SEOJF - Stora Enso Oyj Is Definitely A Long-Term Bet
Finnish company Stora Enso (SEOJF), known for making paper, pulp and packaging board, recently announced better than expected Q1 2018 results when adjusted operating profit for the first quarter came in at €369 million while expectations were pinned at €334 million. Though paper demand in Europe has been on the decline over the years, Stora Enso is still managing to eke out profits. The credit for this quarter's results goes to favorable paper price increases and cost control at its paper mills.
Stora Enso is one of the leading providers of renewable solutions