Here are Antti’s preview comments on Stora Enso, which will publish its Q4 report on Wednesday. 
We expect the company’s results to have remained at a low level due to a broadly difficult market situation, ramp-up costs at the Oulu mill, and seasonal factors. In the report, attention will focus especially on the outlook, which should indicate a slow upward trend despite the continuing difficult market situation, driven by, among other things, efficiency measures and falling wood prices. Regarding the dividend proposal, the base case for us and the consensus mainstream is a stable dividend (€0.25/share) after a modest earnings year.