Stora Enso Reports Nine-Month Revenue of €7.02 Billion and Non-GAAP EPS of €0.14
Stora Enso has released its financial results for the first nine months, reporting a revenue of €7.02 billion, representing a slight year-over-year decline of 0.7%. The company achieved a non-GAAP earnings per share (EPS) of €0.14 during this period. Profitability metrics showed mixed results; adjusted EBIT reached €479 million compared to €427 million in the previous year, while the operating result saw a significant decrease to €148 million from €466 million. Cash flow from operations was reported at €457 million, down from €560 million in the prior-year period.
