The 4Q 2015 sales are estimated to be similar to the amount of the Euro 2 500 million and operational EBIT is expected to be in line with the Euro 246 million recorded in the 3Q 2015.
On 21 July 2015, Stora Enso guided that its 3Q sales were estimated to be similar to the amount of the Euro 2 562 million recorded in the 2Q 2015. Moreover, based on the same guidance, operational EBIT would be in line with the Euro 207 million recorded in the 2Q 2015.
The 3Q 2015 actual sales at approximately Euro 2 500 million were in line with guidance. However, operational EBIT at approximately Euro 246 million was higher than guidance in the 2Q 2015. This was mainly due to better than expected performance in the Biomaterials division driven by depreciation of the Brazilian Real and better operational performance at the Nordic and Montes del Plata pulp mills.
Stora Enso will announce its 3Q 2015 results on Friday 23 October 2015.
Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wood and paper on global markets.
