Stora Enso benefits from fast economic recovery, concludes profit protection programme earlier

As part of its ongoing restructuring, Stora Enso has reorganised its business areas as of 1 January and restates the earnings figures of its business areas accordingly. As of 1 January, Stora Enso’s reporting segments consist of Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest Division and...

Finnish group Stora Enso reports its highest annual sales since 2007 and best full-year operating profits since 2000 for the 2022 fiscal year. Significantly higher selling prices in all business areas reportedly fuelled operating profits, which more than compensated variable costs of €1.2bn and overheads of €184m, the...

In spite of ever inflationary cost pressure, Stora Enso succeeded in generating good results in the third quarter of this year. Compared to the corresponding 2021 period, the group’s sales revenues increased by 15 per cent to €2.96bn, the highest Q3 sales revenues since 2007. The operating profit also improved...