Paper market decline to hit Stora Enso Q4 results

In contrast, the Building and Living division, which includes the sawmilling business, will account for a positive €2m NRI in the results, released on February 4.

Stora Enso said its printing and reading business will see a NRI of €-204m due to fixed asset impairments, while a further €-30m impact is due to fixed asset impairments and inventory write-downs related to the earlier announced disposal of a a paper mill in Germany.

There will also be a positive impact of approximately €53m on income tax in the Q4 results.

The renewable packaging division will see a positive NRI to the tune of €9m due to the earlier announced disposal of the Corenso business operations.

The net impact of the NRIs will be €-172m.