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July 26, 2016

Stora Enso announces lower sales for its Wood Products division

For the second quarter of 2016, Stora Enso reported EUR 8 million lower sales in its Wood Products division. Sales declined as compared to Q2/2015 (by -1.8%) and increased as compared to Q1/2016 (13.4%).
Also, the operational EBIT improved EUR 10 million, mainly due to higher deliveries, improved product mix, and lower log prices. It thus grew by 28.1% since the Q2/2015 and by 78.3% as compared to the Q1 of 2016.

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