Stora Enso announces 18.5% increase in its Wood Products division
Stora Enso's Wood Products division recorded 18.5% increase in operational earnings before investment, tax, depreciation and amortisation (EBITDA) in Q4/2017, compared to Q4/2016. This is the highest ever fourth quarter operational EBITA at EUR 25 million, an increase of EUR 8 million or 47.1%. Improved net mill price and the increasing share of value added to the business offset slightly higher raw material and fixed costs. Stora Enso has made some strategic investments: Murów sawmill in Poland, laminated veneer lumber (LVL) line in Varkaus, Finland and pellet production at Ala ...
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