Stora Enso Consumer Board and Packaging Solutions

Redesigning the future with renewable packaging

08/13/2014

Second quarter 2014 was the strongest ever for Renewable Packaging

In absolute numbers the second quarter 2014, presented in late July, was the strongest ever for Renewable Packaging in the history of the division.

​"All financial parameters point in the right direction. Sales are up and earnings even more, and the Reshape program to reduce fixed costs delivered above target," says Hannu Kasurinen, SVP Finance at Renewable Packaging. “Also return on capital has improved.”

During the second quarter 2014 Renewable Packaging's sales represented one third of the Group's sales and more than half of the Groups earnings. The business unit Consumer Board set a production record during the second quarter and the markets have been stable with both demand and prices mainly according to expectation.

Also safety has developed well with a decrease of 26% for accidents (LTA) for the second quarter 2014 compared to the same period previous year.

​Here you can read the full report in Finnish, Swedish and English.

https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=617954&lang=fi

https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=617954&lang=sv

https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=617954&lang=en