2019 ended on a weak note, with Q4 reported operating margins being reduced to just 7.4%. Unlike peers, all divisions witnessed varying pressure on performance. The only saving grace was the material forest revaluation gains and resilient operating cash flows. With various strategic growth projects delivering/underway, the group remains on the right track. However, the prevalent (Coronavirus-induced) macro headwinds are a major impediment. For the near term, forest’s income stream as a
06 Mar 2020
Weak operating results; for now, focus on forests and cost savings
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Weak operating results; for now, focus on forests and cost savings
Stora Enso Oyj Class R (STERV:HEL) | 0 0 1.8% | Mkt Cap: 11,103m
- Published:
06 Mar 2020 -
Author:
Varun Sikka -
Pages:
5
2019 ended on a weak note, with Q4 reported operating margins being reduced to just 7.4%. Unlike peers, all divisions witnessed varying pressure on performance. The only saving grace was the material forest revaluation gains and resilient operating cash flows. With various strategic growth projects delivering/underway, the group remains on the right track. However, the prevalent (Coronavirus-induced) macro headwinds are a major impediment. For the near term, forest’s income stream as a