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Founded in 1288, null is a multinational corporation specializing in renewable products such as packaging, biomaterials, and wooden construction. With around 20,000 employees, null is one of the largest private forest owners globally, generating sales of EUR 9.4 billion in 2023. null's shares are listed on several stock exchanges, including NASDAQ (STEAV), HELSINKI OY (STERV), and STOCKHOLM AB (STE A, STE R).
Stora Enso has revised its full-year 2024 adjusted EBIT guidance, expecting it to exceed the previous estimate significantly, now forecasting a 50% or higher increase compared to 2023's EUR 342 million. This change is driven by successful profit improvement measures and favorable market conditions, particularly in consumer board and pulp demand. However, challenges persist in the Wood Products and Packaging Solutions divisions. The company warns of ongoing market uncertainties like high inflation and potential external disruptions. Stora Enso will publish its Half-year Report on 24 July 2024.
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