Market | NASDAQ Helsinki |
Symbol | STERV, STEAV |
List | Large Cap |
Industry | Basic Resources |
Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials, and wooden construction, and one of the largest private forest owners in the world. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. This forms the core of our strategy and is the foundation of our innovation growth agenda. Stora Enso’s growth strategy is to focus on leading positions and accelerated growth in three focus areas: Packaging, Building Solutions and Biomaterials Innovations.
The Group has approximately 20,000 employees and our sales in 2023 were EUR 9.4 billion, with an operational EBIT of EUR 342 million. 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).
*) Stora Enso shares listed in Stockholm are nominee registered in Euroclear Finland, and therefore
the market cap is already reflected in the market cap in Helsinki.
Key figures | 2021 | 2022 | 2023 |
---|---|---|---|
Sales, EUR million | 10,164 | 11,680 | 9,396 |
Operational EBIT*, EUR million | 1,528 | 1,891 | 342 |
Profit/Loss before tax, EUR million | 1,419 | 1,858 | -495 |
Net Profit/Loss for the year, EUR million | 1,268 | 1,536 | -431 |
Operational ROCE excl. Forest, % | 17.7 | 20.4 | 1.0 |
Debt/equity ratio | 0.22 | 0.15 | 0.29 |
Dividend per share, EUR | 0.55 | 0.60 | 0.1** |
Payout ratio, %*** | 46.3 | 38.6 | -13.7 |
Capital expenditure, EUR million | 666 | 778 | 1,125 |
Earnings per share (EPS), EUR excluding FV*** | 1.19 | 1.55 | -0.73 |
Average number of employees (FTE) | 22,369 | 21,790 | 20,822 |
* Operational EBIT = Operating profit/loss excluding items affecting comparability (IAC).
Items affecting comparability are exceptional transactions that are not related to recurring business operations. IACs may include capital gains and losses, impairments, disposal gains and losses,
provisions for planned restructurings, environmental provisions, changes in depreciation due to restructuring and penalties.
** The Board of Directors proposes to the AGM that a dividend of EUR 0.10 per share is to be distributed for 2023. In addition, the Board of Directors proposes that the AGM would authorise the Board of Directors to decide at its discretion on the payment of an additional dividend up to a maximum of EUR 0.20 per share.
***Excluding fair valuations
Title | Sales MEUR |
---|---|
2019 | 10055 |
2020 | 8553 |
2021 | 10164 |
2022 | 11680 |
2023 | 9396 |
Label | Value |
---|---|
2019 | 953 |
2020 | 650 |
2021 | 1528 |
2022 | 1891 |
2023 | 342 |
Label | Value |
---|---|
2019 | 2.1 |
2020 | 2.3 |
2021 | 1.1 |
2022 | 0.7 |
2023 | 3.2 |
Label | Value |
---|---|
Solidium Oy* | 10.7 |
FAM AB** | 10.2 |
Social Insurance Institution of Finland (KELA) | 3.0 |
Finnish institutions (excl. Solidium and KELA) | 11 |
Swedish institutions (excl. FAM) | 1.1 |
Finnish private shareholders | 3.9 |
Swedish private shareholders | 3.0 |
ADR holders | 1.6 |
Under nominee names (non-Finnish/non-Swedish shareholders) | 55.4 |
* Entirely owned by the Finnish state.
** As confirmed to Stora Enso.
Label | Value |
---|---|
Packaging Materials | 46 |
Packaging Solutions | 11 |
Biomaterials | 15 |
Wood Products | 15 |
Forest | 11 |
Other | 2 |
Stora Enso Oyj
Salmisaarenaukio 2
P.O.Box 309 FI-00101 Helsinki
Phone: +358 2046 111