Stora Enso Oyj (OTCPK:SEOAY)
$ 10.41 0.1 (0.97%) Market Cap: 8.13 Bil Enterprise Value: 11.90 Bil PE Ratio: 0 PB Ratio: 0.70 GF Score: 70/100

Q2 2020 Stora Enso Oyj Earnings Call Transcript

Jul 21, 2020 / 11:00AM GMT
Release Date Price: $12.85 (+3.20%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Q2 2020 Stora Enso Earnings Conference Call. (Operator Instructions) And I must also advise you the conference is being recorded.

I would now like to hand to your speaker today, Ulla Paajanen, Head of Investor Relations at Stora Enso.

Please go ahead.

Ulla Paajanen;Sainio
Stora Enso Oyj - Senior VP of IR & Head of IR

Thank you, Summer. Good afternoon, everyone, from sunny Helsinki, and welcome to Stora Enso Q2 2020 Earnings Conference Call. With me today, we have our CEO, Annica Bresky; and our CFO, Seppo Parvi. And we will make a short presentation and followed by a Q&A.

Please, Annica. Go ahead.

Annica Bresky
Stora Enso Oyj - President & CEO

Thank you very much, Ulla, and welcome, everyone. If we move to Slide #3, Ulla, we can see that for the quarter, we delivered a solid profitability and cash flow, driven by a very strong performance within Packaging Materials and Forest divisions. We

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