Stora Enso Expects 2024 Adjusted EBIT To Be Significantly Higher Than 2023, EUR 342M
Portfolio Pulse from Benzinga Newsdesk
Stora Enso expects its 2024 adjusted EBIT to be significantly higher than 2023's EUR 342 million, despite anticipating a slowdown in market recovery and challenges such as weak demand and high costs.
October 24, 2024 | 6:29 am
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Stora Enso projects a significant increase in 2024 adjusted EBIT compared to 2023, despite challenges such as weak demand and high costs.
Stora Enso's announcement of a significantly higher expected EBIT for 2024 suggests a positive long-term outlook, despite current market challenges. This could lead to a positive short-term impact on the stock as investors anticipate future growth.
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