Stora Enso decreased wood products supply by 10% at the end of 2022

Posted on February 17, 2023   |  

In October-December 2022, the company's Wood Products division sold 1.043 million m³ of sawn timber and wood products which is a decline of 9.8% on an annualized basis and the volume of sales soared to 4.235 million m³, compared to a year earlier.

Stora Enso registered a 5.3% increase in sales revenue to €2.864 billion; EBITDA fell by 14.4% to EUR 515 million, while EBIT fell slightly more strongly, by 16.7% to EUR 355 million.