Stora Enso jumps after better-than-expected Q2 EBIT

Stora Enso Oyj

23/07/2025 08:34

** Shares in Finnish forestry group Stora Enso STERV.HE rise 4.6% after company reported Q2 EBIT beat

** The company's Q2 adjusted operating profit, or earnings before interest and taxes, fell to 126 million euros ($147.92 million), which was above analysts' 122.7 million euro forecast, according to a poll by Vara Research

** The ramp-up of the new consumer board line at the Oulu site had a negative impact of approximately 50 million euros, company says in the statement

** Inderes analyst Antti Viljalakainen said that the ramp-up had a slightly lower impact on earnings in the second quarter than the broker expected

** Stora Enso is among top risers on the Helsinki blue-chip index .OMXH25

($1 = 0.8518 euros)

 (Reporting by Agnieszka Olenska and Elviira Luoma)

 ((Agnieszka.Olenska@thomsonreuters.com; Elviira.Luoma@thomsonreuters.com))