the operational EBIT margin was 10.1 percent, compared with the expected 9.6 percent.
Profit before tax landed at EUR 155 million. Analysts had expected a profit before tax of 164 million euros, according to SME Direkt.
Sales amounted to 2 445 million for the period. Here lay SME Direkt consensus forecast of 2.472 billion euros.
Stora Enso expects to sales in the second quarter will be “slightly higher” than in the first quarter when it was 2445 million.
that the company said in the report for the first quarter.
Furthermore, traces the company that the operating profit for the second quarter 2016 will be in line with the options to be slightly lower than the first quarter’s 248 million euros.
In the estimate These figures include the negative impact of planned maintenance shutdowns at pulp mill Montes del Plata, containerboard mill Ostroleka and paper mill Langerbrugge in the second quarter in 2016.
“the negative impact of the maintenance is expected to be approximately EUR 25 million higher than in the first quarter of 2016,” the company said.
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