After a good start to 2019, with healthy Q1 profitability, Stora failed to sustain the momentum into Q2. Thankfully, despite price and volume headwinds, the effectiveness of the profit protection programme ensured that the overall performance erosion was curtailed. Even though the near term is likely to be mired by macro and business headwinds, the healthy value-creation from growth investments and sustained restructuring of legacy assets, along with integration benefits from (growing) forest
13 Aug 2019
Cost efficiencies mellowed Q2 headwinds; long-term potential remains intact
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Cost efficiencies mellowed Q2 headwinds; long-term potential remains intact
Stora Enso Oyj Class R (STERV:HEL) | 0 0 1.8% | Mkt Cap: 11,103m
- Published:
13 Aug 2019 -
Author:
Varun Sikka -
Pages:
5
After a good start to 2019, with healthy Q1 profitability, Stora failed to sustain the momentum into Q2. Thankfully, despite price and volume headwinds, the effectiveness of the profit protection programme ensured that the overall performance erosion was curtailed. Even though the near term is likely to be mired by macro and business headwinds, the healthy value-creation from growth investments and sustained restructuring of legacy assets, along with integration benefits from (growing) forest