Stora Enso responds to article in Finnish newspaper
STORA ENSO OYJ Stock Exchange Release 31 August 2006 at 18.15
Stora Enso responds to article in Finnish newspaper
An article was published today in the Finnish business newspaper
Kauppalehti, in which Stora Ensos Region Manager North America
was interviewed about the Groups operations in North America.
Stora Enso merged its North American division into its global
product divisions with effect from 1 September 2005, so the
Group has ceased reporting its North American results
separately. Comments or estimates about separate North American
results are therefore inapplicable.
As announced in the Interim Review for JanuaryJune 2006, the
financial results for Stora Enso Publication Paper are affected
by the standstill at Port Hawkesbury Mill in Canada since
December 2005.
The financial targets of the Groups ongoing Profit 2007 profit
improvement programme in Europe and North America already take
into account the profit improvement measures of the global
product divisions.
For further information, please contact:
Hannu Ryöppönen, CFO, tel. +44 20 7016 3114
Kari Vainio, EVP, Corporate Communications, tel. +44 7799
348 197
Keith B Russell, SVP, Investor Relations, tel. +44 7775 788 659
www.storaenso.com
www.storaenso.com/investors
STORA ENSO OYJ
p.p. Leena Bergqvist Minna Taukojärvi