Lecta Presents a New Collection of Printed Samples from the Creaset Range

Q2/2017 (year-on-year): • Sales of EUR 2 528 (EUR 2 526) million increased marginally despite the divestment of paper mills. • Sales excluding the paper business increased 7.1%. • Operational EBIT decreased from EUR 226 million to EUR 219 million. This was mainly due to the impact of higher maintenance costs of EUR 15 million compared to a year ago. The operational EBIT margin was 8.7% (8.9%). • Balance sheet strengthened further; net debt to operational EBITDA was 2.0 (2.2) despite a dividend payment. • The ramp-up of Beihai Mill continues to proceed ahead of plan, and it is expected to reach operational EBITDA break-even in Q4/2017, one quarter earlier than previously forecast. • Varkaus kraftliner mill is expected to reach full production during the second half of 2017. A positive quarterly operational EBIT was achieved in Q2/2017. • Stora Enso signed today an agreement to divest its holding in the equity accounted investment Bulleh Shah Packaging Ltd. to the main owner Packages Ltd. Q1–Q2/2017 (year-on-year): • Sales of EUR 5 025 million increased 1.1%. Sales excluding the paper business increased 8.3%. • Operational EBIT of EUR 434 million decreased 8.4%, mainly due to increased maintenance costs. Click Read More below for additional details.

Forest Products Association of Canada (FPAC) is disappointed with the U. S. Commerce Department’s announcement of final duties on Canadian softwood lumber. These are unwarranted duties that the U.S. is levying against our industry and it will result in Americans paying more to build and renovate their homes. FPAC will continue to work alongside the federal government, provincial governments and our provincial forest products association partners to ensure that Canada’s forest products sector remains competitive and innovative in the face of these protectionist measures. "We appreciate that the federal government has pledged its continued support to defend our sector and our workers against these tariffs which are completely without merit,” said Derek Nighbor, CEO of Forest Products Association of Canada.

Resolute Forest Products Inc. announced a $52.3 million strategic investment plan for its Saint-Félicien pulp mill, located in the Lac-Saint-Jean region of Quebec. The announcement was made at a press conference attended by Quebec Premier Philippe Couillard, and many dignitaries and company employees. "The significant investments at Saint-Félicien are expected to improve several areas of the operation, increasing the average daily production capacity by 76 metric tons and reducing greenhouse gas emissions from the use of fossil fuels by 20%," said Yves Laflamme, president and chief executive officer. Click Read More below for additional information.