Tuesday, April 24, 2012

Stora Enso CEO Jouko Karvinen Comments on First Quarter 2012 Results Announced Today

"Quarterly Performance as Expected, Transformation Accelerating" HELSINKI, Finland, April 24, 2012 (GLOBE NEWSWIRE) -- STORA ENSO OYJ STOCK EXCHANGE RELEASE 24 April 2012 at 13.01 EET "Our first quarter earnings performance was overall in line with our guidance in February. However, the return on capital employed was below cost of capital, which shows the never-ending need to improve our cost position and operational performance. In addition to the expected price pressures and variable cost reduct...continued
     

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