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Stora Enso books 23% fall in earnings

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Published in issue 9/2012
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The Finnish group Stora Enso Oyj, based in Helsinki, did not manage to match the previous year’s results in the fourth quarter of 2011, either. Operating profits according to IFRS accounting principles tumbled 56% to stand at €169.5m (Oct.-Dec. 2010: 385.8m), while group revenues held virtually steady at ...

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