Tag: drop

Norske Skog: demand drop due to corona pandemic

Norske Skog’s EBITDA in 2Q 2020 was NOK 138 million ($14.9 million), a decrease from NOK 379 ($41 million) in 1Q 2020, mainly due to national restrictions on movement of goods and people following the outbreak of the...

Stora Enso’s Q2 sales drop 18.9%

Stora Enso’s 1Q 2020 sales decreased by 18,9% YoY to Euro 2,114 billion. The Covid-19 crisis has accelerated the decline in demand for European paper, and the market conditions for the Group’s other products continue to be mixed....