Stora Enso

Stora Enso Oyj Interim Report January-March 2024

Retrieved on: 
Thursday, April 25, 2024
Webcast, Stora Enso, Culture, EEST, Acquisition, Interim, AGM, Management

HELSINKI, April 25, 2024 /PRNewswire/ --

Key Points: 
  • Stora Enso's President and CEO Hans Sohlström comments on the first quarter 2024 results:
    "In a continuous weak market, I am encouraged by Stora Enso's sequential financial performance improvement.
  • Net debt increased by 601 million euro to 3,518 million euro, due to the board investment at the Oulu site.
  • And we are confident that our actions will build a more profitable, competitive, and valuable Stora Enso."
  • This release is a summary of Stora Enso's Interim Report January–March 2024.

Stora Enso Oyj Interim Report January-March 2024

Retrieved on: 
Thursday, April 25, 2024
Webcast, Stora Enso, Culture, EEST, Acquisition, Interim, AGM, Management

HELSINKI, April 25, 2024 /PRNewswire/ --

Key Points: 
  • Stora Enso's President and CEO Hans Sohlström comments on the first quarter 2024 results:
    "In a continuous weak market, I am encouraged by Stora Enso's sequential financial performance improvement.
  • Net debt increased by 601 million euro to 3,518 million euro, due to the board investment at the Oulu site.
  • And we are confident that our actions will build a more profitable, competitive, and valuable Stora Enso."
  • This release is a summary of Stora Enso's Interim Report January–March 2024.

Change in Stora Enso's Group Leadership Team

Retrieved on: 
Thursday, April 11, 2024
Finnish, UPM, OTCQX, Tuomas, Country, Business administration, EUR, Stora Enso, STE, Senior, GLT, Forestry

HELSINKI, April 11, 2024 /PRNewswire/ -- Stora Enso appoints Tuomas Hallenberg as Executive Vice President of the Forest division and a member of the Group Leadership Team (GLT). He will join Stora Enso during the fourth quarter of 2024 and report to President and CEO of Stora Enso, Hans Sohlström. In this role, Hallenberg will succeed Per Lyrvall who will retire at the end of the first quarter 2025.

Key Points: 
  • HELSINKI, April 11, 2024 /PRNewswire/ -- Stora Enso appoints Tuomas Hallenberg as Executive Vice President of the Forest division and a member of the Group Leadership Team (GLT).
  • He will join Stora Enso during the fourth quarter of 2024 and report to President and CEO of Stora Enso, Hans Sohlström.
  • "I'm delighted to welcome Tuomas Hallenberg to Stora Enso's leadership team.
  • Stora Enso proudly carries its heritage by combining these with a leading role in the forest industry," says Tuomas Hallenberg.

Invitation to Stora Enso's Q1 2024 results webcast on 25 April 2024

Retrieved on: 
Thursday, April 11, 2024
Interim, EEST, Teleconference, Webcast, Stora Enso, Norell

HELSINKI , April 11, 2024 /PRNewswire/ -- Analysts, investors, and media are invited to participate in the webcast with a teleconference at 11:00 am EEST (10:00 CEST, 9:00 BST, 4:00 EDT) on the same day. The results will be presented by President and CEO Hans Sohlström and CFO Seppo Parvi. The presentation can be followed live via the link: https://stora-ensos-q1-2024-results-webcast.open-exchange.net/ The webcast link will also be available on Stora Enso's website: storaenso.com/investors.

Key Points: 
  • The results will be presented by President and CEO Hans Sohlström and CFO Seppo Parvi.
  • The presentation can be followed live via the link: https://stora-ensos-q1-2024-results-webcast.open-exchange.net/ The webcast link will also be available on Stora Enso's website: storaenso.com/investors .
  • During the webcast presentation, analysts and investors will also have the possibility to ask questions.
  • To participate in the teleconference, please choose the "Teleconference" option on the homepage of the webcast.

Change in Stora Enso's Group Leadership Team

Retrieved on: 
Thursday, April 11, 2024
Finnish, UPM, OTCQX, Tuomas, Country, Business administration, EUR, Stora Enso, STE, Senior, GLT, Forestry

HELSINKI, April 11, 2024 /PRNewswire/ -- Stora Enso appoints Tuomas Hallenberg as Executive Vice President of the Forest division and a member of the Group Leadership Team (GLT). He will join Stora Enso during the fourth quarter of 2024 and report to President and CEO of Stora Enso, Hans Sohlström. In this role, Hallenberg will succeed Per Lyrvall who will retire at the end of the first quarter 2025.

Key Points: 
  • HELSINKI, April 11, 2024 /PRNewswire/ -- Stora Enso appoints Tuomas Hallenberg as Executive Vice President of the Forest division and a member of the Group Leadership Team (GLT).
  • He will join Stora Enso during the fourth quarter of 2024 and report to President and CEO of Stora Enso, Hans Sohlström.
  • "I'm delighted to welcome Tuomas Hallenberg to Stora Enso's leadership team.
  • Stora Enso proudly carries its heritage by combining these with a leading role in the forest industry," says Tuomas Hallenberg.

Resolutions by Stora Enso Oyj's Annual General Meeting and the organising meeting of the Board of Directors

Retrieved on: 
Thursday, March 21, 2024
Remuneration, Stora Enso, EUR, Employment, Congress Center, Finance, FAM AB, ADR, Euroclear, AGM, FAM, Shareholder, Audit committee, OTCQX, Citibank, Legislation, Sustainability, APA, STE, Management

HELSINKI, March 21, 2024 /PRNewswire/ -- Stora Enso Oyj's ("Stora Enso" or the "Company") Annual General Meeting (the "AGM") was held on 20 March 2024 at Marina Congress Center in Helsinki, Finland. The AGM adopted the accounts for 2023, adopted the remuneration report for 2023 through an advisory resolution and granted the Company's Board of Directors and Chief Executive Officer discharge from liability for the period.

Key Points: 
  • The Company will publish possible resolutions of the Board of Directors on dividend payments and confirm the record and payment dates of the dividend payments in connection with such resolutions.
  • The AGM resolved, in accordance with the proposal by the Shareholders' Nomination Board, that the Board of Directors shall have eight (8) members.
  • In accordance with the proposal by the Shareholders' Nomination Board, the AGM resolved to elect Kari Jordan as Chair of the Board of Directors and Håkan Buskhe as Vice Chair of the Board of Directors.
  • Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R).

Resolutions by Stora Enso Oyj's Annual General Meeting and the organising meeting of the Board of Directors

Retrieved on: 
Wednesday, March 20, 2024
Remuneration, Stora Enso, EUR, Employment, Congress Center, Finance, FAM AB, ADR, Euroclear, AGM, FAM, Shareholder, Audit committee, OTCQX, Citibank, Legislation, Sustainability, APA, STE, Management

HELSINKI, March 20, 2024 /PRNewswire/ -- Stora Enso Oyj's ("Stora Enso" or the "Company") Annual General Meeting (the "AGM") was held on 20 March 2024 at Marina Congress Center in Helsinki, Finland. The AGM adopted the accounts for 2023, adopted the remuneration report for 2023 through an advisory resolution and granted the Company's Board of Directors and Chief Executive Officer discharge from liability for the period.

Key Points: 
  • The Company will publish possible resolutions of the Board of Directors on dividend payments and confirm the record and payment dates of the dividend payments in connection with such resolutions.
  • The AGM resolved, in accordance with the proposal by the Shareholders' Nomination Board, that the Board of Directors shall have eight (8) members.
  • In accordance with the proposal by the Shareholders' Nomination Board, the AGM resolved to elect Kari Jordan as Chair of the Board of Directors and Håkan Buskhe as Vice Chair of the Board of Directors.
  • Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R).

Invitation to Stora Enso's Q4 2023 results webcast on 1 February 2024

Retrieved on: 
Thursday, January 18, 2024
Teleconference, EET, Interim, Stora Enso

The results will be presented by President and CEO Hans Sohlström and CFO Seppo Parvi.

Key Points: 
  • The results will be presented by President and CEO Hans Sohlström and CFO Seppo Parvi.
  • The presentation can be followed live via the link: https://stora-ensos-q4-fy-2023-results.open-exchange.net/ The webcast link will also be available on Stora Enso's website: storaenso.com/investors .
  • During the webcast presentation, analysts and investors will also have the possibility to ask questions.
  • To participate in the teleconference, please choose the "Teleconference" option on the homepage of the webcast.

VTT Info: Aiming for Emission-Free Pulping, Forest Industry and Scientific Community Join Forces

Retrieved on: 
Wednesday, January 17, 2024
University, CO2, University of Oulu, Research, Wood, Business Finland, Aalto University, Chalmers University of Technology, Knowledge, Science, Business, Ecosystem, Biomass, Carbon, Water, LUT University, Stora Enso, University of Helsinki, Emission, Longevity, Mid Sweden University, VTT

The forest industry, technology companies, research organizations, and universities have joined forces to revolutionize the traditional pulping processes under the joint leadership of VTT Technical Research Centre of Finland and RISE Research Institutes of Sweden .

Key Points: 
  • The forest industry, technology companies, research organizations, and universities have joined forces to revolutionize the traditional pulping processes under the joint leadership of VTT Technical Research Centre of Finland and RISE Research Institutes of Sweden .
  • "Due to the limited nature of forest resources, the growth opportunities for the industry are constrained.
  • The key to achieving this lies in fostering innovation and coming together as an industry and as a research ecosystem.
  • This transformation is not just about meeting industry standards; it's about setting new benchmarks for environmental responsibility and operational excellence.

Stora Enso commits to net-zero carbon emissions

Retrieved on: 
Tuesday, December 12, 2023
Carbon, STE, Science, Climate, Part, EUR, Renewable energy, Signature, Neutralisation of Rabaul, Sarly Adre Sarkum, Carbon accounting, Stora Enso, Climate Pledge Fund, Steiner's Taxonomy of Tasks

HELSINKI, Dec. 12, 2023 /PRNewswire/ -- Stora Enso commits to reach net-zero carbon emissions by 2040 by becoming a signatory of The Climate Pledge.

Key Points: 
  • HELSINKI, Dec. 12, 2023 /PRNewswire/ -- Stora Enso commits to reach net-zero carbon emissions by 2040 by becoming a signatory of The Climate Pledge.
  • Committing to net-zero emissions by signing The Climate Pledge is a logical step for Stora Enso in its long-term ambition to become net carbon positive, and to offer 100% regenerative products and solutions by 2050.
  • Stora Enso remains committed to deliver on its existing 2030 target to reduce absolute Scope 1, 2 and 3 emissions by 50% from the 2019 baseline.
  • Neutralise any remaining emissions with additional, quantifiable, real, permanent, and socially beneficial offsets to achieve net-zero annual carbon emissions by 2040.