EBIT of Stora Enso’s Wood Products remains negative

Forest sector profiting from halted deliveries from Russia and Belarus

EBIT of the “Wood Products” division of Stora Enso Oyj of Helsinki, Finland, turned out to be negative again in the first quarter of 2023 at -€11m (+€118m). A reduction of €14m had already been recorded in the fourth quarter. EBITDA remained slightly positive at €2m (€130) after a negative result had been registered...

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