Stora Enso’s Wood Products division reports mixed performance in Q2/2024

Stora Enso’s Wood Products division experienced a mixed performance in the second quarter of 2024, characterized by ongoing challenges and some signs of seasonal improvement. Here’s a detailed look at the division's financial and operational performance. Sales and demand Sales in the Wood Products division decreased by 5% year-on-year (YoY), down by EUR 22 million to EUR 414 million. This decline was primarily attributed to lower sales prices, despite an increase in volumes, particularly for sawn wood. The adjusted EBIT margin improved to 1.7% in Q2 2024 from -1.3% in Q2 ...