Daily updates on the state of the timber markets, delivered straight to your inbox.

November 11, 2019

Finnish forestry giants Stora Enso and UPM report declining profits in Q3/2019

Finland's forestry giants, Stora Enso and UPM, have reported declining profits and smaller production output for the third quarter (Q3) of 2019.  On Tuesday, Stora Enso reported that its profit in July-September was down by a third to 231 million euros (256.6 million U.S. dollars) from 353 million euros a year ago. It said the decline is expected to continue into the fourth quarter. Stora Enso reported that both the sales volumes and the prices of its products had declined. It said it had cut costs in advance to match the sales levels.  ...

Register for unlimited access

We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.

By registering you gain access to:

  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!

Checkout Options
All this for only 290 EURO/year!
Create Profile
password strength indicator
Billing Method
Billing Address
Checkout Now

Newsletter

Daily updates on the state of the timber markets, delivered straight to your inbox.