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Published in issue 27/2022
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British DS Smith group reports strong growth in sales, operating and net result in the financial year 2021/22 ending on 30 April. A record growth in packaging deliveries, together with price increases, have offset significant cost...
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Published in issue 25/2022
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Belgium’s VPK Group reports its 2021 sales rose by 28 per cent over the previous year to reach €1.75bn. Owing to cost pressure Ebitda grew at a more modest pace of 7 per cent, coming in at €212m. Net operating profit of €88m was...
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Published in issue 24/2022
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Due to a good order situation and higher selling prices, CPH Group expects Ebit of around CHF50m for the first half of 2022 and has therefore raised its profit forecast for 2022. The company reports that it has passed on higher...
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Published in issue 24/2022
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The markets in which Stora Enso is active are apparently livelier than expected. Due to sustained strong demand and a good performance so far, Stora Enso has raised its guidance for the current year. The company now expects  its...
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Published in issue 21/2022
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Printing and writing paper manufacturer Sylvamo, a spin-off of International Paper, has confirmed its intention to part with operations in Russia. The company is reportedly in talks with potential buyers for the paper and board...
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Published in issue 20/2022
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Paper producer Lecta ended 2021 in the red even though the market conditions for specialty papers and especially for fine papers improved considerably compared to 2020. Nevertheless, the company said it was satisfied with the...
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Published in issue 20/2022
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Rising raw material prices in the first half of the year and soaring energy costs, especially for natural gas, in the second half of the year left their fingerprints on the Italian market in 2021, according to the Italian paper...
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Published in issue 20/2022
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“We have succeeded well in offsetting the rising costs of raw materials, energy, and logistics with paper price increases,” said Michał Jarczyński, CEO of Arctic Paper, at the presentation of the company’s financial results for...
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Published in issue 20/2022
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“Tight global paper markets were the principal factor behind the quarter’s success and enabled the implementation of higher selling prices which offset extraordinary cost inflation,” Sappi’s CEO Steve Binnie said commenting on the...
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Published in issue 19/2022
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After examining all options for several weeks, paper and packaging manufacturer Mondi has decided to sell its assets in Russia. In a statement on 4 May, Mondi said: “The divestment process for these significant assets is...
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