Stora Enso increases the IFRS fair value of its forest assets
STORA ENSO OYJ INSIDER INFORMATION 22 January 2020 at 13.30 EETThe IFRS fair valuations of Stora Enso’s forest have increased significantly since the publication of the Group’s third quarter results in October. The forest fair value impact in the balance sheet was a positive EUR 777 million pre-tax at end of 2019. Part of the fair valuation increase has not been recognised in operating profit but as an adjustment to opening balances of purchased Swedish forest assets and liabilities.Fair valuations and non-operational items had a positive net impact of EUR 600 million on Stora Enso’s