Tag Archives: Iran conflict

Stora Enso Continues Strategic Transformation While Managing Rising Geopolitical and Operational Pressures

(IN BRIEF) Stora Enso reported stable first-quarter 2026 sales of EUR 2.358 billion while adjusted EBIT declined 9 percent to EUR 159 million amid continued market weakness, foreign exchange impacts and operational ramp-up costs at its Oulu production site in … Read the full press release

NORDEN upgrades 2026 profit outlook following strong tanker market performance and increased vessel sale gains

(IN BRIEF) NORDEN has raised its 2026 full-year net profit guidance to USD 70–140 million, supported by strong tanker market performance and increased gains from vessel sales. In Q1 2026, the company reported a net profit of USD 11 million, … Read the full press release