STORA ENSO OYJ, Helsinki, Finland
INTERIM REPORT 29 October 2019 at 8.30 EET
Continued focus on cash and costs
Profit protection programme target increased to EUR 275 million 

Q3/2019 (compared with Q3/2018)

· Sales decreased by 7.1% to EUR 2 402 (2 585) million.
· Operational EBIT decreased to EUR 231 (358) million.
· Operating profit (IFRS) was EUR 170 (363) million.
· EPS decreased to EUR 0.09 (0.27) and EPS excl. IAC was EUR 0.13 (0.31).
· Strong cash flow from operations amounted to EUR 488 (457) million. Cash flow after investing activities was EUR 347 (319)

Source: Stora Enso Oyj Interim Report January–September 2019