{"id":78438,"date":"2019-11-11T04:49:13","date_gmt":"2019-11-11T04:49:13","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/"},"modified":"2025-09-18T17:18:36","modified_gmt":"2025-09-18T17:18:36","slug":"finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/","title":{"rendered":"Finnish forestry giants Stora Enso and UPM report declining profits in Q3\/2019"},"content":{"rendered":"

Finland's forestry giants, Stora Enso and UPM, have reported declining profits and smaller production output for the third quarter (Q3) of 2019.<\/strong><\/em><\/p>\n

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.<\/p>\n

Last week, another Finnish forestry giant, UPM, reported a 19-percent decline in its profits in Q3, compared to the same period in 2018. Its profit was 342 million euros. UPM recalled that its over two-billion euro investment in pulp production in Uruguay, south America, will later improve its profitability.<\/p>\n

The stock values of the three major Finnish forest industry companies were dropping on the Helsinki exchange on Tuesday.<\/p>\n

The Natural Resources Institute Finland (Luke) predicted last week that pulp exports will continue at record levels in 2020, but the average price will continue to decline. The institute said that the prices will recover next year, but will remain under the 2019 average.<\/p>\n

The institute did not envisage a decline in the production volumes of pulp or cardboard, but expected the production of paper to diminish significantly.<\/p>\n

Antti Viljakainen of the analyst company Inderes told the Finnish business daily Kauppalehti on Tuesday that the end-of-year predictions from Stora Enso were surprisingly low. Also discussing the price issue, analyst Timo Jaakkola of Taaleri Kapitaali was quoted by local media as raising the question whether the pulp market has reached bottom already.<\/p>","protected":false},"excerpt":{"rendered":"

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 … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":63589,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713,4716],"tags":[3269,3271,3272],"class_list":["post-78438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","category-latest-trends","tag-financial-report","tag-stora-enso","tag-upm"],"acf":[],"yoast_head":"\nFinnish forestry giants Stora Enso and UPM report declining profits in Q3\/2019 - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finnish forestry giants Stora Enso and UPM report declining profits in Q3\/2019 - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"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 … Continue reading →\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.timberindustrynews.com\/ro\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/\" \/>\n<meta property=\"og:site_name\" content=\"Timber Industry News\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-11T04:49:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-18T17:18:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/upm-31.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"GWMI Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Scris de\" \/>\n\t<meta name=\"twitter:data1\" content=\"GWMI Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Timp estimat pentru citire\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minut\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/\"},\"author\":{\"name\":\"GWMI Admin\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff\"},\"headline\":\"Finnish forestry giants Stora Enso and UPM report declining profits in Q3\/2019\",\"datePublished\":\"2019-11-11T04:49:13+00:00\",\"dateModified\":\"2025-09-18T17:18:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/\"},\"wordCount\":287,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/upm-31.jpg\",\"keywords\":[\"financial report\",\"Stora Enso\",\"UPM\"],\"articleSection\":[\"Companies in the timber industry\",\"Latest Trends\"],\"inLanguage\":\"ro-RO\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/\",\"url\":\"https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/\",\"name\":\"Finnish forestry giants Stora Enso and UPM report declining profits in Q3\/2019 - Timber Industry News\",\"isPartOf\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/upm-31.jpg\",\"datePublished\":\"2019-11-11T04:49:13+00:00\",\"dateModified\":\"2025-09-18T17:18:36+00:00\",\"inLanguage\":\"ro-RO\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ro-RO\",\"@id\":\"https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/#primaryimage\",\"url\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/upm-31.jpg\",\"contentUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/upm-31.jpg\",\"width\":1920,\"height\":1440},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#website\",\"url\":\"https:\/\/www.timberindustrynews.com\/\",\"name\":\"Timber Industry News\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.timberindustrynews.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ro-RO\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#organization\",\"name\":\"Timber Industry News\",\"url\":\"https:\/\/www.timberindustrynews.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ro-RO\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2022\/06\/logo_color.svg\",\"contentUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2022\/06\/logo_color.svg\",\"width\":150,\"height\":57,\"caption\":\"Timber Industry News\"},\"image\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff\",\"name\":\"GWMI Admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ro-RO\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7e3f366983e368f37c12ad29c07423641931b311f2561bc3cb4b4eaf6f44c3cb?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7e3f366983e368f37c12ad29c07423641931b311f2561bc3cb4b4eaf6f44c3cb?s=96&d=mm&r=g\",\"caption\":\"GWMI Admin\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Finnish forestry giants Stora Enso and UPM report declining profits in Q3\/2019 - Timber Industry News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.timberindustrynews.com\/ro\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/","og_locale":"ro_RO","og_type":"article","og_title":"Finnish forestry giants Stora Enso and UPM report declining profits in Q3\/2019 - Timber Industry News","og_description":"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 … Continue reading →","og_url":"https:\/\/www.timberindustrynews.com\/ro\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/","og_site_name":"Timber Industry News","article_published_time":"2019-11-11T04:49:13+00:00","article_modified_time":"2025-09-18T17:18:36+00:00","og_image":[{"width":1920,"height":1440,"url":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/upm-31.jpg","type":"image\/jpeg"}],"author":"GWMI Admin","twitter_card":"summary_large_image","twitter_misc":{"Scris de":"GWMI Admin","Timp estimat pentru citire":"1 minut"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/#article","isPartOf":{"@id":"https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/"},"author":{"name":"GWMI Admin","@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff"},"headline":"Finnish forestry giants Stora Enso and UPM report declining profits in Q3\/2019","datePublished":"2019-11-11T04:49:13+00:00","dateModified":"2025-09-18T17:18:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/"},"wordCount":287,"commentCount":0,"publisher":{"@id":"https:\/\/www.timberindustrynews.com\/#organization"},"image":{"@id":"https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/#primaryimage"},"thumbnailUrl":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/upm-31.jpg","keywords":["financial report","Stora Enso","UPM"],"articleSection":["Companies in the timber industry","Latest Trends"],"inLanguage":"ro-RO","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/","url":"https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/","name":"Finnish forestry giants Stora Enso and UPM report declining profits in Q3\/2019 - Timber Industry News","isPartOf":{"@id":"https:\/\/www.timberindustrynews.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/#primaryimage"},"image":{"@id":"https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/#primaryimage"},"thumbnailUrl":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/upm-31.jpg","datePublished":"2019-11-11T04:49:13+00:00","dateModified":"2025-09-18T17:18:36+00:00","inLanguage":"ro-RO","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/"]}]},{"@type":"ImageObject","inLanguage":"ro-RO","@id":"https:\/\/www.timberindustrynews.com\/finnish-forestry-giants-stora-enso-upm-report-declining-profits-q32019\/#primaryimage","url":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/upm-31.jpg","contentUrl":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/upm-31.jpg","width":1920,"height":1440},{"@type":"WebSite","@id":"https:\/\/www.timberindustrynews.com\/#website","url":"https:\/\/www.timberindustrynews.com\/","name":"\u0218tiri din industria lemnului","description":"","publisher":{"@id":"https:\/\/www.timberindustrynews.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.timberindustrynews.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ro-RO"},{"@type":"Organization","@id":"https:\/\/www.timberindustrynews.com\/#organization","name":"\u0218tiri din industria lemnului","url":"https:\/\/www.timberindustrynews.com\/","logo":{"@type":"ImageObject","inLanguage":"ro-RO","@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2022\/06\/logo_color.svg","contentUrl":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2022\/06\/logo_color.svg","width":150,"height":57,"caption":"Timber Industry News"},"image":{"@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff","name":"GWMI Admin","image":{"@type":"ImageObject","inLanguage":"ro-RO","@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7e3f366983e368f37c12ad29c07423641931b311f2561bc3cb4b4eaf6f44c3cb?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7e3f366983e368f37c12ad29c07423641931b311f2561bc3cb4b4eaf6f44c3cb?s=96&d=mm&r=g","caption":"GWMI Admin"}}]}},"_links":{"self":[{"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/posts\/78438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/comments?post=78438"}],"version-history":[{"count":0,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/posts\/78438\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/media\/63589"}],"wp:attachment":[{"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/media?parent=78438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/categories?post=78438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/tags?post=78438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}