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Stora Enso | November 07, 2019
Stora Enso’s digitisation programme is realising the benefits of automation and 5G to optimise efficiency, flexibility, and availability in production. Stora Enso is among the world’s oldest companies with more than 700 years of heritage, encompassing mining, iron and wood activities, stretching back to the 13th century. Today it focuses on all of the possibilities to manufacture a diverse range of products made from renewable materials with the forest and the trees as their foundati...
Stora Enso, Sulapac | December 11, 2019
Stora Enso and Sulapac are launching a renewable and biodegradable straw to combat the global problem of plastic waste. The straws have strong usability; they work just like traditional straws and are available to brands and consumers looking for more eco-friendly solutions. The first customers include Finnair’s lounges in Helsinki, replacing their plastic and paper straws, food delivery platform Wolt, the alcoholic beverage brand company Altia, Hotel St. George, and vegan café Kipp...
Stora Enso | August 20, 2020
Stora Enso has appointed Annette Stube as EVP, Head of Sustainability and a member of the Group Leadership Team. She will start on 1 September 2020. Annette Stube is a Danish citizen who joins from a position as Head of Sustainability in A.P. Moller–Maersk, an integrated transport and logistics company. Previously she has worked as Director of Sustainability programmes in the global healthcare company Novo Nordisk. She has a master’s degree in psychology and an Executive Board Educat...
Stora Enso | July 21, 2020
Sales decreased by 18.9% to EUR 2 114 (2 608) million, due to lower deliveries and prices, as a result of the impact of the Covid-19 pandemic. Operational EBIT decreased to EUR 178 (299) million. The impact of lower sales was partly offset by good cost management. Operational EBIT margin was 8.4% (11.5%). Operating profit (IFRS) was EUR 226 (142) million. EPS was EUR 0.19 (0.08) and EPS excl. IAC and fair valuations was EUR 0.14 (0.27). Cash flow from operations amounted to EUR 363 (550) million...
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