Stora Enso shares get boost from Q1 adjusted EBIT beat

Stora Enso Oyj

25/04/2025 08:34

** Shares in Finnish forestry company Stora Enso STERV.HE rise 2.6% after it reported Q1 adjusted EBIT beat

     ** Its Q1 adjusted EBIT rose to EUR 175 million ($198.64 million), above analysts' EUR 124.9 million forecast in a poll by Vara Research

** "The clearest outperformances relative to our forecasts came from Packaging Materials, Packaging Solutions and Wood Products in terms of turnover," says Inderes analyst Antti Viljakainen

** Including today's rise the stock has dropped by 16.09 % YTD

($1 = 0.8810 euros)

 (Reporting by Agnieszka Olenska and Elviira Luoma)

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