Stora Enso Oyj Interim Report January–September 2023: Focusing on actions for a profitability turnaround and capital release
STORA ENSO OYJ INTERIM REPORT 24 October 2023 at 8:30 EESTQ3/2023 (year-on-year)
• Sales decreased by 28% to EUR 2,127 (2,963) million.
• Operational EBIT decreased to EUR 21 (527) million.
• Operational EBIT margin decreased to 1.0% (17.8%).
• Operating profit (IFRS) was EUR -1 (511) million.
• EPS was EUR -0.04 (0.47) and EPS excl. fair valuations (FV) was EUR -0.05 (0.47).
• Cash flow from operations amounted to EUR 231 (639) million. Cash flow after investing activities was EUR 38 (489) million.
• The net debt to operational