Stora Enso Q4 and full year results 2015
STORA ENSO OYJ FINANCIAL STATEMENT RELEASE 4 February 2016 at 13.00 EETQ4/2015 (compared with Q4/2014)· Sales EUR 2 487 (EUR 2 552) million decreased 2.5%; sales excluding the structurally declining paper business and divested Corenso and Barcelona Mill increased 5.4%, primarily due to the Montes del Plata pulp mill and Varkaus Mill kraftliner volumes. · Operational EBIT increased 15.8% to EUR 242 (EUR 209) million, mainly due to strong performance in Biomaterials, lower variable costs, and favourable FX. · EPS EUR 0.53 (EUR -0.15), supported by Bergvik Skog forest fair valuation