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Stora Enso Oyj: Stora Enso partners with IUCN to advance positive impacts on biodiversity
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Stora Enso Reports Fourth Quarter and Full-Year 2023 Results
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Stora Enso has published its Q4/2023 report, and its full year 2023 report. Group sales decreased year-on-year by 24% to 2.2 billion euro, with low demand leading to reduced deliveries and lower sales prices across all divisions, except for the Forest division.
Stora Enso has initiated a new profit improvement programme targeting annualised €80m (£68.2m) improvement of its operational EBIT that it said could lead to a potential reduction of approximately 1,000 employees.
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