Stora Enso Oyj (OSTO:STE R)
kr 113 -0.4 (-0.35%) Market Cap: 89.11 Bil Enterprise Value: 131.43 Bil PE Ratio: 0 PB Ratio: 0.72 GF Score: 76/100
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Q2 2024 Stora Enso Oyj Earnings Call Transcript

Jul 24, 2024 / 08:00AM GMT
Release Date Price: kr138.4 (-6.55%)
Hans Sohlstom
Stora Enso Oyj - President, Chief Executive Officer, Member of the Group Leadership Team

Thank you for joining us today. I'm Hans Sohlström, the President and CEO of Stora Enso. I'm here with our CFO, Seppo Parvi, to walk you through our performance and provide insights into our future outlook. We will also address any questions you might have towards the end.

Let's begin by directing our attention to this striking image. This is an image from the interior of our new head office soon to be prominent landmark in the main harbor of Helsinki. We have just started to move in.

This building not only represents our commitment to sustainable development but also stands as a testament to the innovative use of wood in modern architecture. For every tonne of wood utilized in constructions like this, we are able to sequester 1 tonne of carbon while simultaneously avoiding the emissions of at least another tonne of CO2 compared to traditional construction materials.

Today's presentation is headline, continued profit improvement with strengthened leverage ratio. I will

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