Stora Enso's Near-term Outlook 

Near-term Outlook published 8 February 2012:

The business environment in the first few months of 2012 is predicted to remain challenging. Uncertainty and limited visibility are expected to persist in European markets. The anticipated reduction in variable costs should progressively become apparent in the Group’s results.

Group sales and operational EBIT for the first quarter of 2012 are forecast to be approximately in line with the fourth quarter of 2011 as combined improvement in the Business Area results is offset by lower results in forest companies (EAI).