STORA ENSO OYJ INSIDER INFORMATION 13 June 2022 at 9:00 EEST
HELSINKI, June 13,
2022 /PRNewswire/ -- Stora Enso estimates that the
previous full year 2022 operational EBIT guidance will be exceeded.
Hence, the Company changes its full year 2022 operational EBIT
guidance to be higher than the full-year 2021 of EUR 1,528 million. The previous guidance for the
full year 2022 was an operational EBIT to be approximately in line
with the full year 2021.
During 2022, all the main markets of Stora Enso have experienced
continued strong performance, with increased visibility and
predictability for the full year. Consequently, Stora Enso has
revised its internal forecasts for this period to a higher level
than previously estimated.
The strong underlying demand and commercial momentum has continued
across all six divisions and geographies. All divisions remain
fully booked and there is still a tight supply and demand balance
in many product categories. The second quarter started with high
selling prices, which have continued to mitigate inflationary
pressures.
Stora Enso Oyj will publish its Half-year Report for
January-June 2022 on Friday
22 July 2022 at approximately
8:30 EEST (7:30 CEST).
For further information, please contact:
Carl Norell
Press officer
tel. +46 72 241 0349
Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691
Part of the global bioeconomy, Stora Enso is a leading provider of
renewable products in packaging, biomaterials, wooden construction
and paper, and one of the largest private forest owners in the
world. We believe that everything that is made from fossil-based
materials today can be made from a tree tomorrow. Stora Enso has
approximately 22,000 employees and our sales in 2021 were
EUR 10.2 billion. Stora Enso shares
are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq
Stockholm AB (STE A, STE R). In addition, the shares are traded in
the USA as ADRs (SEOAY).
storaenso.com/investors
For further information, please contact:
Carl Norell
Press officer
tel. +46 72 241 0349
Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691
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