Post the extraordinary Q1 results, the Q2 performance fell somewhat short of the Street’s estimates. Production challenges and higher costs capped overall improvements. While a tight Nordic region wood supply situation, likely to be aggravated by the recent warm weather-induced forest fires, could be a near-term dampener, pulp and packaging should remain the longer-term drivers. Given the (unchanged) healthy business prospects across divisions, further validated by Europe’s resili
24 Jul 2018
Barring some challenges, Q2 performance was strong
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Barring some challenges, Q2 performance was strong
Stora Enso Oyj Class R (STERV:HEL) | 0 0 1.8% | Mkt Cap: 11,103m
- Published:
24 Jul 2018 -
Author:
Varun Sikka -
Pages:
4
Post the extraordinary Q1 results, the Q2 performance fell somewhat short of the Street’s estimates. Production challenges and higher costs capped overall improvements. While a tight Nordic region wood supply situation, likely to be aggravated by the recent warm weather-induced forest fires, could be a near-term dampener, pulp and packaging should remain the longer-term drivers. Given the (unchanged) healthy business prospects across divisions, further validated by Europe’s resili