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MarketScreener Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Stora Enso Oyj    STERV   FI0009005961

STORA ENSO OYJ (STERV)
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Stora Enso OYJ : Ensos CKB Nude secures sustainability award in China

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12/07/2018 | 12:33pm CET

Stora Ensos CKB Nude has secured a prize at the annual China Packaging Innovation and Sustainability Forum.

Stora Enso took part in China Packaging Innovation and Sustainability Forum in Hangzhou in late October; an important meeting for brand owners and packaging and printing companies to share views of the current situation and explore trends in packaging industry.

A highlight of the event was the 2018 Sustainable Packaging Award, which was granted to our paperboard product CKB Nude by Stora Enso.

Chinese consumers are becoming increasingly aware of environmental protection, which drives responsible market players, especially brand owners, to focus on delivering green promises about emission reductions, energy saving etc. as key elements of sustainable development, to convince their customers or consumers throughout the value chain.

Naturally also material providers must be able to show their contribution to sustainable development to better support the brands sustainability attributes.

With its natural appearance, CKB Nude stands out as an ideal solution to help brand owners enhance their brand image, while it is also food-safe and produced without any coating chemicals. Its exceptional stiffness and durability ensure great runnability and shelf presence.

The natural shade of CKB Nude creates an organic appearance, which resonates well with consumers perception of sustainable development.

Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets.

Our aim is to replace fossil based materials by innovating and developing new products and services based on wood and other renewable materials.

(c) 2018 The New Times Publications S.A.R.L All rights reserved Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (€)
Sales 2018 10 469 M
EBIT 2018 1 392 M
Net income 2018 959 M
Debt 2018 1 930 M
Yield 2018 5,12%
P/E ratio 2018 8,66
P/E ratio 2019 8,38
EV / Sales 2018 1,00x
EV / Sales 2019 0,99x
Capitalization 8 506 M
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Number of Analysts 15
Average target price 16,3 €
Spread / Average Target 53%
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Karl-Henrik Sundström President & Chief Executive Officer
Jorma Olavi Eloranta Chairman
Seppo Matti Parvi Chief Financial Officer
Hans Torgny Stråberg Vice Chairman
Hock Goh Independent Director
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