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Sales and Deliveries

The slowdown in demand that had already started by the fourth quarter of 2000 continued throughout 2001. Deliveries of paper and board decreased by 1%. Lower orders, due to the economic slowdown, were matched by production curtailments to avoid excessive inventories; total curtailments were 1 540 000 tonnes, equal to 10% of total capacity. Timber product deliveries remained at the previous year's level.

The table Deliveries by Product Area sets out Group deliveries, but to achieve compatibility between the years, the following adjustments for Consolidated Papers pre-acquisition deliveries should be added to the figures shown for 2000; an increase of 797 000 tonnes in magazine paper, 492 000 tonnes in fine paper and 20 000 tonnes in packaging boards.

Stora Enso´s marketing is global though the home market is Europe, which accounts for 69% (76%) of sales; the North American market represents 20% (12%) and Asia Pacific 7% (8%).

Deliveries by Product Area
Deliveries by Product Area, per Quarter
Sales by Country
Sales by Product Area, per Quarter
Deliveries by Product Area
  Year Ended 31 December Change Production
Tonnes, 000's 1999 2000 2001 % Curtailments
Magazine paper 2 756 3 269 3 871 +18 560
Newsprint 3 122 3 134 3 031 -3 130
Fine paper 2 912 3 151 3 191 +1 670
Packaging boards 3 196 3 417 2 765 -19 180
Divested paper units 10 - - - -
Total Paper and Board Deliveries 11 996 12 971 12 858 -1 1 540
Timber, 000's cubic metres 4 637 4 880 4 860 -
Corrugated board, million square metres 355 404 434 +7
Deliveries by Product Area, per Quarter
1 000 tonnes I/00 II/00 III/00 IV/00 2000 I/01 II/01 III/01 IV/01 2001
Magazine paper 676 707 838 1 048 3 269 994 920 967 990 3 871
Newsprint 759 747 789 840 3 134 780 755 740 756 3 031
Fine paper 771 720 793 867 3 151 857 773 760 801 3 191
Packaging boards 876 855 848 838 3 417 706 728 678 653 2 765
Total 3 082 3 029 3 268 3 593 12 972 3 337 3 176 3 145 3 200 12 858
                   
Timber, 1 000 m3 1 159 1 290 1 120 1 312 4 880 1 242 1 276 1 082 1 260 4 860
Corrugated board, million m2 91 104 102 107 404 107 107 109 111 434
Sales by Country
  Year Ended 31 December
EUR million 1999 2000 2001
Germany 1 825.7 1 987.4 1 840.3
U.K. 1 321.7 1 446.4 1 324.8
France 974.0 1 035.4 1 007.0
Sweden 810.5 1 052.3 1 026.6
Finland 730.2 821.8 776.0
Netherlands 538.8 610.1 581.9
Italy 450.7 520.6 403.2
Spain 440.0 495.9 445.5
Belgium 349.4 366.8 345.1
Denmark 286.8 319.8 307.6
Other EU 423.0 495.5 482.2
Total EU 8 150.8 9 152.0 8 540.2
Other Europe 635.3 788.5 813.2
North America 607.4 1 512.7 2 639.1
Asia Pacific 773.6 1 023.9 954.3
Others 468.6 539.9 562.0
Total 10 635.7 13 017.0 13 508.8
Sales by Product Area, per Quarter
EUR million I/00 II/00 III/00 IV/00 2000 I/01 II/01 III/01 IV/01 2001
Magazine paper 562.5 590.0 729.1 937.2 2 818.8 910.2 847.6 831.7 859.5 3 449.0
Newsprint 416.0 417.0 449.6 484.1 1 766.7 501.7 490.7 471.9 469.6 1 933.9
Fine paper 758.5 768.1 883.5 1 063.1 3 473.2 1 021.3 904.1 838.6 853.5 3 617.5
Packaging boards 719.2 746.9 753.0 755.9 2 975.0 701.9 704.2 672.8 645.1 2 724.0
Timber 298.1 334.8 293.7 315.5 1 242.1 307.3 311.8 266.2 295.2 1 180.5
Merchants 225.4 221.4 212.9 230.9 890.6 231.4 211.5 188.9 208.5 840.3
Forest 508.1 452.2 426.4 490.7 1 877.4 511.5 442.3 410.3 461.5 1 825.6
Other -522.8 -449.5 -494.8 -599.4 -2 066.5 -548.3 -523.8 -479.9 -510.0 -2 062.0
Continuing Operations Total 2 965.0 3 080.9 3 253.4 3 678.0 12 977.3 3 637.0 3 388.4 3 200.5 3 282.9 13 508.8
Discontinued operations, Energy 46.4 23.9 - - 70.3 - - - - -
Internal sales, Energy -19.7 -10.9 - - -30.6 - - - - -
Total 2 991.7 3 093.9 3 253.4 3 678.0 13 017.0 3 637.0 3 388.4 3 200.5 3 282.9 13 508.8




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