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Strong performance and solid growth continue Q2/2021 (year-on-year) Sales increased by 22.6% to EUR 2 592 (2 114) million, due to higher deliveries and prices. Operational EBIT increased to EUR 364 (178) million, due to higher prices and volumes, especially in Biomaterials, Wood Products, and Packaging Materials. Operational EBIT margin increased to 14.0% (8.4%). Operating profit (IFRS) decreased to EUR 182 (226) million. EPS was EUR 0.26 (0.19) and EPS excl. fair valuations (FV) was EUR 0.27 (0.13). Strong cash flow from operations amounted to EUR 463 (363) million. Cash flow after investing activities was EUR 339 (239) million. The net debt to operational EBITDA ratio was 1.8 (2.5). The target is to keep the ratio below 2.0. Operational ROCE excluding the Forest division increased to 18.1% (7.8%), and was clearly above the long-term target of more than 13%. ....
Invitation to Stora Enso's Q2 results webcast on 21 July 2021 finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Stora Enso Oyj : Invitation to Stora Enso's Q2 results webcast on 21 July 2021 marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
HELSINKI, May 19, 2021 /PRNewswire/ Ulrika Lilja, Executive Vice President, Communications and Marketing, has decided to leave her position at Stora Enso. After eight years in the company ....