Stora Enso Oyj Half-year Report 2024
Q2/2024 (year-on-year) • Sales decreased by 3% to EUR 2,301 (2,374) million; however, continuing operations grew by 1%. • Operating result (IFRS) was EUR 99 (-253) million. • Earnings per share (EPS) were EUR 0.06 (-0.29) and EPS excl. fair valuations (FV) was EUR 0.07 (-0.27). • The value of the forest assets increased to EUR 8.7 (8.1) billion, equivalent to EUR 11.06 per share. • Cash flow from operations amounted to EUR 323 (146) million. Cash flow after investing activities was EUR 86 (-70) million. •Net debt increased by EUR 466 million to EUR 3,497 (3,030) million, mainly due to the board investment at the Oulu