Tuesday 08. February 2011
Stora Enso CEO Jouko Karvinen comments on fourth quarter and full year 2010 results announced today
“We at Stora Enso finished 2010 with a positive tone. Product pricing continued to improve and we beat the run-rate improvement target for fixed costs set in our Next Step programme announced in spring 2009. The increase in maintenance costs compared with the third quarter, especially in Consumer Board and Magazine Paper, did burden our earnings in this particular quarter, but it was well within our own plans.