STORA ENSO OYJ INVESTOR NEWS 19 March 2025 at 9:00 EET

HELSINKI, March 19, 2025 /PRNewswire/ -- Stora Enso's new consumer packaging board line at the Oulu site in Finland has started production ramp-up. The first customer deliveries are expected in the second quarter of 2025.

In 2022, Stora Enso decided to convert the remaining idle paper machine at the Oulu site into a highly flexible consumer packaging board line for folding box board (FBB) and coated unbleached kraft (CUK), with an annual capacity of 750,000 tonnes. The project is being completed according to the original timeline and budget of approximately EUR 1 billion. The new packaging board line is expected to reach EBITDA breakeven by the year-end 2025 and full capacity during 2027, at which point annual sales are anticipated to be approximately EUR 800 million.

STORA ENSO OYJ STOCK EXCHANGE RELEASE 13 February 2025 at 9:30 EET

HELSINKI, Feb. 13, 2025 /PRNewswire/ -- Stora Enso's Annual Report and Remuneration Report 2024 are published today at storaenso.com/annualreport. The Annual Report includes a strategic report, corporate governance, sustainability statement, and financial statements.

Stora Enso publishes its annual financial statements in accordance with the European Single Electronic Format (ESEF) reporting requirements. The format of the report is Extensible Hypertext Markup Language (xHTML). In line with the ESEF requirements, the primary financial statements have been labelled with XBRL tags. The audit firm PricewaterhouseCoopers Oy has provided an independent auditor's reasonable assurance report on Stora Enso's ESEF Financial Statements in Finnish in accordance with ISAE 3000 (Revised). The ESEF files are attached to this release and can be downloaded at storaenso.com/annualreport.

STORA ENSO OYJ STOCK EXCHANGE RELEASE 13 February 2025 at 9:30 EET

HELSINKI, Feb. 13, 2025 /PRNewswire/ -- Stora Enso's Annual Report and Remuneration Report 2024 are published today at storaenso.com/annualreport. The Annual Report includes a strategic report, corporate governance, sustainability statement, and financial statements.

Stora Enso publishes its annual financial statements in accordance with the European Single Electronic Format (ESEF) reporting requirements. The format of the report is Extensible Hypertext Markup Language (xHTML). In line with the ESEF requirements, the primary financial statements have been labelled with XBRL tags. The audit firm PricewaterhouseCoopers Oy has provided an independent auditor's reasonable assurance report on Stora Enso's ESEF Financial Statements in Finnish in accordance with ISAE 3000 (Revised). The ESEF files are attached to this release and can be downloaded at storaenso.com/annualreport.

STORA ENSO OYJ FINANCIAL STATEMENT RELEASE 11 February 2025 at 8:30 EET

HELSINKI, Feb. 11, 2025 /PRNewswire/ --

Q4/2024 (year-on-year)

Sales increased by 7% to EUR 2,322 (2,174) million.Adjusted EBIT increased to EUR 121 (51) million.Adjusted EBIT margin increased to 5.2% (2.3%).Operating result (IFRS) was EUR -279 (-326) million, including items affecting comparability of EUR -768 million related mainly to impairments booked as part of the annual impairment review, and fair valuations and other non-operational items of EUR 368 million mostly from increase in the fair value of the standing growing trees (biological assets).Earnings per share (EPS) were EUR -0.43 (-0.36) and EPS excl. fair valuations (FV) was EUR -0.81 (-0.64).The fair value of the forest assets increased to EUR 8.9 (8.7) billion, equivalent to EUR 11.28 per share.Cash flow from operations amounted to EUR 325 (323) million. Cash flow after investing activities was EUR 88 (-9) million.Net debt increased by EUR 540 million to EUR 3,707 (3,167) million, mainly due to the board investment at the Oulu site.The net debt to adjusted EBITDA (LTM) ratio improved to 3.0 (3.2). The target to keep the ratio below 2.0 remains.

STORA ENSO OYJ FINANCIAL STATEMENT RELEASE 11 February 2025 at 9:00 EET

HELSINKI, Feb. 11, 2025 /PRNewswire/ -- Correction: Stora Enso's webcast will start at 11:00 EET. The time was wrong in the original release. The correct time is shown at the end of this release.

Q4/2024 (year-on-year)

Sales increased by 7% to EUR 2,322 (2,174) million.Adjusted EBIT increased to EUR 121 (51) million.Adjusted EBIT margin increased to 5.2% (2.3%).Operating result (IFRS) was EUR -279 (-326) million, including items affecting comparability of EUR -768 million related mainly to impairments booked as part of the annual impairment review, and fair valuations and other non-operational items of EUR 368 million mostly from increase in the fair value of the standing growing trees (biological assets).Earnings per share (EPS) were EUR -0.43 (-0.36) and EPS excl. fair valuations (FV) was EUR -0.81 (-0.64).The fair value of the forest assets increased to EUR 8.9 (8.7) billion, equivalent to EUR 11.28 per share.Cash flow from operations amounted to EUR 325 (323) million. Cash flow after investing activities was EUR 88 (-9) million.Net debt increased by EUR 540 million to EUR 3,707 (3,167) million, mainly due to the board investment at the Oulu site.The net debt to adjusted EBITDA (LTM) ratio improved to 3.0 (3.2). The target to keep the ratio below 2.0 remains.

STORA ENSO OYJ FINANCIAL STATEMENT RELEASE 11 February 2025 at 9:00 EET

HELSINKI, Feb. 11, 2025 /PRNewswire/ -- Correction: Stora Enso's webcast will start at 11:00 EET. The time was wrong in the original release. The correct time is shown at the end of this release.

Q4/2024 (year-on-year)

Sales increased by 7% to EUR 2,322 (2,174) million.Adjusted EBIT increased to EUR 121 (51) million.Adjusted EBIT margin increased to 5.2% (2.3%).Operating result (IFRS) was EUR -279 (-326) million, including items affecting comparability of EUR -768 million related mainly to impairments booked as part of the annual impairment review, and fair valuations and other non-operational items of EUR 368 million mostly from increase in the fair value of the standing growing trees (biological assets).Earnings per share (EPS) were EUR -0.43 (-0.36) and EPS excl. fair valuations (FV) was EUR -0.81 (-0.64).The fair value of the forest assets increased to EUR 8.9 (8.7) billion, equivalent to EUR 11.28 per share.Cash flow from operations amounted to EUR 325 (323) million. Cash flow after investing activities was EUR 88 (-9) million.Net debt increased by EUR 540 million to EUR 3,707 (3,167) million, mainly due to the board investment at the Oulu site.The net debt to adjusted EBITDA (LTM) ratio improved to 3.0 (3.2). The target to keep the ratio below 2.0 remains.

STORA ENSO OYJ FINANCIAL STATEMENT RELEASE 11 February 2025 at 8:30 EET

HELSINKI, Feb. 11, 2025 /PRNewswire/ --

Q4/2024 (year-on-year)

Sales increased by 7% to EUR 2,322 (2,174) million.Adjusted EBIT increased to EUR 121 (51) million.Adjusted EBIT margin increased to 5.2% (2.3%).Operating result (IFRS) was EUR -279 (-326) million, including items affecting comparability of EUR -768 million related mainly to impairments booked as part of the annual impairment review, and fair valuations and other non-operational items of EUR 368 million mostly from increase in the fair value of the standing growing trees (biological assets).Earnings per share (EPS) were EUR -0.43 (-0.36) and EPS excl. fair valuations (FV) was EUR -0.81 (-0.64).The fair value of the forest assets increased to EUR 8.9 (8.7) billion, equivalent to EUR 11.28 per share.Cash flow from operations amounted to EUR 325 (323) million. Cash flow after investing activities was EUR 88 (-9) million.Net debt increased by EUR 540 million to EUR 3,707 (3,167) million, mainly due to the board investment at the Oulu site.The net debt to adjusted EBITDA (LTM) ratio improved to 3.0 (3.2). The target to keep the ratio below 2.0 remains.

STORA ENSO OYJ STOCK EXCHANGE RELEASE 11 February 2025 at 8:30 a.m. EET

The Board of Directors of Stora Enso Oyj has decided to convene the Annual General Meeting to be held on Thursday 20 March 2025.

HELSINKI, Feb. 11, 2025 /PRNewswire/ -- Notice is given to the shareholders of Stora Enso Oyj ("Stora Enso" or the "Company") to the Annual General Meeting (the "AGM") to be held on Thursday 20 March 2025 at 4:00 p.m. Finnish time at Marina Congress Center, Katajanokanlaituri 6, FI-00160, Helsinki, Finland. The reception of persons who have registered for the meeting and the distribution of voting tickets will commence at 2:00 p.m. Finnish time at the meeting venue.  

STORA ENSO OYJ STOCK EXCHANGE RELEASE 11 February 2025 at 8:30 a.m. EET

The Board of Directors of Stora Enso Oyj has decided to convene the Annual General Meeting to be held on Thursday 20 March 2025.

HELSINKI, Feb. 11, 2025 /PRNewswire/ -- Notice is given to the shareholders of Stora Enso Oyj ("Stora Enso" or the "Company") to the Annual General Meeting (the "AGM") to be held on Thursday 20 March 2025 at 4:00 p.m. Finnish time at Marina Congress Center, Katajanokanlaituri 6, FI-00160, Helsinki, Finland. The reception of persons who have registered for the meeting and the distribution of voting tickets will commence at 2:00 p.m. Finnish time at the meeting venue.  

STORA ENSO OYJ INVESTOR NEWS 28 January 2025 at 9:00 EET

HELSINKI, Jan. 28, 2025 /PRNewswire/ -- Stora Enso will publish its fourth quarter and full year 2024 Interim Report on Tuesday 11 February 2025 at approximately 8:30 am EET (7:30 CET).

Analysts, investors, and media are invited to participate in the webcast with a teleconference on the same day at 11:00 am EET (10:00 CET, 9:00 GMT, 4:00 EST). 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-financial-statement-for-full-year-2024.open-exchange.net/ The webcast link will also be available on Stora Enso's website: storaenso.com/investors.

STORA ENSO OYJ STOCK EXCHANGE RELEASE 15 January 2025 at 10:30 EET

HELSINKI, Jan. 15, 2025 /PRNewswire/ -- During the 1 December – 31 December 2024 conversion period there were two conversions and a total of 450 A shares were converted into R shares. The shares were recorded in the Finnish trade register today, 15 January 2025, and trading in the new R shares will start on 16 January 2025.

Breakdown of shares after conversion:

A shares     175,663,629R shares     612,956,358Total           788,619,987

STORA ENSO OYJ STOCK EXCHANGE RELEASE 27 December 2024 at 16:00 EET

HELSINKI, Dec. 27, 2024 /PRNewswire/ -- Stora Enso Oyj received a notification pursuant to chapter 9, section 5 of the Securities Market Act from BlackRock, Inc on 27 December 2024.

On 26 December 2024, BlackRock's holding in Stora Enso's shares decreased below the 5 percent threshold.

% of shares and voting rights (total of 7.A)

% of shares and voting rights through financial instruments (total of 7.B)

Total of both in % (7.A + 7.B)

Resulting situation on the date on which threshold was crossed or reached

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

Position of previous notification (if applicable)

4.76% shares

Below 5% voting rights

0.27% shares

Below 5% voting rights

5.04% shares

Below 5% voting rights

STORA ENSO OYJ STOCK EXCHANGE RELEASE 27 December 2024 at 09:00 EET

HELSINKI, Dec. 27, 2024 /PRNewswire/ -- Stora Enso Oyj received a notification pursuant to chapter 9, section 5 of the Securities Market Act from BlackRock, Inc on 27 December 2024.

On 25 December 2024, BlackRock's holding in Stora Enso's shares decreased below the 5 percent threshold.

% of shares and voting rights (total of 7.A)

% of shares and voting rights through financial instruments (total of 7.B)

Total of both in % (7.A + 7.B)

Resulting situation on the date on which threshold was crossed or reached

4.76% shares

Below 5% voting rights

0.27% shares

Below 5% voting rights

5.04% shares

Below 5% voting rights

Position of previous notification (if applicable)

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

STORA ENSO OYJ STOCK EXCHANGE RELEASE 26 December 2024 at 11:00 EET

HELSINKI, Dec. 26, 2024 /PRNewswire/ -- Stora Enso Oyj received a notification pursuant to chapter 9, section 5 of the Securities Market Act from BlackRock, Inc on 26 December 2024.

On 24 December 2024, BlackRock's holding in Stora Enso's shares decreased below the 5 percent threshold.

% of shares and voting rights (total of 7.A)                                  

% of shares and voting rights through financial instruments (total of 7.B)                                   

Total of both in % (7.A + 7.B)                                              

Resulting situation on the date on which threshold was crossed or reached

Below 5% shares

Below 5% voting rights

Below 5% shares  

Below 5% voting rights                                   

Below 5% shares   

Below 5% voting rights

Position of previous notification (if applicable)                                 

4.92% shares                                   

Below 5% voting rights

0.14% shares                                   

Below 5% voting rights                                  

5.06% shares

Below 5% voting rights

STORA ENSO OYJ INVESTOR NEWS 18 December 2024 at 9:00 EET

HELSINKI, Dec. 18, 2024 /PRNewswire/ -- Stora Enso will record non-cash impairments of approximately EUR 724 million in its IFRS operating result in the fourth quarter of 2024. The impairments will be reported as an item affecting comparability (IAC). Including the estimated positive tax effect of EUR 56 million, the net result impact will be approximately EUR 668 million negative.

The impairment charges are allocated between the segments as follows:

STORA ENSO OYJ STOCK EXCHANGE RELEASE 12 December 2024 at 13:00 EET

HELSINKI, Dec. 12, 2024 /PRNewswire/ -- The Shareholders' Nomination Board, established by Stora Enso's Annual General Meeting (AGM), will propose to the AGM to be held on 20 March 2025 that the Company's Board of Directors shall have nine (9) members.

The Shareholders' Nomination Board proposes that of the current members of the Board of Directors, Håkan Buskhe, Helena Hedblom, Astrid Hermann, Kari Jordan, Christiane Kuehne, Richard Nilsson and Reima Rytsölä be re-elected members of the Board of Directors until the end of the following AGM and that Elena Scaltritti and Antti Vasara be elected new members of the Board of Directors for the same term of office.

STORA ENSO OYJ STOCK EXCHANGE RELEASE 12 December 2024 at 13:00 EET

HELSINKI, Dec. 12, 2024 /PRNewswire/ -- The Shareholders' Nomination Board, established by Stora Enso's Annual General Meeting (AGM), will propose to the AGM to be held on 20 March 2025 that the Company's Board of Directors shall have nine (9) members.

The Shareholders' Nomination Board proposes that of the current members of the Board of Directors, Håkan Buskhe, Helena Hedblom, Astrid Hermann, Kari Jordan, Christiane Kuehne, Richard Nilsson and Reima Rytsölä be re-elected members of the Board of Directors until the end of the following AGM and that Elena Scaltritti and Antti Vasara be elected new members of the Board of Directors for the same term of office.

STORA ENSO OYJ STOCK EXCHANGE RELEASE 12 December 2024 at 9:00 EET

HELSINKI, Dec. 12, 2024 /PRNewswire/ -- The Board of Directors of Stora Enso Oyj has resolved to establish two new share-based incentive plans for the key employees of the Group and its subsidiaries. Stora Enso's goal is to offer remuneration that motivates, encourages, attracts, and retains top-tier employees. The Group carefully aligns remuneration elements with its strategy and long-term financial interests.

The purpose of the plans is to align the key employees' interests with those of the shareholders to increase the Company's value in the long term, as well as to retain the key employees and offer them competitive share-based incentive schemes. The total combined target group for both plans consist of approximately 300 employees and the maximum plan opportunity is EUR 20 million at the time of grant. The potential rewards will be delivered as Stora Enso R shares and cash. The cash proportion is intended to cover taxes and statutory social security contributions arising from the reward to the recipient.

STORA ENSO OYJ STOCK EXCHANGE RELEASE 12 December 2024 at 9:00 EET

HELSINKI, Dec. 12, 2024 /PRNewswire/ -- The Board of Directors of Stora Enso Oyj has resolved to establish two new share-based incentive plans for the key employees of the Group and its subsidiaries. Stora Enso's goal is to offer remuneration that motivates, encourages, attracts, and retains top-tier employees. The Group carefully aligns remuneration elements with its strategy and long-term financial interests.

The purpose of the plans is to align the key employees' interests with those of the shareholders to increase the Company's value in the long term, as well as to retain the key employees and offer them competitive share-based incentive schemes. The total combined target group for both plans consist of approximately 300 employees and the maximum plan opportunity is EUR 20 million at the time of grant. The potential rewards will be delivered as Stora Enso R shares and cash. The cash proportion is intended to cover taxes and statutory social security contributions arising from the reward to the recipient.

STORA ENSO OYJ INSIDE INFORMATION 11 December 2024 at 12:30 EET

HELSINKI, Dec. 11, 2024 /PRNewswire/ -- Stora Enso's Annual General Meeting on 20 March 2024 resolved that the Board of Directors is authorised to decide on the payment of an additional dividend for the year 2023 up to a maximum of EUR 0.20 per share. The Board of Directors has decided today, 11 December, to distribute an additional dividend of EUR 0.10 per share with the authorisations granted by the Annual General Meeting.

The dividend will be paid to a shareholder who, on the record date for the dividend payment, 13 December 2024, is registered in the company's shareholders' register maintained by Euroclear Finland Oy or in the separate register of shareholders maintained by Euroclear Sweden AB. The dividend will be paid on 20 December 2024.