Notable items include: *Record second quarter North American per day box shipments up 5.5% compared to the prior year quarter *Successfully implementing published PPW price increases across all major paper grades *Quarterly dividend of $0.24 per share declared by Board of Directors, an increase of $0.04 per share, or 20%, as separately announced *Net sales of $4.4 billion, flat to the prior year quarter despite $189 million of lost sales due to the impact of the ransomware incident and winter weather (“the Events”) *The lost sales and operational disruption from the Events had a negative impact of $80 million pre-tax, or $0.23 per share, on both earnings per diluted share and Adjusted Earnings Per Diluted Share

Stora Enso is launching its wood-based biocomposites, DuraSense™ by Stora Enso. This is another major step on the group’s journey to replacing fossil-based materials with renewable solutions. DuraSense is available to companies seeking high performance and a sustainable, bio-based alternative to plastics. DuraSense enables the use of renewable fibres, such as wood, to substitute for a large portion of fossil-based plastic. The production of biocomposites began in 2018 at Stora Enso’s Hylte Mill in Sweden, following the EUR 12 million investment announced in 2017. At full production, the mill’s annual production capacity is 15 000 tonnes, which is the largest capacity in Europe dedicated to wood fibre composites. Click Read More below for additional information.

Lecta has extended its range of uncoated paper with Coral Book Natural 1.5, a high bulk paper specially designed for publishers and printers seeking excellence and distinction. Made from natural, renewable raw materials, the new paper is completely recyclable and biodegradable, in line with the industry's growing demands for products that promote sustainability and protect the environment. With a natural shade and exceptional print quality, Coral Book Natural 1.5 is ideal for black-and-white text and images, as well as CMYK projects. Available in 70, 80 and 90 g/m² and in sheet and reel formats, it delivers optimal performance for multiple printing techniques, such as offset, flexography, dry toner, laser, and HP Indigo digital systems. Thanks to its 1.5 bulk value, it offers body and presence without increasing the weight of the end product, which means a competitive advantage for literary products.