|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||11.02 - 11.17|
|52 Week Range||11.00 - 21.48|
|Beta (3Y Monthly)||1.14|
|PE Ratio (TTM)||8.51|
|Forward Dividend & Yield||0.57 (4.55%)|
|1y Target Est||15.00|
A promising start of the year, supported by the profit protection programme HELSINKI , April 25, 2019 /PRNewswire/ -- Q1/2019 (compared with Q1/2018) Sales increased 2.2% to EUR 2 635 (2 579) million, ...
STORA ENSO OYJ STOCK EXCHANGE RELEASE 25 April 2019 at 9.30 EEST HELSINKI , April 25, 2019 /PRNewswire/ -- Financial report dates in 2020 Stora Enso Oyj will publish four interim reports in 2020. The publication ...
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HELSINKI, March 18, 2019 /PRNewswire/ -- Stora Enso starts co-determination negotiations with employees at Oulu Mill in Finland regarding a plan to convert the paper mill into packaging board production and the closure of paper machine 6 and a sheeting plant. The planned change could result in a reduction of a maximum of 400 employees at the mill. The decision on the potential conversion will be made by the Stora Enso Board of Directors during the first half of 2019 after the co-determination process has been completed. Stora Enso announced in June 2018 that it would evaluate development opportunities for the Oulu Mill, because current coated wood-free paper production is facing challenges with market demand and profitability.
HELSINKI, Finland, March 14, 2019 /PRNewswire/ -- Stora Enso's Annual General Meeting (AGM) on 14 March 2019 adopted the accounts for 2018 and granted the Company's Board of Directors and Chief Executive Officer discharge from liability for the period. The AGM approved the proposal by the Board of Directors that the Company distributes a dividend of EUR 0.50 per share for the year 2018. The dividend shall be paid to shareholders who on the record date of the dividend payment, Monday 18 March 2019, are recorded in the shareholders' register maintained by Euroclear Finland Oy or in the separate register of shareholders maintained by Euroclear Sweden AB for Euroclear Sweden registered shares.
HELSINKI , March 14, 2019 /PRNewswire/ -- Stora Enso is investing EUR 5 million to build a new production line and related infrastructure to manufacture formed fiber products at Hylte Mill in Sweden . ...
THIS ANNOUNCEMENT IS NOT BEING MADE IN, AND COPIES OF IT MAY NOT BE DISTRIBUTED OR SENT INTO, THE UNITED STATES, THE UNITED KINGDOM OR JAPAN. Stora Enso has today successfully issued its first Green Bonds. The bonds are issued under Stora Enso's Green Bond framework published in May 2018.
HELSINKI , Feb. 14, 2019 /PRNewswire/ -- STORA ENSO OYJ ANNUAL FINANCIAL REPORT 14 February 2019 at 10.10 EET Correction: Links to the reports were wrong Stora Enso's Annual Report 2018 has been published ...
HELSINKI , Feb. 14, 2019 /PRNewswire/ -- STORA ENSO OYJ ANNUAL FINANCIAL REPORT 14 February 2019 at 9.30 EET Stora Enso's Annual Report 2018 has been published at storaenso.com/annualreport2018 . The Annual ...
HUDDINGE, Sweden , Feb. 14, 2019 FULL YEAR AND THE FOURTH QUARTER Net sales amounted to MSEK 1,615.1 (657.6), of which the fourth quarter amounted to MSEK 463.3 (238.7). This corresponds to an increase ...
The Board of Directors of Stora Enso Oyj has decided to convene the Annual General Meeting to be held on 14 March 2019. Notice is given to the shareholders of Stora Enso Oyj to the Annual General Meeting to be held on Thursday 14 March 2019 at 4 p.m. Finnish time at Finlandia Hall, Mannerheimintie 13 e, Helsinki, Finland. The Annual General Meeting (AGM) will be conducted in the Finnish language.
HELSINKI , Feb. 1, 2019 /PRNewswire/ -- FINANCIAL STATEMENT RELEASE 1 February 2019 at 9.30 EET Sales growth continued Temporary operational challenges – Dividend proposal EUR 0.50 per share Q4/2018 (year-on-year) ...
Stora Enso is implementing a profit protection programme intended to achieve an annual cost reduction of EUR 120 million as well as reduction of capital expenditure by about EUR 50 million compared to the earlier announced forecast. The programme includes plans to reduce costs at the Ala and Imavere sawmills and a plan to close paper machine 6 at Imatra Mills. Stora Enso is implementing a profit protection programme of EUR 120 million targeting reductions in variable and fixed costs, as market uncertainty increases.
Stora Enso has been top-rated in combatting global warming by the international non-profit organisation CDP, which works to build a sustainable global economy. CDP has included Stora Enso on its new 2018 Climate A List, which identifies the global companies that are taking leadership in climate action. "We are proud of this recognition of our long-term work to reduce our emissions," says Noel Morrin, EVP Sustainability at Stora Enso.
HELSINKI , Jan. 18, 2019 /PRNewswire/ -- STORA ENSO OYJ INVESTOR NEWS 18 January 2019 at 9.00 EET Stora Enso will publish its fourth quarter and full year 2018 Financial Results on Friday 1 February 2019 ...
HELSINKI, Finland , Dec. 20, 2018 /PRNewswire/ -- STORA ENSO OYJ STOCK EXCHANGE RELEASE 20 December 2018 at 16.00 EET Stora Enso has divested 100% of the shares of its Swedish subsidiary June Emballage ...
The Shareholders' Nomination Board, established by Stora Enso's Annual General Meeting (AGM), will propose to the AGM to be held on 14 March 2019 that the company's Board of Directors shall have nine (9) members. The Shareholders' Nomination Board proposes that of the current members of the Board of Directors –Jorma Eloranta, Elisabeth Fleuriot, Hock Goh, Christiane Kuehne, Antti Mäkinen, Richard Nilsson, Göran Sandberg, and Hans Stråberg be re-elected members of the Board of Directors until the end of the following AGM and that Mikko Helander be elected new member of the Board of Directors for the same term of office.
HELSINKI, Dec. 14, 2018 /PRNewswire/ -- Stora Enso will invest EUR 22 million (SEK 232 million) at Skoghall Mill in Sweden in an expansion of the existing water treatment plant. Increased capacity and new, modern technology will enhance the water treatment process at the mill. This will reduce the environmental impact of the operations and help to meet future environmental requirements. "We always strive to use as much of the wood as possible, to find new uses for our by-products, and to minimise our environmental footprint," says Margareta Sandström, Environmental Manager at the Skoghall Mill.
Finland's Stora Enso (STERV.HE), one of the world's largest pulp and paper makers, said on Tuesday it had joined forces with local startup Sulapac to develop renewable and biodegradable straws to combat the global plastic waste problem. European Union lawmakers moved in October to ban widely-used, throw-away plastics such as straws and cotton buds, and put greater pressure on manufacturers to recycle in an effort to clear up ocean pollution. "Billions of plastic straws are produced and used every week ... This is the world's most sustainable straw that can be produced on an industrial scale," Sulapac founder and chief executive Suvi Haimi said in a statement.
The shareholders of Bergvik Skog AB, a Swedish forest holding company, have signed a binding agreement regarding the previously announced intent to restructure its ownership. With this agreement, the parties aim to complete the transaction during the first half of 2019. Stora Enso's forest holdings in Sweden will increase to 1.4 million hectares, of which 1.15 million hectares is productive forest land.
HELSINKI , Nov. 13, 2018 /PRNewswire/ -- Bergvik Skog AB, a Swedish forest holding company, has divested its ownership in its subsidiaries in Latvia where the company owned a total of 0.1 million hectares ...
HELSINKI , Nov 6, 2018 /PRNewswire/ -- Stora Enso's Capital Markets Day takes place in Helsinki on Wednesday 7 November. The theme of the day is "Creating value in the bioeconomy". "I am ...
HELSINKI , Nov 5, 2018 /PRNewswire/ -- STORA ENSO OYJ INVESTOR NEWS 5 November 2018 at 14.00 EET Stora Enso will arrange a Capital Markets Day in Helsinki on 7 November 2018 . The CMD programme will provide ...
Moody's Investors Service ("Moody's") has today upgraded Stora Enso Oyj (Stora Enso), assigning a Baa3 long-term issuer rating. Concurrently Moody's has withdrawn its Ba1 corporate family rating and Ba1-PD probability of default rating, as per the rating agency's practice for corporates with investment grade ratings. Please refer to the Moody's Investors Service's Policy for Withdrawal of Credit Ratings, available on its website, www.moodys.com.