Trade Stora Enso R - STEr CFD

Stora Enso Company profile

About Stora Enso OYJ

Stora Enso Oyj is a Finland-based provider of renewable solutions in packaging, biomaterials, wooden construction and paper industries. The Company has six divisions: the Packaging Materials division provides renewable packaging materials based on both virgin and recycled fiber, the Packaging Solutions division develops and sells premium fiber-based packaging products and services; the Biomaterials division offers a variety of pulp grades to the paper, board, tissue, textile and hygiene product producers; the Wood Products division is a sawn wood producer and a provider of wood-based solutions to the construction industry; the Forest division manages Stora Enso’s forest assets in Sweden and is responsible for wood sourcing for Stora Enso’s Nordic, Baltic and Russian operations and the Paper division, that provides paper products made from recycled and virgin fiber. Stora Enso Oyj operates worldwide.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Stora Enso OYJ revenues increased 19% to EUR10.16B. Net income applicable to common stockholders increased from EUR626M to EUR1.27B. Revenues reflect Packaging Materials segment increase of 19% to EUR3.72B, Wood Products segment increase of 27% to EUR1.77B, Biomaterials segment increase of 26% to EUR1.5B, China segment increase of 38% to EUR1.18B, Others segment increase of 29% to EUR782M.