The profit decline was in line with expectations.
Sales during the quarter fell 3 percent to EUR 2.25 billion. The decline was explained by lower prices for paperboard and pulp, according to Stora Enso.
The board of directors proposes an unchanged dividend of EUR 0.25 per share.
"The start-up of the consumer cartonboard production line at the Oulu plant in Finland is continuing, and production volumes are gradually increasing. The line is expected to reach full capacity in 2027," writes Stora Enso, which plans to spin off its Swedish operations with a stock exchange listing.
