Cash and Costs: The Digest’s 2019 Multi-Slide Guide to Stora Enso’s Q3 Update

November 3, 2019 |

Stora Enso has a new CEO coming in as of December 1st, Annica Bresky, and they saw sales decrease by 7.1% compared with Q3 last year, and their outlook for the rest of 2019 is not that great thanks to deteriorating trading conditions and slow demand forecasts, but they are ready to handle it with strong profit protection measures.

Karl-Henrik Sundstrom, Stora Enso’s CEO, and Seppo Parvi, CFO, gave the Q3 financial results presentation last week to investors, with details about the new incoming CEO, their continued focus on cash and costs, what they are doing to prepare for the turn of the cycle, details on their profit protection program, how their various sectors like biomaterials, packaging solutions are doing, and more.

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Category: 8-Slide Guide

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