Stora Enso Oyj reported that its third quarter net results attributable to owners of the parent climbed to 198 million euros or 0.25 euros per share from 88 million euros or 0.11 euros per share last year. Earnings per share excluding fair valuations rose to 0.26 euros from 0.10 euros in the prior year.
But quarterly adjusted EBIT declined by 28 percent to 126 million euros, compared to 175 million euros in the previous period. This decrease was largely due to the ramp-up of the new line in Oulu, which negatively impacted the third-quarter result by 45 million euros. As a result, the adjusted EBIT margin fell to 5.5 percent from 7.8 percent.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.