Due to materially lower earnings forecasts for the full year results 2023, Stora Enso’s new guidance is that the full-year 2023 operational EBIT is expected to be significantly lower than for the full-year 2022 (EUR 1,891 million). According to Stora Enso, the change in earnings expectations for the full year 2023 is a result of the worsening market outlook which accelerated towards the latter part of the first quarter. Cost pressures and market uncertainties are expected to be significantly more challenging in 2023 than in 2022, weighing on our results and lowering the short-term ...
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