STORA ENSO OYJ STOCK EXCHANGE RELEASE 24 November 2025 at 16:00 EET
Stora Enso will implement a new financial reporting structure effective 1
January 2026, aligning with the Group's enhanced focus on renewable materials
and packaging. In addition, the Group is introducing new financial targets along
with a clear roadmap to achieve them. More insights will be shared at Stora
Enso's Capital Markets Day tomorrow, 25 November.
Reporting structure
Following the recent decision to separate Stora Enso's Swedish forest assets
into a listed public company and to initiate a strategic review of the Central
European sawmilling and building solutions business, Stora Enso will further
strengthen its leadership in renewable materials and packaging. The Group will
maintain strong market positions, supported by more flexible, integrated, and
cost-competitive production. In line with this more focused strategy, Stora Enso
is introducing a new financial reporting structure.
Current New reporting structure as of 1 January 2026
reporting
structure
· Packaging · Consumer Packaging (comprising the Cartonboard and the
Materials Foodservice and Liquid Board business areas)
· Packaging · Integrated Packaging (comprising the Containerboard and the
Solutions Packaging Solutions business areas)
· · Biomaterials
Biomaterials · Other (including the Wood and Energy business area)
· Wood
Products
· Forest
· Other
The wood products sites in Northern Europe, that are not included in the
strategic review announced on 14 November, are integrated into the packaging and
biomaterials segments to align with business unit P&L responsibilities.
The Swedish forest assets and the Central European sawmilling and building
solutions operations (currently under strategic review) will be reported under
the segment Other.
Stora Enso will publish restated comparative figures for the new structure
during the first quarter of 2026.
Financial targets
Stora Enso's new financial targets are listed below. The Group will present a
roadmap to achieve these targets in the CMD.
Target over the business cycle
Adjusted EBIT margin >10%
Revenue growth >4%
Payout ratio >50%
Net debt to adjusted EBITDA ratio* <1x
* Temporarily the flexibility to increase up to 2x for strategic investments
Capital Markets Day webcast
Stora Enso will host a Capital Markets Day tomorrow, 25 November 2025. We invite
you to join the event via live webcast, beginning at 9:00 UK time (10:00 CET,
11:00 EET). The webcast will conclude at approximately 12:30 pm UK time. For
registration and further information, please visit: CMD webcast (https://stora
-enso-capital-markets-day-2025.open-exchange.net/welcome)
During the event, Stora Enso will share insights into its strategic direction,
with a strong focus on renewable materials and packaging, and present the
roadmap for achieving its financial targets. The programme will also include a
presentation of the conclusions from the strategic review of the Swedish forest
assets, and an introduction of the new forest company, as well as a business
overview of Stora Enso's key strategic focus areas.
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. Stora
Enso has approximately 19,000 employees and our sales in 2024 were EUR 9
billion. Stora Enso 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 on OTC Markets (OTCQX) as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF).
storaenso.com/investors (http://www.storaenso.com/investors/)
STORA ENSO OYJ
For further information, please contact:
Jutta Mikkola
SVP Investor Relations
tel. +358 50 544 6061