Anzeige
Mehr »
Login
Donnerstag, 28.03.2024 Börsentäglich über 12.000 News von 687 internationalen Medien
Spezial am Donnerstag: Rallye II. - Neuer Anstoß, News und was die Börsencommunity jetzt nicht verpassen will…
Anzeige

Indizes

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Aktien

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Xetra-Orderbuch

Fonds

Kurs

%

Devisen

Kurs

%

Rohstoffe

Kurs

%

Themen

Kurs

%

Erweiterte Suche
PR Newswire
125 Leser
Artikel bewerten:
(0)

Stora Enso Strengthens its Strategic Leverage Targets

HELSINKI, Finland, July 20, 2018 /PRNewswire/ --

STORA ENSO OYJ INVESTOR NEWS 20 July 2018 at 9.29 EEST

Stora Enso sets new target levels for Net Debt / Operational EBITDA and Debt/equity Ratio.

Stora Enso's transformation into a renewable materials growth company has been successful. Strong cash flow generation combined with sale of non-core assets has strengthened the balance sheet considerably. The Group also continues to keep its annual capital expenditure at or below the level of depreciation and the operational decrease in the value of biological assets over the business cycle, as announced earlier. Even with the new, more rigorous financial policy, Stora Enso expects to maintain the level of strategic flexibility needed.

To enforce its commitment to the efficient management of capital, the Group has decided to introduce new, stricter targets for Net Debt / Operational EBITDA and Debt/equity Ratio, reducing the target levels from <3.0 to <2.0 and from <0.8 to <0.6 respectively, thus reflecting the Group's strong cash flow generation capabilities and higher profitability levels.

Other strategic targets remain unchanged. The policy will be effective immediately.

Stora Enso's Financial Target











Target

Old Target





Group

ROCE

>13%

>13%






Net debt / operational EBITDA

NEW <2.0x


<3.0x


Dividend

To distribute 50% of net income over the cycle

To distribute 50% of net income over the cycle


Net debt/equity ratio

NEW <0.6

<0.8






Net sales growth excl. Paper

To grow faster than the relevant market

To grow faster than the relevant market






Fixed costs / sales

<20%

<20%





Consumer Board

ROOC

>20%

>20%





Packaging Solutions

ROOC

>20%

>20%





Biomaterials

ROOC

>15%

>15%





Wood Products

ROOC

>20%

>20%





Paper

Cash flow after investing activities / sales

>7%

>7%

ROCE = Operative Return on Capital Employed

ROOC = Operative Return on Operating Capital

Part of the bioeconomy, Stora Enso is a leading global provider of renewable solutions in packaging, biomaterials, wooden constructions and paper. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has some 26 000 employees in over 30 countries. Our sales in 2017 were EUR 10 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY). storaenso.com

STORA ENSO OYJ

For further information, please contact:
Ulrika Lilja
EVP, Communications
tel. +46-72-221-9228

Investor enquiries:


Ulla Paajanen-Sainio
SVP, Investor Relations
tel. +358-40-763-8767

This information was brought to you by Cision http://news.cision.com

http://news.cision.com/stora-enso-oyj/r/stora-enso-strengthens-its-strategic-leverage-targets,c2578865

Großer Dividenden-Report 2024 von Dr. Dennis Riedl
Der kostenlose Dividenden-Report zeigt ganz genau, wo Sie in diesem Jahr zuschlagen können. Das sind die Favoriten von Börsenprofi Dr. Dennis Riedl
Jetzt hier klicken
© 2018 PR Newswire
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.