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Stora Enso warns Q3 opg lower; sees wood cost pressure continuing in Q4


Published : Thu, 18 Oct 2007 07:03
By : Agencies
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HELSINKI (Thomson Financial) - Stora Enso warned its third-quarter operating profit, on a comparable basis, will come in 'slightly below' last year's level due to high wood and recycled fibre costs, and a weak US dollar.

The paper producer said it expects wood and recycled fibre cost pressure to continue during the fourth quarter.

james.etheridge@thomson.com

je/sal

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Copyright Thomson Financial News Limited 2007. All rights reserved.

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