Wednesday, 23 September 2015 09:20

Historically strong earnings for Södra

Södra reported a strong earnings trend for the first eight months of the year. Operating profit rose to SEK 1,660 million (1,012), sales increased to SEK 12,186 million (11,429) and the operating margin was 14 percent (9). “Södra is performing…
Kemira held its 2015 Capital Markets Day (CMD) in its R&D center in Espoo, Finland. The company presents its current strategy and related financial targets. The company's updated vision "The first choice in chemistry for water-intensive industries" communicates customer and…
Verso Corporation (NYSE: VRS) has just announced that Allen Campbell will become its Senior Vice President and Chief Financial Officer effective upon the commencement of his employment with Verso on September 21, 2015. Campbell has over 30 years of financial…
Excerpts from the Wood Resource Quarterly (www.woodprices.com) Global Timber Markets Sawlog prices fell again in the 2Q/15 in most of the 19 regions worldwide that are part of the Global Sawlog Price Index (GSPI). The Index is at its lowest…
UPM’s journey at the stock market started one hundred years ago. UPM's predecessor companies Aktiebolaget Walkiakoski and Kymmene Ab were listed on the Helsinki Stock Exchange in August-September 1915. The listing is a significant example of Finnish industrialisation and economic…
Stora Enso's Annual Report 2014 has been ranked the best Annual Report in Finland and in the sixth place globally in the Report Watch ranking. The ranking included 1 600 companies from 60 countries. Stora Enso’s Annual Report was praised…
Income after net financial items amounted to SEK 75 (31) million for the second quarter of 2015 and SEK 177 (50) for the six-month period, our best six-month performance in the current structure. Net turnover for the second quarter totalled…
Monday, 24 August 2015 09:11

Stora Enso successfully issues two bonds

Stora Enso has successfully issued two bonds under its EMTN (Euro Medium Term Note) programme. The EUR 125 million ten-year bond pays a floating coupon of Euribor + 2.25%. The second one, EUR 25 million twelve-year bond pays a floating…
As expected, the Cham Paper Group's paper division had a challenging first half in 2015. Investments in machinery upgrades to increase capacity in Carmignano at the start of the year and the relocation of the coating machine from Cham to…
Sonoco (NYSE:SON) has announced that it will raise the price for all paperboard tubes and cores by 6 percent to 8 percent (6%-8%), effective with shipments in the United States and Canada beginning September 14, 2015. “The price increase is…
Sonoco has announced that it will raise the price for all grades of uncoated recycled paperboard (URB) products by $45 per ton, effective with shipments in the United States and Canada beginning August 31, 2015. “The price increase is driven…
KapStone Paper and Packaging Corporation has announced that its Board of Directors has approved a regular quarterly dividend of $0.10 per share payable on October 13, 2015 to shareholders of record as of September 30, 2015. Future declarations of quarterly…
Fortress Paper Ltd. reported 2015 second quarter EBITDA of $4.1 million, an increase of $6.6 million and $10.1 million over the previous quarter and prior year comparative period, respectively. The Dissolving Pulp Segment generated EBITDA of $2.1 million and the…
Wednesday, 12 August 2015 07:31

Domtar Releases 2015 Sustainability Report

Report Highlights Company's Progress Towards Sustainable Business Roadmap Domtar Corporation has released its 2015 Sustainability Report providing insight into the company's priorities, and outlining opportunities on the journey towards becoming a more sustainable business. The report reinforces Domtar's commitments and…
Xerium Technologies, Inc. (NYSE:XRM), a leading global provider of industrial consumable products and services, announced its Q2 2015 results. Adjusted EBITDA improved to $28 million, representing a margin improvement of 170 basis points compared to Q2 2014 and the 5th…