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.The information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.
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