Stora Enso’s Wood Products division posts record results for Q1/2022
During the first quarter, Stora Enso's Wood Products division reported record results in sales and operational EBIT. Sales of Stora Enso's Wood Products division increased by 50%, or EUR 191 million, to EUR 573 million. Higher sales prices and deliveries were supported by continued solid demand. Operational EBIT increased by EUR 66 million to a record-high first-quarter of EUR 118 million. High profitability continued driven by higher sales prices, which more than offset increase in costs such as raw material and logistics. Stora Enso increased its net sales and doubled ...
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