Stora Enso

Finland's Stora Enso Reports Growth In Q4 Profit

Stora Enso said its fourth quarter operating profit more than doubled from a year earlier, driven by price increases and cost saving actions.

ACE, EXTR:ACT Join Forces To Establish Food and Beverage Carton Alliance

Two European associations, ACE (The Alliance for Beverage Cartons and the Environment) and EXTR:ACT, have come together to form the Food and Beverage Carto...

Stora Enso Sees Slower Forestry Market Recovery After Q3 Profit Miss

Stora Enso missed market expectations for third-quarter operating profit and said it expected the gradual market recovery seen so far this year to slow dow...

Stora Enso To Sell Part Of Forest Assets In Sweden To Reduce Debt

Stora Enso will put 12% of its forest assets in Sweden up for sale in a move to reduce debt and strengthen its balance sheet.

Stora Enso Expects High Costs, Market Uncertainty To Continue In 2024

Stora Enso expects pressure from high wood costs and market uncertainties to continue throughout 2024, the Finnish forestry firm said.

Finland's Stora Enso Lifts 2024 Outlook As Orders, Prices Rise

Stora Enso raised its full-year core profit forecast as it said it expected improved volumes and orders as well as increasing pulp prices.

Stora Enso To Cut More Jobs As Forestry Market Weakness Persists

Finnish forestry firm Stora Enso said it could lay off about 1,000 employees as part of a restructuring plan aimed at boosting profits and competitiveness...

Stora Enso Expects Weak Demand To Persist Into 2024

Finnish forestry firm Stora Enso said it expects weak market conditions to persist into next year, with no recovery in the final quarter of 2023, hit by lo...