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STERV — Stora Enso Oyj News Story

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Basic MaterialsAdventurousLarge CapNeutral

Stora Enso provides no detailed guidance, shares slide

** Shares in Stora Enso  STERV.HE  fall 3% after the Finnish
forestry firm posted its Q4 core profit roughly in line with
market expectations, but said it would not provide a detailed
guidance for 2025
    ** Stora Enso says it expects "subdued and volatile" demand
in the year, hit by continued geopolitical uncertainty, but
publishes no core profit value range
    ** "We think the lack of guidance will disappoint the market
today," J.P.Morgan analysts say
    ** The broker adds that with the lack of a detailed guidance
the consensus of analyst could take a more cautious approach to
a possible recovery in H2 of 2025
    

 (Reporting by Boleslaw Lasocki)
 ((boleslaw.lasocki@thomsonreuters.com; +48 58 769 66 00;))

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