Stora Enso Oyj (STERV.HE)
21 Jul 2019
Finnish paper firm Stora Enso reported a bigger than forecast fall in quarterly profits on Friday and said it expected demand to deteriorate due to global trade tensions and Britain potentially crashing out of the European Union.
* Economic jitters hurting demand for packaging materials (Adds details, updates shares)
HELSINKI, May 28 Finland's Stora Enso will invest 350 million euros ($391 million) at its Oulu mill to boost output of kraftliner board used in packaging and reduce glossy magazine paper production, the company said on Tuesday.
HELSINKI, April 25 Finnish paper firm Stora Enso reported higher-than-expected first quarter profit on Thursday helped by its pulp division.
HELSINKI, Feb 1 Stora Enso reported weaker-than-expected fourth quarter profit on Friday as rising costs outweighed gains from higher prices, knocking the Finnish paper maker's shares.