Stora Enso

New CEO to accelerate turnaround

  • Sectors : Paper & Packaging
  • Companies : Stora Enso

Ratings and price correct at time of issue.

  • Stora Enso

    Closing Price: 1218c

  • RATING 24/07/23

  • PREVIOUS RATING 10/05/23



Stora Enso has appointed a new CEO, Hans Sohlström, to accelerate its profit turnaround, succeeding Annica Bresky who has left the group. While expecting a possible acceleration of ongoing restructuring actions to improve profitability, we reaffirm our ‘Neutral’ view ahead of the Q3 2023 results on October 24th.

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Sep 19 2023, 06:55 IST/BST