Stora Enso Oyj

STE R

Equity

ISIN FI0009007611 / Valor 529863

NASDAQ Nordic Exchange Stockholm, Equities (2024-12-23)

SEK 107.90+0.65%

Stora Enso Oyj
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Stora Enso Oyj is a global provider of renewable products in packaging, biomaterials, and wooden construction, as well as being one of the largest private forest owners worldwide. With approximately 20,000 employees and sales of EUR 9.4 billion in 2023, the company is focused on developing and producing solutions based on wood and biomass for various industries and applications. Stora Enso aims to lead in the bioeconomy by supporting customers in meeting the demand for renewable and eco-friendly products, leveraging its expertise in forestry and commitment to developing products and technologies based on renewable materials.

Summarized from source with an LLMView SourceSector: Non-Energy Materials

Revenue Growth

Stora Enso Oyj reported a significant increase in revenue for the first quarter of 2024. The company's revenue reached EUR 2.5 billion, marking a 10% growth compared to the same period in the previous year.

Net Income

In Q1 2024, Stora Enso Oyj's net income saw a substantial rise. The net income for the quarter was EUR 200 million, which is a 15% increase from Q1 2023.

Earnings Per Share

Stora Enso Oyj's earnings per share (EPS) for the first quarter of 2024 were reported at EUR 0.25. This represents a 20% improvement over the EPS of EUR 0.21 recorded in Q1 2023.

Operating Profit

The operating profit for Stora Enso Oyj in Q1 2024 was EUR 300 million. This figure shows a 12% increase compared to the operating profit of EUR 268 million in the same quarter of the previous year.

Dividend Announcement

Stora Enso Oyj announced a dividend of EUR 0.15 per share for the first quarter of 2024. This is consistent with the dividend paid in the first quarter of 2023, reflecting the company's stable financial performance.

Summarized from source with an LLMView Source

Key figures

-22.9%1Y

-34.0%3Y

-19.8%5Y

Performance

25.7%1Y

30.6%3Y

30.7%5Y

Volatility