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Stora Enso Oyj Issues Q4 2013 EBIT Guidance in Line with Analysts' Estimates


Wednesday, 9 Oct 2013 02:01am EDT 

Stora Enso Oyj announced that its operational EBIT is expected to be clearly lower in the fourth quarter of fiscal year 2013 than the EUR 158 million in the fourth quarter of fiscal year 2012, essentially due to the continuing weak demand and price situation in European paper markets. According to I/B/E/S estimates, analysts on average are expecting the Company to report EBIT for the fourth quarter of fiscal year 2013 of EUR 128.24 million. 

Company Quote

9.2099
-0.0601 -0.65%
2:21pm EDT