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Forestry firm Stora Enso Q2 profit beats forecasts

HELSINKI, July 21 (Reuters) - Finnish forestry firm Stora Enso posted on Wednesday a bigger-than-expected rise in its second-quarter operating profit and said its full-year core result for 2021 remains on track to exceed last year’s earnings.

The pulp, paper and cardboard maker said its operating profit rose to 364 million euros from 178 million a year ago, beating the 302.2-million-euro estimate of 9 analysts polled by Refinitiv. (Reporting by Essi Lehto)

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