Stora Enso Interim Review January ? June
STORA ENSO OYJ Stock Exchange Release 28 July 2004 at 13.00Stora Enso Interim Review January June 2004 Bottom of the cycle seems to have been reached; outlook improving Second Quarter Results (compared with previous quarter) Stora Enso's earnings per share were EUR 0.06 (EUR 0.06 excluding nonrecurring items). Operating profit was EUR 58.5 (EUR 103.4 excludingnon-recurring items) million, which is EUR 44.9 million less than in theprevious quarter and 1.9% of sales. Profit before taxes and minorityinterests amounted to EUR 49.0 (EUR 80.8 excluding nonrecurring items)million. There