q2
OUTLOOK FOR Q3: PLANNED MAINTENANCE IMPACT IN Q3 IS EXPECTED TO INCREASE BY APPROXIMATELY EUR 40-50 MILLION COMPARED WITH Q2
OUTLOOK 2026: MARKET CONDITIONS REMAIN UNCERTAIN
NEGATIVE IMPACT ON ADJUSTED EBIT IS EXPECTED TO REMAIN AT A SIMILAR LEVEL TO Q2
OUTLOOK 2026: CONTINUED GEOPOLITICAL TENSIONS AND TRADE-RELATED VOLATILITY MAY AFFECT CUSTOMER DEMAND, SUPPLY CHAINS AND INPUT COSTS.
CONTINUES TO FOCUS ON ACTIONS WITHIN ITS CONTROL WHILE PROACTIVELY ADAPTING TO MARKET DEVELOPMENTS WITH AGILITY
COMPARED TO EXCEPTIONALLY HIGH LEVELS SEEN OVER PAST YEARS, WOOD COSTS HAVE MODERATED
STORA ENSO - WOOD SUPPLY CONTINUES TO BE TIGHT AND OVERALL WOOD COSTS, INCLUDING SAWLOGS, REMAIN HIGH
Source text: ID:nWkr2vQfLv
Further company coverage: STERV.HE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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