Stora Enso Oyj Interim Report January–March 2023: Due to the worsened market outlook actions are taken to protect margins and manage costs
STORA ENSO OYJ INTERIM REPORT 25 April 2023 at 8:30 EESTQ1/2023 (year-on-year) • Sales decreased by 3% to EUR 2,721 (2,798) million. • Operational EBIT decreased by 53% to EUR 234 (503) million. • Operational EBIT margin decreased to 8.6% (18.0%). • Operating profit (IFRS) decreased to EUR 258 (394) million. • EPS was EUR 0.24 (0.37) and EPS excl. fair valuations (FV) was EUR 0.23 (0.35). • Cash flow from operations amounted to EUR 254 (403) million. Cash flow after investing activities was EUR 1 (224) million. •