Stora Enso Oyj (STE-A.ST)
| Previous close | 148.50 |
| Open | 148.00 |
| Bid | 147.00 x 0 |
| Ask | 149.00 x 0 |
| Day's range | 144.50 - 149.50 |
| 52-week range | 120.20 - 159.00 |
| Volume | |
| Avg. volume | 3,331 |
| Market cap | 115.28B |
| Beta (5Y monthly) | 0.77 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 1.15 (0.78%) |
| Ex-dividend date | 21 Mar 2024 |
| 1y target est | N/A |
- Reuters
Finland's Stora Enso shuts two further production sites due to strikes
Finnish forestry firm Stora Enso on Friday said it would start fully ramping down its Imatra and Oulu mills on Sunday due to ongoing political strikes that are hitting ports and transportation in Finland. Stora Enso had already begun ramping down some production lines at Imatra, but will start shutting down the rest on Sunday, a company spokesperson said. The company expects its Oulu and Imatra mills to be fully closed by the beginning of Easter, the spokesperson said, adding that it would take a few days to fully close all production lines.
- GuruFocus.com
Stora Enso Oyj's Dividend Analysis
Stora Enso Oyj (SEOAY) recently announced a dividend of $0.11 per share, payable on 2024-04-04, with the ex-dividend date set for 2024-03-21. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Stora Enso Oyj's dividend performance and assess its sustainability.
- Reuters
Finnish forestry firm UPM sees lower first-half profit
The UPM shares tumbled around 6% in early trading in Helsinki, while peer Stora Enso fell 5% after it announced further job cuts. UPM said it expected demand for many of its products to improve over 2024 as customer destocking comes to an end. Affected by low demand and suppressed pulp prices, forest industry companies have seen their results tumble over the past year, leading UPM and Stora Enso to cut jobs and close production sites.
