HELSINKI – Finnish-Swedish forestry firm Stora Enso on Friday posted weaker-than-expected quarterly earnings however stated its 2022 comparable working revenue stays on monitor to exceed final yr’s 1.53 billion euros.
The pulp, paper and cardboard maker stated its April-June comparable working revenue rose 39% to 505 million euros ($514.39 million), lacking the 565 million euro imply estimate of seven analysts polled by Refinitiv.
($1 = 0.9817 euros)
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