Global Paper Money

PM40 (relevance: 11.1%, date: Aug 4, 2026)
The PM40 closed Friday, 31 July 2026, at 5483.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

Stora Enso Half-year Report 2026: Optimising our portfolio and driving results through our own actions (relevance: 11.1%, date: Aug 4, 2026)
Sales remained stable at EUR 2,423 (2,426) million, as the positive impact from structural changes was offset by lower prices and adverse currency movements.

Valmet initiates a strategic review to evaluate a potential separation of its two segments (relevance: 11.1%, date: Aug 4, 2026)
The Board of Directors of Valmet Oyj has decided to initiate a strategic review to evaluate a potential separation of its two core businesses, Biomaterial Solutions and Services, and Process Performance Solutions, into two standalone publicly listed companies. The review will focus on assessing whether a separation of the two businesses and their operation as separately listed companies on Nasdaq Helsinki would create additional value for shareholders compared with the current combined structure.

Sonoco beats Q2 earnings, revenue estimates on cost controls (relevance: 11.1%, date: Aug 4, 2026)
Second quarter 2026 net sales of $1.9 billion were down (1.3)% compared to the corresponding prior-year quarter, driven primarily by the November 3, 2025 divestiture of the ThermoSafe business.

UPM Half Year Financial Report 2026: Improved second quarter results in all businesses and portfolio change progressing (relevance: 11.1%, date: Aug 4, 2026)
The Board approved a plan to demerge the Plywood business into a new listed company.

Greif Reports Fiscal Third Quarter 2026 Results (relevance: 11.1%, date: Aug 4, 2026)
Net income increased 156.7% to $78.8 million or $1.37 per diluted Class A share compared to net income of $30.7 million or $0.53 per diluted Class A share.

Smurfit Westrock reports Q2 sales rise amid cost pressures (relevance: 11.1%, date: Aug 4, 2026)
Net Income of $88 million, with a Net Income Margin of 1.1%

Clearwater Paper Completes $22 Million Lewiston Mill Outage, Reports Quarterly Loss (relevance: 11.1%, date: Aug 4, 2026)
Net loss of $21 million, or $1.33 per diluted share versus net income of $3 million, or $0.17 per diluted share in the second quarter of 2025

West Fraser Timber expects stable lumber demand, softer OSB markets in 2026 (relevance: 11.1%, date: Aug 4, 2026)
West Fraser expects housing affordability challenges, mortgage rates, inflation, tariffs and consumer confidence to continue influencing demand for wood building products in 2026 while maintaining its shipment outlook. The company reported improved market conditions across most business segments during the second quarter, with stronger European markets and continued operational improvements in North America.