Stora Enso makes write-down of approximately SEK 8.3 billion

The forestry group Stora Enso is making write-downs of approximately 8.3 billion kronor during the fourth quarter, reports Dagens industri.

The write-downs primarily concern the business areas for packaging materials and packaging solutions and are due to a weaker cash flow ahead.

The forestry group has lost nearly 20 percent on the stock exchange since the turn of the year, according to Di.