Stora Enso’s Interim Report January–September 2018: Another quarter of profitable growth
STORA ENSO OYJ, Helsinki, FinlandINTERIM REPORT 26 October 2018 at 9.30 EESTQ3/2018 (year-on-year) · Sales increased 3.0% to EUR 2 585 (2 509) million, making Q3 the seventh consecutive quarter of sales growth. The growth was primarily due to favourable prices and active product mix management. · Operational EBIT increased 23.4% to EUR 358 (290) million, due to favourable prices and active product mix management. · Balance sheet continued to strengthen, and net debt was reduced by EUR 304 million. The net debt to operational EBITDA ratio improved significantly to 1.1 (1.6). ·