Stora Enso’s first quarter 2018 operational EBIT higher than expected at EUR 369 million
STORA ENSO OYJ STOCK EXCHANGE RELEASE 13 April 2018 at 9.00 EESTStora Enso’s operational EBIT for the first quarter of 2018 was approximately EUR 369 million. This is well above the earlier guidance for the Q1 2018 operational EBIT. Sales for the first quarter of 2018, amounting to approximately EUR 2 579 million, were similar to the fourth quarter 2017 sales of EUR 2 511 million. The result was better than expected, mainly due to: · The good pricing environment in Paper and Containerboard (Packaging Solutions) · Higher volumes at Consumer Board division’s European mills ·