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Stora Enso Reports Improved Results for 2024

13.02.2025
in All News, Analytics, Main, News Europe
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“We are proud of our achievements in such a tough market,” says Hans Sohlström, President and CEO of Stora Enso. 

Hans Sohlström

“Our profit improvement programme has shown promising results, with significant reductions in fixed costs. This strengthens our position as a leading provider of sustainable solutions.”

Q4/2024 (year-on-year)

Stora Enso reported a 7% increase in sales to EUR 2,322 million compared to EUR 2,174 million in the previous year.

The adjusted EBIT increased to EUR 121 million from EUR 51 million, with an adjusted EBIT margin of 5.2% compared to 2.3%.

The operating result (IFRS) was EUR -279 million, including items affecting comparability of EUR -768 million related mainly to impairments and fair valuations.

Key Highlights 2024

  • Sales: EUR 9,049 million (compared to EUR 9,396 million in 2023)
  • Adjusted EBIT: EUR 598 million (compared to EUR 342 million in 2023)
  • Earnings per Share (EPS): EUR -0.17 (compared to EUR -0.45 in 2023)
  • Cash Flow from Operations: EUR 1,187 million (compared to EUR 954 million in 2023)

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Source: www.storaenso.com
Tags: Hans SohlströmStora Enso

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