Stora Enso

Stora Enso Sees Slower Forestry Market Recovery After Q3 Profit Miss

Stora Enso missed market expectations for third-quarter operating profit and said it expected the gradual market recovery seen so far this year to slow dow...

Stora Enso To Sell Part Of Forest Assets In Sweden To Reduce Debt

Stora Enso will put 12% of its forest assets in Sweden up for sale in a move to reduce debt and strengthen its balance sheet.

Stora Enso Expects High Costs, Market Uncertainty To Continue In 2024

Stora Enso expects pressure from high wood costs and market uncertainties to continue throughout 2024, the Finnish forestry firm said.

Finland's Stora Enso Lifts 2024 Outlook As Orders, Prices Rise

Stora Enso raised its full-year core profit forecast as it said it expected improved volumes and orders as well as increasing pulp prices.

Stora Enso To Cut More Jobs As Forestry Market Weakness Persists

Finnish forestry firm Stora Enso said it could lay off about 1,000 employees as part of a restructuring plan aimed at boosting profits and competitiveness...

Stora Enso Expects Weak Demand To Persist Into 2024

Finnish forestry firm Stora Enso said it expects weak market conditions to persist into next year, with no recovery in the final quarter of 2023, hit by lo...

Stora Enso's Quarterly Profit Slumps As Weak Demand Persists

Stora Enso has reported second-quarter operating profit well below market expectations, hit by a slump in prices, high costs and customers destocking.