Stora Enso Oyj Financial Statement Release 2023: Focus on profit improvement, competitiveness, and cash flow
STORA ENSO OYJ FINANCIAL STATEMENT RELEASE 1 February 2024 at 8:30 EETQ4/2023 (year-on-year) • Sales decreased by 24% to EUR 2,174 (2,864) million. • Operational EBIT decreased to EUR 51 (355) million. • Operational EBIT margin decreased to 2.3% (12.4%). • Operating profit (IFRS) decreased to EUR -326 (705) million. • EPS was EUR -0.36 (0.74) and EPS excl. fair valuations (FV) was EUR -0.64 (0.32). • Cash flow from operations amounted to EUR 323 (429) million. Cash flow after investing activities was EUR -9 (202) million. Full year