Stora Enso reports subdued demand and higher costs amid Iran conflict
Forest industry group Stora Enso continues to face higher costs as a result of the war in Iran, as well as subdued demand in several markets.
BusinessForest industry group Stora Enso continues to face higher costs as a result of the war in Iran, as well as subdued demand in several markets.
BusinessThe Stockholm Stock Exchange fell on Thursday. Prices were pressured by the growing global AI boom and concerns about the effects of the oil price surge due to developments in the Middle East.
BusinessSwedish-Finnish forestry group Stora Enso reports adjusted operating profit of EUR 160 million for the second quarter of this year. That is a 27 percent increase from the second quarter of last year.
BusinessThe flood of reports gets going in earnest next week. The economy looks good, says Lars Söderfjell at the Bank of Åland.
BusinessHelsinki-based Stora Enso plans to close its pulp production and restructure in Skutskär, the paper manufacturer said in a press release. MBL negotiations with union representatives will begin.
BusinessForest industry group Stora Enso said its adjusted operating profit fell sharply to EUR 100 million in the fourth quarter of 2025, compared with EUR 121 million in the corresponding quarter of 2024.
BusinessThe Stockholm Stock Exchange rose, led by heat pump manufacturer Nibe. At the close on Wednesday, the broad OMXS index rose 1 percent. At the same time, the Swedish krona was under pressure.
BusinessExpect increased dividends in this year's flood of financial statements from listed companies over the coming weeks. We expect SEK 327 billion from the companies we monitor. That's about 4 percent more than last year, says SEB's equity strategist Esbjörn Lundevall about the dividends.
BusinessForest industry group Stora Enso has decided to list its Swedish forest holdings in a separate company on the Helsinki and Stockholm stock exchanges.
BusinessVattenfall's new company for new nuclear power at Ringhals is now taking the next step. The industrial partnership Industrikraft, with companies such as ABB and SSAB, signs a partnership agreement.
BusinessThe forestry company Stora Enso reports an adjusted operating result of 126 million euro for the second quarter of the year. It is a profit decline of 18 percent compared to the second quarter last year, when the result was 153 million euro. But the result is somewhat better than expected.
BusinessRisk appetite in the market increases since the US and Japan have made an agreement on tariffs and the Trump administration is now shifting focus to getting a EU deal done. The krona rises and the Stockholm stock exchange followed other stock exchanges in the world when the broad OMXS index closed at a plus of 1.9 percent.
BusinessThe Stockholm stock exchange enters the Midsummer weekend on a minus. The stock exchange was traded with slight declines and at closing the broad OMXS fell back 0,6 percent.
BusinessThe forest company Stora Enso will spend 12 million kronor to save freshwater pearl mussels that they are suspected of having run over last year, writes Dagens industri.
BusinessStora Enso, one of Sweden's largest forest owners, is divesting more than 12 per cent of its forest assets in Sweden. The deal is valued at 9.8 billion kronor.
BusinessStora Enso, one of Sweden's major forest owners with a number of mills and sawmills in the country, is increasing the dividend, according to a proposal from the board of directors in the forestry group's annual report. However, the outlook remains subdued and unpredictable, according to the company.
BusinessThe Stockholm stock exchange's broad OMXS-index hovered around zero on Tuesday and closed marginally up, plus 0.1 percent. The online broker Nordnet fell hard, minus 6.3 percent, after being hit by major technical problems.
BusinessDon't pay. And if the suppliers wonder why: Tell a lie. That's how the forestry group Stora Enso improves its own cash flow, according to an internal email that has been sent to the staff, reveals Dagens industri.
BusinessThe Stockholm Stock Exchange fell on Thursday, weighed down by falling prices in the major banks. But the decline was broad.
BusinessThe forestry company Stora Enso is stopping its operations in parts of Finland after the environmental scandal that was recently revealed.
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