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Stora Enso Posts Loss In Q2

Corporate EarningsCompany Fundamentals

Stora Enso reported a Q2 net loss of €11M versus a €15M profit a year earlier, with loss per share of €0.03 versus profit of €0.03 prior year. Offsetting this, adjusted EBIT rose 27%. Overall, the earnings print is mixed but leans cautious given the swing to a net loss.

Analysis

Stora Enso reported a Q2 net loss of €11M versus a €15M profit a year earlier, with loss per share of €0.03 versus profit of €0.03 prior year. Offsetting this, adjusted EBIT rose 27%. Overall, the earnings print is mixed but leans cautious given the swing to a net loss.

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Market Sentiment

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mildly negative

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