Stora Enso Fourth Quarter and Full Year Results 2010
Another solid quarter finishing a strong year, dividend increase to EUR 0.25 proposed
Another solid quarter finishing a strong year, dividend increase to EUR 0.25 proposed
“We at Stora Enso finished 2010 with a positive tone. Product pricing continued to improve and we beat the run-rate improvement target for fixed costs set in our Next Step programme announced in spring 2009. The increase in maintenance costs compared with the third quarter, especially in Consumer Board and Magazine Paper, did burden our earnings in this particular quarter, but it was well within our own plans.
INX International Ink Co. and INX Digital International Co. are preparing to showcase a series of market leading traditional and digital products and solutions at the upcoming Graphics of the Americas (GOA) and FESPA Americas show. Visitors to booth #1323 will learn more about EVOLVE Advanced Digital Solutions and the TRIANGLE and prodigy brands. The February 24-26 event takes place at the Orange County Convention Center in Orlando, Florida.
FOURTH QUARTER NET EARNINGS OF $171 MILLION, OR $0.32 PER SHARE; FULL YEAR NET EARNINGS OF $1.281 BILLION, OR $3.99 PER SHARE; INCLUDES EARNINGS FROM INCOME TAX ADJUSTMENTS; INCREASE IN SHARES OUTSTANDING DUE TO SEPT. 2010 SPECIAL DIVIDEND
International Paper (NYSE: IP) reported preliminary full-year 2010 net earnings attributable to common shareholders totaling $644 million ($1.48 per share) compared with $663 million ($1.55 per share) in full-year 2009. In the fourth quarter of 2010, the company reported net earnings of $316 million ($0.73 per share) compared with a net loss of $101 million ($0.24 per share) in the fourth quarter of 2009. Amounts in all periods include special items.
Fourth Quarter Results
Highlights of 2010