Stora Enso reports sharp growth in its Wood Products segment
Sales in Stora Enso's Wood products division increased 7.2%, or EUR 29 million to EUR 430 million. This was mainly due to improved prices and active mix management, the company stated. Operational EBIT increased EUR 12 million, to a record high Q2 level of EUR 47 million, the highest since 2007. According to Stora Enso, this was driven by improved prices and mix, as well as growth from strategic investments, Murów sawmill in Poland and Varkaus laminated veneer lumber (LVL) line in Finland. Stora Enso's Wood Products division financial results ...
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