Analysts on average had expected 123 million euro, according to Bloomberg.
However, sales increased by 5.4 percent to 2.4 billion euro – in line with expectations.
Stora Enso writes in the report that they expect the market to continue to be pressured and volatile during 2025, affected by macroeconomic and geopolitical uncertainty.
Consumer confidence is low and demand for packaging cardboard is stable but weak, notes Stora Enso. The effects of the Trump administration's tariffs at current levels are limited as only 3 percent of the company's sales take place in the USA.
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