Stora Enso Corp Stock Price, News & Analysis

Stora Enso (OTC:SEOAY) will prepare a statutory partial cross-border demerger to separate its Swedish forest assets into a new publicly listed company, targeting completion in H1 2027. The New Company would own >1.2 million hectares of Swedish forest with a fair value of ~EUR 5.7 billion (30 Sep 2025) and is intended to list on Nasdaq Stockholm and Nasdaq Helsinki. Stora Enso sold ~175,000 ha earlier in 2025 for an enterprise value of EUR 900 million. Major shareholders holding ~21% of shares and ~55% voting rights support the plan. An 18-year wood supply agreement is intended with ~9% of Stora Enso's Nordic wood supply initially committed.

Stora Enso (OTC: SEOAY) reported Q3 2025 results on 23 October 2025 showing sales EUR 2,283m (+1% YoY) and adjusted EBIT EUR 126m (-28% YoY), with an adjusted EBIT margin of 5.5%. Operating result (IFRS) was EUR 231m including items affecting comparability of EUR 117m. Q1–Q3 2025 sales were EUR 7,072m and adjusted EBIT EUR 427m. Cash flow from operations YTD was EUR 560m and net debt/adjusted EBITDA improved to 2.7.

Key actions: completion of a SEK 9.8bn (≈EUR 900m) divestment of ~175,000 ha Swedish forest (12.4%); ongoing strategic review of remaining Swedish forest assets; ramp-up of a EUR 1bn consumer board line in Oulu with a Q3 ramp cost of EUR 45m and an updated full-year ramp impact of EUR -120–140m.

Stora Enso (OTC:SEOAY) has announced the composition of its Shareholders' Nomination Board, which will continue to operate until further notice. The board includes four key members: Kari Jordan (Chair of Stora Enso's Board), Håkan Buskhe (Vice Chair), Jouko Karvinen (representing Solidium Oy), and Marcus Wallenberg (representing FAM AB), with Wallenberg elected as the Nomination Board's Chair.

The Nomination Board, representing Stora Enso's two largest shareholders as of August 31, 2025 - Solidium Oy and FAM AB - is responsible for preparing proposals for the Annual General Meeting regarding Board member election, remuneration, and appointments of the Chair and Vice Chair positions.

Stora Enso (OTC:SEOAY) reported Q2 2025 results showing mixed performance amid challenging market conditions. Sales increased 5.4% to EUR 2,426 million, while adjusted EBIT decreased 17.8% to EUR 126 million. The company's adjusted EBIT margin declined to 5.2% from 6.7% year-over-year.

Key developments include an agreement to divest 175,000 hectares of Swedish forest land for EUR 900 million, representing 12.4% of holdings, while retaining 15% ownership. The company also initiated a strategic review of remaining Swedish forest assets, considering potential separation and public listing.

The ongoing ramp-up of the new consumer board line at Oulu had a negative EUR 50 million impact on Q2 results. Management expects continued market volatility and subdued demand through 2025, with full-year impact from the Oulu ramp-up estimated around or above EUR 100 million.

Stora Enso (SEOAY) has initiated a strategic review of its Swedish forest assets, considering a potential separation and public listing through a partial demerger. The company recently sold 175,000 hectares of Swedish forestland for EUR 900 million and still owns over 1.2 million hectares valued at EUR 5.8 billion. The strategic move aims to create two independent entities: one focused on renewable packaging and another emerging as Europe's largest listed pure forest company. The review aligns with Stora Enso's strategy to enhance business focus, reduce complexity, and maximize shareholder value. The company plans to provide an update on the strategic review by the end of 2025.

Stora Enso (SEOAY) has agreed to sell 12.4% of its Swedish forest holdings, approximately 175,000 hectares, for an enterprise value of EUR 900 million. The newly formed company will be owned by Soya Group (40.6%), a MEAG-led consortium (44.4%), and Stora Enso (15%). The transaction includes a 15-year wood supply agreement with a possible 15-year extension, ensuring continued wood availability for Stora Enso's Swedish operations.

The divestment is expected to reduce Stora Enso's net debt by EUR 790 million, though it will decrease the Group's adjusted EBITDA by approximately EUR 25 million annually. The deal, announced in October 2024, is expected to close in Q3 2025, subject to regulatory approvals.

[ "Transaction will reduce net debt by EUR 790 million, strengthening financial stability", "15-year wood supply agreement (with possible 15-year extension) secures continued wood availability", "Enterprise value of EUR 900 million aligns with accounting fair value", "Company retains 15% ownership stake in the new entity" ]

Stora Enso reported strong Q1/2025 performance with sales increasing 9% to EUR 2,362 million and adjusted EBIT rising 17.7% to EUR 175 million. The company achieved an improved EBIT margin of 7.4%, marking the fourth consecutive quarter of year-on-year growth.

Key developments include the start of production at the new consumer packaging board line in Oulu, Finland, and regulatory approval for the Junnikkala Oy acquisition. The company announced plans to implement a new organizational structure from July 2025, expanding from five to seven business areas with focus on renewable packaging.

Financial highlights include earnings per share of EUR 0.14, forest assets value increase to EUR 9.3 billion, and improved net debt to adjusted EBITDA ratio of 3.2. The company declared a dividend of EUR 0.25 per share for 2024, while noting market challenges due to macroeconomic uncertainty and lower consumer sentiment.

Stora Enso Oyj held its Annual General Meeting on March 20, 2025, where several key resolutions were approved. The company will distribute a dividend of EUR 0.25 per share for 2024 in two installments: EUR 0.13 on April 2, 2025, and EUR 0.12 on October 2, 2025.

The AGM elected nine Board members, including two new members - Elena Scaltritti and Antti Vasara. Kari Jordan was elected as Chair and Håkan Buskhe as Vice Chair. The meeting approved increased board remuneration, with the Chair to receive EUR 221,728, Vice Chair EUR 125,186, and Members EUR 85,933.

PricewaterhouseCoopers Oy was appointed as both auditor and sustainability reporting assurer. The Board received authorization to repurchase up to 2,000,000 R shares (0.25% of all shares) and issue the same amount for incentive schemes. Several amendments to the Articles of Association were also approved.

Stora Enso has released its Annual Report and Remuneration Report 2024, which includes strategic report, corporate governance, sustainability statement, and financial statements. The company published its annual financial statements following the European Single Electronic Format (ESEF) requirements, with primary financial statements labeled with XBRL tags.

The Sustainability Statement is prepared according to European Sustainability Reporting Standards (ESRS) and has received Assurance from PricewaterhouseCoopers Oy. The firm also provided Reasonable Assurance for Stora Enso's Scope 1 and 2 greenhouse gas emissions reporting. The company reported EUR 9 billion in Group sales for 2024 and employed approximately 19,000 people.