Displaying items by tag: financial

NewPage Corporation announced today that it will release its first quarter 2010 financial results on Thursday, May 6, 2010, before the market opens. The news release will be available on the NewPage Web site at www.NewPageCorp.com .

The company will broadcast its first quarter 2010 analyst conference call on Thursday, May 6, 2010, at 11:00 a.m. (ET) with access available through the Internet and telephone. The teleconference is expected to last one hour. Tom Curley, president and chief executive officer, will review operating performance. David J. Prystash, senior vice president and chief financial officer, will review the financial results.

The live conference call and presentation slides may be accessed on the NewPage Web site at www.NewPageCorp.com . Click on the link to the Conference Call and Webcast and follow the instructions to access the Webcast in listen and view mode. Please go to the Web site at least one hour prior to the call to register, download and install any necessary audio software. The call will be available live and stored on the Web site for five weeks.

Analysts and i nvestors may access the call by dialing (866) 244-4629 (toll-free domestic ) or (703) 639-1176 (international), conference ID 1413359. A replay of the call can be accessed via telephone (888) 266-2081 (toll-f ree domestic) or (703) 925-2533 (international), access code 1413359. The replay will be available starting at 2 p.m. (ET) on May 6, 2010, and will remain available until midnight (ET) on June 10, 2010.

About NewPage Corporation

Headquartered in Miamisburg , Ohio , NewPage Corporation is the largest coated paper manufacturer in North America , based on production capacity, with $3.1 billion in net sales for the year ended December 31, 2009 . The company's product portfolio is the broadest in North America and includes coated freesheet, coated groundwood, supercalendered, newsprint and specialty papers. These papers are used for corporate collateral, commercial printing, magazines, catalogs, books, coupons, inserts, newspapers, packaging applications and direct mail advertising.

NewPage owns paper mills in Kentucky , Maine , Maryland , Michigan , Minnesota , Wisconsin and Nova Scotia , Canada . These mills have a total annual production capacity of approximately 4.4 million tons of paper, including approximately 3.2 million tons of coated paper, approximately 1.0 million tons of uncoated paper and approximately 200,000 tons of specialty paper.

For additional information, please visit the company's Web site at www.NewPageCorp.com .

Media Contact:
Amber Garwood
937-242-9093

The outlook published in the Ahlstrom Corporation's financial statements bulletin on February 3, 2010, remains unchanged, said President & CEO Jan Lång in his review at the company's Annual General Meeting in Helsinki today.

Ahlstrom expects the Group net sales to increase compared to 2009, but remain lower than in 2008. EBIT excluding non-recurring items is estimated to increase from 2009.

Pulp prices have risen since last summer, and Ahlstrom actively strives for sales price increases. The demand for Ahlstrom's products in the first months of 2010 has developed as anticipated.

Ahlstrom Corporation
Jan Lång, President & CEO

Further information

Jan Lång, President & CEO, tel. +358 10 888 4700
Seppo Parvi, CFO, tel. +358 10 888 4768

All AGM material including the CEO's presentation is available at www.ahlstrom.com > Investors.

Distribution:

NASDAQ OMX Helsinki
Main media
www.ahlstrom.com

Ahlstrom in brief

Ahlstrom is a global leader in the development, manufacture and marketing of high performance nonwovens and specialty papers. Ahlstrom´s products are used in a large variety of everyday applications, such as filters, wipes, flooring, labels, and tapes. Based upon its unique fiber expertise and innovative approach, the company has a strong market position in several business areas in which it operates. Ahlstrom's 5,800 employees serve customers via sales offices and production facilities in more than 20 countries on six continents. In 2009, Ahlstrom's net sales amounted to EUR 1.6 billion. Ahlstrom's share is quoted on the NASDAQ OMX Helsinki. The company website is at www.ahlstrom.com.

At the Annual General Meeting of UPM-Kymmene Corporation, held on 22 March 2010, the accounts of the company for the year 2009 were approved and the members of the Board of Directors and the President and CEO were discharged from liability for the financial period.

According to the proposal of the Board of Directors, the AGM decided that a dividend of EUR 0.45 per share will be paid on 7 April 2010. The dividend will be paid to the shareholders who are registered in the list of shareholders maintained by Euroclear Finland Ltd on 25 March 2010, which is the record date for the dividend payment.

According to the proposal of the Board's Nomination and Corporate Governance Committee, the Board of Directors continues to be composed of nine members. Mr Robert J. Routs was elected as a new member of the Board of Directors. The members, Mr Matti Alahuhta, Mr Berndt Brunow, Mr Karl Grotenfelt, Ms Wendy E. Lane, Mr Jussi Pesonen, Ms Ursula Ranin, Mr Veli-Matti Reinikkala, and Mr Björn Wahlroos were re-elected as members of the Board of Directors.

The Board's Nomination and Corporate Governance Committee's proposal that the fees of the Board and Committee members remain unchanged was approved. The fees for the Board members who do not belong to the operative management will be the following: The Chairman of the Board of Directors will receive a fee of EUR 175,000 for the year, the Vice Chairman of the Board of Directors and the Chairman of the Audit Committee a fee of EUR 120,000, and the members of the Board of Directors a fee of EUR 95,000. Daily allowance will be paid in accordance with the company's Travel Rule when the meeting is held outside the place of residence of a Board member. In addition, expenses incurred from travel and lodging will be payable against invoice. Of the annual fee, 60% will be paid in cash and 40% in the form of company shares purchased on the members' behalf.

According to the proposal of the Board's Audit Committee, the auditing company PricewaterhouseCoopers Oy was re-elected as Auditor of the company and the remuneration to the Auditor was decided to be paid against the Auditor's invoice.

{tab=page1}
{tab=page2}

Amendments of the Articles of Association

The AGM approved the Board's proposal to amend §4 of the Articles of Association to the effect that the Board of Directors has only one Deputy Chairman instead of two Deputy Chairmen. The amendment does not affect the aggregate number of Board members, i.e. that the Board continues to have at least five and not more than twelve members.

The AGM approved the Board's proposal to amend §10 of the Articles of Association regarding the notice period of the General Meeting of the shareholders in such a manner that the notice to the meeting shall be published no later than three weeks prior to the General Meeting, but in any case at the latest nine days before the record date referred to in Section 2, Subsection 2 of Chapter 4 of the Finnish Companies Act.

Authorisation to decide on the acquisition of the Company's own shares

The Board was authorised to decide on the acquisition of not more than 51,000,000 own shares of the company. The authorisation includes also the right to accept the company's own shares as pledge.

By virtue of the authorisation the Company's own shares will be acquired in public trading otherwise than in proportion to the existing shareholdings of the Company's shareholders at the market price quoted at the time of purchase on the trading places where the Company's shares or the certificates entitling to its shares are traded, using the Company's unrestricted shareholders' equity.

The shares will be acquired to be used for financing of possible corporate acquisitions, investments or other business operations or as part of the Company's incentive programmes, or to be retained by the Company, transferred or cancelled.

The Board shall decide on all other matters related to the acquisition of the Company's own shares.

The authorisation will remain valid for 18 months from the date of the resolution of the Annual General Meeting. This authorisation cancels the authorisation to acquire the Company's own shares resolved by the Annual General Meeting on 25 March 2009.

Authorisation to decide on the issuance of shares and special rights entitling to shares of the Company

The Board was authorised to decide on the issuance of shares and/or transfer the Company's own shares held by the Company and/or issue special rights entitling to shares of the Company as follows:

The maximum number of the new shares that may be issued and the Company's own shares held by the Company that may be transferred is in the aggregate 25,000,000 shares including also the number of shares that can be received on the basis of the special rights referred to in Chapter 10, Section 1 of the Finnish Companies Act.

The new shares and special rights entitling to shares of the Company may be issued and the Company's own shares held by the Company may be transferred to the Company's shareholders in proportion to their existing shareholdings in the Company, or in a directed share issue, deviating from the shareholder's pre-emptive subscription right, provided that the Company has a weighty financial reason for doing so, such as financing of possible corporate acquisitions, investments or other business operations, or using the shares as part of the Company's incentive programmes.

The Board of Directors may decide on a share issue without a payment to the Company itself.

The new shares may be issued and the own shares held by the Company may be transferred either against payment or without payment. The directed share issue may be without payment only in case there is an especially weighty financial reason when taking into consideration the interests of the Company and all its shareholders.

The subscription price of the new shares and the amount payable for the Company's own shares shall be recorded in the reserve for invested unrestricted equity.

In accordance with Chapter 9, Section 20 of the Finnish Companies Act, a public company may not decide on a free of payment issue to the company itself, if the total number of the company's own shares held by the company and its subsidiaries would then exceed one tenth (1/10) of all of the shares of the company.

The Board shall decide on all other matters related to the issues and transfers of shares and special rights entitling to shares. The authorisation is valid until 22 March 2013.

Donations for philanthropic or corresponding purposes

The Board was authorised to decide to donate no more than EUR 500,000 for philanthropic or corresponding purposes in year 2010 and that the Board be authorised to determine the donees, the purposes and the terms of the donations at its discretion.

{/tabs}

Stora Enso's Annual Report 2009 is published today as PDF documents. Stora Enso's Annual Report is comprised of three separate reports: Stora Enso 2009, Financial Performance 2009 and Sustainability Performance 2009.

Stora Enso 2009 is available in English, Finnish and Swedish. Financial Performance 2009 and Sustainability Performance 2009 are available in English. All three reports can be downloaded at the Group's website at www.storaenso.com/annualreport.

The printed Annual Report will be published during the week commencing Monday 8 March 2010. Stora Enso 2009 will be distributed to those shareholders in Finland and Sweden who have so requested, and to all registered ADR holders. Printed copies of all the reports can be ordered at www.storaenso.com/order or by sending an e-mail to This email address is being protected from spambots. You need JavaScript enabled to view it.

All of these documents are available on the Group's website.

For further information, please contact:
Sanna Lahti, Director, Financial and Change Communications, tel. +358 2046 21251

www.storaenso.com
www.storaenso.com/investors

Stora Enso is the world leader in forest industry sustainability. We offer our customers solutions based on renewable raw materials. Our products provide a climate-friendly alternative to many non-renewable materials, and have a smaller carbon footprint. Stora Enso is listed in the Dow Jones Sustainability Index and
the FTSE4Good Index. Stora Enso employs some 27 000 people worldwide, and our sales in 2009 amounted to EUR 8.9 billion. Stora Enso shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) in the International OTCQX over-the-counter market.

STORA ENSO OYJ

Jari Suvanto Ulla Paajanen-Sainio

Attachments:
stora enso_eng_sustainability_performance_2009.pdf
stora enso_eng_corporate governance 2009.pdf
stora enso_eng_financial_performance_2009.pdf
stora enso_eng_parent company financial statements_2009.pdf
stora_enso_2009_eng.pdf