Apr 17, 2007. /Lesprom Network/. Stora Enso will record two non-cash, non-recurring items affecting operating profit totalling positive net Euro 32 million in its first quarter 2007 results. The non-recurring items will increase tax expenses by Euro 16.7 million. There will be a positive impact of Euro 0.02 on earnings per share. As previously announced, a new five-year labour agreement was signed in January 2007 with United Steelworkers in Central Wisconsin, USA. Subsequently, the group signed new agreements with other unions in the paper industry in the USA. Therefore, in addition to the earlier announced $40.8 million income, the group is recording $16.9 million of income relating to the new agreements. The total non-recurring income of $57.7 (Euro 44.0) million will correspondingly reduce personnel expenses in the first quarter of 2007. As announced on 7 March 2007, the company will also record a write-down and restructuring provision totalling about Euro 12 million related to closure of Sauga sawmill in Estonia. Net impacts on operating profit by segment are: Publication paper Euro 13.3 million Fine paper Euro 19.2 million Packaging boards Euro 4.3 million Wood products Euro -12.0 million Other Euro 7.2 million Total Euro 32.0 million