Stora Enso CEO Jouko Karvinen and CFO Karl-Henrik Sundström comment on third quarter 2012 results announced today
STORA ENSO OYJ STOCK EXCHANGE RELEASE 23 October 2012 at 13.01 EETCEO Jouko Karvinen comments on the third quarter and company transformation:“We finished the third quarter as we promised, and a little more. Markets overall varied from weak in Europe in printing and reading and wood products, to a mixed picture in renewable packaging. We finished the quarter at the upper end of our earnings expectations, and most important kept the cash generation rock solid as demonstrated by the improved quarter-end liquidity of EUR 1.7 billion,” says CEO Jouko Karvinen. “This is a path we must