Previous Close | 145.00 |
Open | 145.00 |
Bid | 145.70 x 0 |
Ask | 145.90 x 0 |
Day's Range | 145.00 - 147.40 |
52 Week Range | 123.00 - 179.00 |
Volume | |
Avg. Volume | 338,881 |
Market Cap | 113.126B |
Beta (5Y Monthly) | 0.93 |
PE Ratio (TTM) | 6.71 |
EPS (TTM) | 21.71 |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Mar 16, 2022 |
1y Target Est | N/A |
Stora Enso has completed the negotiations concerning the consolidation of its book paper production and the permanent closure of one of the two paper machines at the Anjalankoski site in Finland. The closure will take place during the fourth quarter of 2023.In April 2023, Stora Enso announced a plan to permanently close one of the two paper machines and concentrate all book paper production to one line at the integrated Anjalankoski site due to the prevailing weak paper demand and high input cos
Stora Enso has launched a combined Green and Sustainability-Linked Financing Framework to further integrate sustainability into its funding and financing activities.The framework is based on Stora Enso's sustainability agenda and goals, driving the transformation towards a circular bioeconomy. The combined Green and Sustainability-Linked Financing Framework allows Stora Enso to issue both green and sustainability-linked financing instruments, as well as a combination of the two.The green financi
STORA ENSO OYJ INTERIM REPORT 25 April 2023 at 8:30 EEST
Stora Enso provided guidance in connection with its financial statement release 2022, published on 31 January 2023, that its full-year 2023 operational EBIT was expected to be lower than for the full-year 2022 (EUR 1,891 million).
Stora Enso plans to consolidate its book paper production and permanently close one of the two paper machines at Anjala in Finland. The Group will start change negotiations concerning all employees at the integrated Anjalankoski site.The Anjalankoski site in Finland includes the Ingerois packaging board production unit and the Anjala paper production unit. Today, the Anjala production unit produces coated and uncoated book papers, coated magazine paper and improved newsprint on two machines. Due
Stora Enso will publish its January–March 2023 Interim Report on Tuesday 25 April 2023 at approximately 8:30 EEST (7:30 CEST).
Stora Enso has completed the divestment of its paper production site in Hylte, Sweden announced on 27 January 2023, and all related assets to Sweden Timber, a Sweden-based sawmill and planing mill company. The enterprise value of the transaction is approximately EUR 18 million and will result in the reduction of Stora Enso's annual newsprint paper capacity by 245,000 tonnes. Using 2022 figures as a benchmark, the divestment is expected to reduce Stora Enso's annual sales by approximately EUR 160
Update to Stora Enso's stock exchange release published today at 10:00 EEST. Restated comparison figures for the key figure "Operational ROCE excluding Forest division" added.
Stora Enso's segment reporting changed as of 1 January 2023, and the Group has restated the comparative figures for its segment reporting for 2021 and 2022.
Stora Enso has appointed Micaela Thorström as EVP, Legal and General Counsel and a member of the Group Leadership Team. She will start in her new role in April 2023.
Stora Enso Oyj's Annual General Meeting was held on 16 March 2023 at Marina Congress Center in Helsinki, Finland. The AGM adopted the accounts for 2022, reviewed the Remuneration Report 2022 and granted the Company's Board of Directors and Chief Executive Officer discharge from liability for the period.
Stora Enso's 2022 Annual Report is available at storaenso.com/annualreport. For 2022, Stora Enso publishes one combined Annual Report, which includes our strategy, sustainability reporting, corporate governance, remuneration and financials. The official audited financial statements in Finnish and Swedish can be downloaded at storaenso.com/annualreport.Stora Enso publishes its annual financial statement in accordance with the European Single Electronic Format (ESEF) reporting requirements. The fo
The Board of Directors of Stora Enso has decided on a new plan for 2023–2025 under the Company's share-based long-term incentive programme. The purpose of the plan is to incentivise and align management with shareholder interests and the long-term strategy of the Company. This will be done through setting measurable and long-term financial, strategic and ESG (Environmental, Social and Governance) targets.
PI, AMP and SEOAY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 31, 2023.
SEOAY, SNEX, PI, HCC and ADM have been added to the Zacks Rank #1 (Strong Buy) List on January 31, 2023.
The Board of Directors of Stora Enso Oyj has decided to convene the Annual General Meeting to be held on Thursday 16 March 2023.
Delivering the best full year financial performance in 22 years despite Q4 market challengesQ4/2022 (year-on-year)
The Shareholders' Nomination Board, established by Stora Enso's Annual General Meeting (AGM), will propose to the AGM to be held on 16 March 2023 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, Håkan Buskhe, Elisabeth Fleuriot, Helena Hedblom, Kari Jordan, Christiane Kuehne, Antti Mäkinen, Richard Nilsson and Hans Sohlström be re-elected members of the Board of Directors until the
Stora Enso has signed an agreement to divest its paper production site in Hylte, Sweden and all its related assets to Sweden Timber, a Sweden-based sawmill and planing mill company. The enterprise value is approximately EUR 18 million. The completion of the transaction is expected in the first half of 2023. Concerning the Anjala paper site in Finland, Stora Enso has decided to discontinue the divestment process.
Stora Enso's segment reporting was changed on 1 January 2023 due to the ongoing reorganisation of the Paper division's operations and changes in the reporting of emerging businesses in the Packaging Solutions division.The Paper division was discontinued as of 1 January 2023 and will not be reported as a separate segment going forward. From 1 January 2023, the Maxau and Hylte sites are reported in Segment Other until the completion of the divestments. The retained Langerbrugge and Anjala sites ar
Stora Enso will publish its fourth quarter and full year 2022 Financial Results on Tuesday 31 January 2023 at approximately 8:30 EET (7:30 CET).
Stora Enso has completed the acquisition of the Netherland-based company De Jong Packaging Group, one of the largest corrugated packaging producers in the Benelux countries. The acquisition announced in September 2022 with an enterprise value of approximately EUR 1,020 million was closed today following regulatory clearances and employee consultation.
Stora Enso has completed the divestment of its Nymölla paper production site in Sweden, and all related assets to Sylvamo, a US-based global producer of uncoated paper. The divestment announced on 15 September 2022 was closed today after regulatory approvals. The enterprise value of the transaction is approximately EUR 150 million.
Stora Enso has initiated a sales process for a possible divestment of its consumer board production site in Beihai, China. The divestment would also include the Group's forestry operations in the surrounding region, which supply raw material to the Beihai site. The sales process supports Stora Enso's strategy to focus on long-term profitable growth within the areas of renewable packaging, building solutions and biomaterials innovations.