Stora Enso Oyj - Company Announcement

Stora Enso’s NRI in the third quarter 2015 have a EUR 16 million positive impact on operating profit

Helsinki, Finland, 2015-10-12 08:01 CEST (GLOBE NEWSWIRE) -- STORA ENSO OYJ
STOCK EXCHANGE RELEASE 12 October 2015 at 9.01 EET 


Stora Enso will record non-recurring items (NRI) with a positive non-cash
impact of EUR 16 million on its third quarter 2015 operating profit. These
NRI's are reversals of earlier made environmental provisions. The NRIs do not
have impact on the operational EBIT in the third quarter. 

ALLOCATION OF NRI BETWEEN SEGMENTS



Segment                       EUR million
-----------------------------------------
Consumer Board                          -
Packaging Solutions                     -
Biomaterials                            -
Wood Products                           -
Paper                                 6.0
Other                                10.0
-----------------------------------------
NRI on Operating Profit              16.0
-----------------------------------------
NRI on financial items                  -
-----------------------------------------
NRI on Profit before Tax                -
-----------------------------------------
NRI on tax                              -
-----------------------------------------
NRI on Profit for the Period         16.0
-----------------------------------------



Stora Enso will announce its third quarter 2015 results on Friday 23 October
2015. 


For further information, please contact:

Seppo Parvi, CFO, tel. +358 2046 21205

Ulla Paajanen-Sainio, Head of Investor Relations, tel. +358 2046 21242


Stora Enso is a leading provider of renewable solutions in packaging,
biomaterials, wood and paper on global markets. Our aim is to replace
non-renewable materials by innovating and developing new products and services
based on wood and other renewable materials. We employ some 27 000 people in
more than 35 countries, and our sales in 2014 were EUR 10.2 billion. Stora Enso
shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and Stockholm (STE A,
STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) on the
International OTCQX over-the-counter market. www.storaenso.com 

STORA ENSO OYJ