From Yahoo Finance: 2025-04-28 10:42:00

Finnish packaging company Stora Enso reports a 9.1% sales increase in Q1 FY25, reaching €2.36bn. Adjusted EBIT rises by 17.7% to €175m, with an EBIT margin of 7.4%. Operating result grows by 21.7% to €171m, while pretax result jumps 40.8% to €132m. Net result sees a 40% increase to €107m.

CEO Hans Sohlström attributes the improvement to higher prices, increased volumes, favorable exchange rates, and cost-saving initiatives. Adjusted EBIT for FY25 expected to be impacted by €100m due to new packaging board line ramp-up. Capital expenditures projected to be €730m-€790m for FY25.

In Q2 FY25, maintenance costs are expected to rise by €20m compared to Q1. Stable containerboard market predicted with ongoing price increments. Demand for consumer board expected to be seasonally stronger with new consumer packaging board line boosting delivery volumes gradually. Packaging Solutions division anticipates heightened demand in Western Europe.

Stora Enso recently announced a reorganization into seven profit and loss accountable business areas, underlining the importance of its renewable packaging operations. The company aims to continue its growth trajectory despite challenges in the global market.

Read more: Stora Enso reports 9.1% sales increase in Q1 FY25