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Stora Enso Oyj Comments On Q1 2013 Guidance

Tuesday, 5 Feb 2013 06:00am EST 

Stora Enso Oyj announced that first quarter 2013 sales expected to be at roughly similar level but operational EBIT in the order of magnitude one-third lower than in fourth quarter of 2012 due to deterioration in European paper and Building and Living markets. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of EUR2.650 billion, EBIT of EUR140 million for the first quarter of 2013. 

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-0.118 -1.36%
2:06pm EDT