The first quarter of 2026 – first reporting period under Stora Enso’s new business structure – developed "largely as expected" with the company delivering stable performance despite continued difficult market conditions.
Group sales remained largely unchanged year-on-year at €2,358m, supported by higher deliveries across most business areas, except Biomaterials. Adjusted Ebitda fell four per cent to €309m, while adjusted Ebit declined nine per cent to €159m. Lower costs for wood, chemicals and transportation reduced variable costs by €81m, while fixed costs fell by €2m thanks to ongoing cost discipline. Currency movements had a negative impact of €58m.
Operating profit dropped by more than half to €85m compared with the same quarter last year. Fair valuation effects and other non-operational items reduced operating profit by €18m, while items affecting comparability had a negative impact of €56m, Stora Enso says. Net result for the period came in at €35m, down 67 per cent from the same quarter last year.
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