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STORA ENSO OYJ INSIDE INFORMATION 18 June 2025 at 19:00 EEST
HELSINKI, Finland, June 18, 2025 /PRNewswire/ -- As part of its stronger focus on renewable packaging, Stora Enso is initiating a strategic review of its Swedish forest assets. The review includes assessing a potential separation and public listing of the forest assets through a partial demerger. The initiative aims to further increase business focus, streamline operations, and fully unlock the value of both the forest assets and Stora Enso's core packaging business.
STORA ENSO OYJ INSIDE INFORMATION 18 June 2025 at 19:00 EEST
HELSINKI, Finland, June 18, 2025 /PRNewswire/ -- As part of its stronger focus on renewable packaging, Stora Enso is initiating a strategic review of its Swedish forest assets. The review includes assessing a potential separation and public listing of the forest assets through a partial demerger. The initiative aims to further increase business focus, streamline operations, and fully unlock the value of both the forest assets and Stora Enso's core packaging business.
STORA ENSO OYJ INVESTOR NEWS 22 May 2025 at 10:00 EEST
HELSINKI, May 22, 2025 /PRNewswire/ -- Stora Enso announces the appointment of Jutta Mikkola as new Senior Vice President and head of Investor Relations. Jutta will start her new role on 22 May and report to Niclas Rosenlew, Chief Financial Officer at Stora Enso.
Jutta has been with Stora Enso for eight years in several business and finance leadership roles, and most recently worked as Vice President in the Investor Relations team. Before joining Stora Enso, she worked at KPMG as Certified Public Accountant. Jutta holds a Master of Science degree in Accounting and Finance.
STORA ENSO OYJ INSIDE INFORMATION 21 May 2025 at 22:45 EEST
HELSINKI, May 21, 2025 /PRNewswire/ -- Stora Enso has entered into an agreement to divest approximately 175,000 hectares of forest land, equivalent to 12.4% of its total forest land holdings in Sweden for an enterprise value of EUR 900 million, equivalent to SEK 9.8 billion.
Soya Group, will hold a 40.6% share in the newly formed company, and a MEAG led consortium will hold 44.4% of the shares. MEAG is the asset manager of Munich Re, a German insurance company. Stora Enso will retain a 15% ownership in the company.
STORA ENSO OYJ INSIDE INFORMATION 21 May 2025 at 22:45 EEST
HELSINKI, May 21, 2025 /PRNewswire/ -- Stora Enso has entered into an agreement to divest approximately 175,000 hectares of forest land, equivalent to 12.4% of its total forest land holdings in Sweden for an enterprise value of EUR 900 million, equivalent to SEK 9.8 billion.
Soya Group, will hold a 40.6% share in the newly formed company, and a MEAG led consortium will hold 44.4% of the shares. MEAG is the asset manager of Munich Re, a German insurance company. Stora Enso will retain a 15% ownership in the company.
STORA ENSO OYJ INVESTOR NEWS 2 May 2025 at 8:00 EEST
HELSINKI, May 2, 2025 /PRNewswire/ -- Stora Enso has completed the acquisition of the Finnish sawmill company Junnikkala Oy, announced in October 2024. The acquired sawmills will be integrated with Stora Enso's packaging board site in Oulu, Finland, and secure a cost-efficient wood supply to the site, where a new packaging board machine recently started ramping up production.
The total enterprise value for the transaction is up to EUR 137 million, a significant part of it being contingent upon achieving specific production milestones.
STORA ENSO OYJ INTERIM REPORT 25 April 2025 at 8:30 EEST
HELSINKI, April 25, 2025 /PRNewswire/ --
Q1/2025 (year-on-year)
Sales increased by 9% to EUR 2,362 (2,164) million, mainly due to higher prices and deliveries. The average sales growth (LTM YoY) was 4.6% (-23.8%).Adjusted EBIT increased, for the fourth consecutive quarter compared year-on-year, to EUR 175 (149) million. Adjusted EBIT margin increased to 7.4% (6.9%). Higher prices, volumes and positive impacts from net currency exchange rates and depreciations more than offset higher fiber costs.Operating result (IFRS) was EUR 171 (141) million, including items affecting comparability of EUR -11 million, and fair valuations and other non-operational items of EUR 7 million.Earnings per share were EUR 0.14 (0.10) and earnings per share excl. fair valuations (FV) were EUR 0.13 (0.08).The fair value of the forest assets increased to EUR 9.3 (8.6) billion, equivalent to EUR 11.74 per share.Cash flow from operations amounted to EUR 192 (269) million, impacted by higher sales increasing trade receivables, and build-up of inventories partly related to the ramp-up of the new consumer board line at the Oulu site.The net debt to adjusted EBITDA (LTM) ratio improved to 3.2 (4.0).Adjusted ROCE excluding the Forest division (LTM) increased to 3.8% (-0.1%), the target being above 13%.STORA ENSO OYJ INTERIM REPORT 25 April 2025 at 8:30 EEST
HELSINKI, April 25, 2025 /PRNewswire/ --
Q1/2025 (year-on-year)
Sales increased by 9% to EUR 2,362 (2,164) million, mainly due to higher prices and deliveries. The average sales growth (LTM YoY) was 4.6% (-23.8%).Adjusted EBIT increased, for the fourth consecutive quarter compared year-on-year, to EUR 175 (149) million. Adjusted EBIT margin increased to 7.4% (6.9%). Higher prices, volumes and positive impacts from net currency exchange rates and depreciations more than offset higher fiber costs.Operating result (IFRS) was EUR 171 (141) million, including items affecting comparability of EUR -11 million, and fair valuations and other non-operational items of EUR 7 million.Earnings per share were EUR 0.14 (0.10) and earnings per share excl. fair valuations (FV) were EUR 0.13 (0.08).The fair value of the forest assets increased to EUR 9.3 (8.6) billion, equivalent to EUR 11.74 per share.Cash flow from operations amounted to EUR 192 (269) million, impacted by higher sales increasing trade receivables, and build-up of inventories partly related to the ramp-up of the new consumer board line at the Oulu site.The net debt to adjusted EBITDA (LTM) ratio improved to 3.2 (4.0).Adjusted ROCE excluding the Forest division (LTM) increased to 3.8% (-0.1%), the target being above 13%.STORA ENSO OYJ STOCK EXCHANGE RELEASE 25 April 2025 at 8:00 EEST
HELSINKI, April 25, 2025 /PRNewswire/ -- Stora Enso plans to implement a new organisation with seven P&L responsible business areas reflecting the importance of its core business of renewable packaging in the business portfolio. The new flatter and streamlined organisation will increase customer focus, drive operational efficiency with increased integration, reduce complexity and enhance the Group's performance culture.Following the planned change, the Group's renewable packaging business will consist of four P&L responsible business areas accounting for approximately 60% of Stora Enso's full year revenue (2024): Food Service and Liquid Board, Cartonboard, Containerboard, and Packaging Solutions. The offering of these business areas helps customers reduce their environmental impact and benefit from strong sustainability growth trends, leading market positions and a high degree of innovation. Each individual business area offers a wide range of renewable fiber-based packaging materials and solutions, such as cartons, boxes, trays, cups, and bags for various industries such as food and beverage, e-commerce, pharmaceutical, and cosmetics. The Group's remaining businesses accounting for approximately 40% of Stora Enso's full year revenue (2024) continue to be divided into three P&L responsible business areas: Biomaterials, Wood Products and Forest. In addition to their respective businesses, they support Stora Enso's renewable packaging products through wood sourcing and their important supply of raw material. To strengthen operational and supply synergies, sawmills and building solutions sites in the Nordics will operationally belong to their respective geographically closest board or pulp production site. Central European building solutions sites and sawmills will remain in the Wood Products business area. Customers of the Wood Products business area will continue to be served by its global sales and customer service network.The new planned organisation removes one management layer and represents a further decentralisation of P&L responsibility closer to customers and operations. As a consequence of the change, Stora Enso will have seven P&L responsible business areas. Within the business areas, there are a total of 21 P&L responsible business units. The businesses will be served by efficient group-wide functions.Hans Sohlström, President and CEO of Stora Enso, commented: "Our planned new organisation has been carefully structured to maximise customer and business focus, operational efficiency and synergies, ensure the benefits of supply chain integration, and ultimately reflect our performance and results orientated culture."New Group Leadership Team appointments The new business area Food Service and Liquid Board will be led by Markku Luoto, Cartonboard by Andreas Birmoser and Containerboard by Hannu Kasurinen. Markku Luoto joined Stora Enso in 2010 and works currently as a Head of Business Unit Food Service and Liquid Board in the Packaging Materials division. He holds a Master of Science degree in Economics and an Executive MBA. Andreas Birmoser joined Stora Enso for the first time in 2005 and has also worked as CFO and CEO of Stora Enso's joint operation Veracel. He is currently Head of Business Unit Cartonboard in Stora Enso's Packaging Materials division. He holds a bachelor's degree in Business Administration and an Executive MBA. Hannu Kasurinen has been a member of Stora Enso's Group Leadership Team since 2019, and is currently Executive Vice President, Packaging Materials division. Markku Luoto and Andreas Birmoser will join the Group Leadership Team on 1 July 2025 as Executive Vice Presidents.All other business areas will continue under the current leadership: Packaging Solutions is led by Carolyn Wagner, Biomaterials by Johanna Hagelberg, Wood Products by Lars Völkel, and Forest by Tuomas Hallenberg. The new organisational structure would be effective as of 1 July 2025. All changes are subject to co-determination negotiations and other potential legal procedures in all impacted countries.N.B. Stora Enso maintains its current external divisional reporting structure. The forest is at the heart of Stora Enso, and we believe that everything made from fossil-based materials today can be made from a tree tomorrow. We are the leading provider of renewable products in packaging, biomaterials, and wooden construction, and one of the largest private forest owners in the world. In 2024, Stora Enso had approximately 19,000 employees, and the Group sales were EUR 9 billion. Stora Enso's shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in the USA OTC Markets (OTCQX) as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com
STORA ENSO OYJ INVESTOR NEWS 11 April 2025 at 9:00 EEST
HELSINKI, April 11, 2025 /PRNewswire/ -- Stora Enso will publish its first quarter 2025 Interim Report on Friday 25 April 2025 at approximately 8:30 am EEST (7:30 CEST).Analysts, investors, and media are invited to participate in the webcast with a teleconference on the same day at 11:00 am EEST (10:00 CEST, 9:00 BST, 4:00 EDT). The results will be presented by President and CEO Hans Sohlström and CFO Niclas Rosenlew. The presentation can be followed live via the link: https://stora-enso-oyj-q1-earnings-presentation-2025.open-exchange.net/ The webcast link will also be available on Stora Enso's website: storaenso.com/investors.During the webcast presentation, analysts and investors will also have the possibility to ask questions. To participate in the Q&A, please choose the "Webinar" option on the homepage of the webcast.A recording of the presentation will be available https://stora-enso-oyj-q1-earnings-presentation-2025.open-exchange.net/ and on storaenso.com/en/investors/reports-and-presentations.Media representatives who wish to ask questions after the publication of the Interim Report may contact Carl Norell, SVP Corporate Communications at Stora Enso on +46 72 241 0349.Media enquiries:Carl NorellSVP Corporate Communicationstel. +46 72 241 0349Investor enquiries:Anna-Lena ÅströmSVP Investor Relationstel. +46 70 210 7691