Finland's Stora Enso Q1 sales stable, adjusted EBIT falls 9%

Stora Enso Oyj

07/05/2026 06:45

Overview

Finland packaging materials firm's Q1 sales stable yr/yr, as FX headwinds offset higher deliveries

Adjusted EBIT for Q1 fell 9.5% yr/yr, impacted by FX and Oulu site ramp-up

Company continues preparations to separate Swedish forest assets into new listed entity

Outlook

Company expects Q2/26 adjusted EBIT to be negatively impacted by Oulu ramp-up, similar to Q1

Stora Enso sees heightened geopolitical volatility raising logistics, chemicals and energy costs in 2026

Company projects 2026 income from emission rights to decrease to EUR 10–20 mln

Result Drivers

FOREIGN EXCHANGE - Negative FX rate changes offset higher deliveries, impacting sales and adjusted EBIT

OULU SITE RAMP-UP - Costs related to ramp-up of new consumer board line at Oulu site weighed on adjusted EBIT

WEAK MARKET DEMAND - CEO said demand in main end markets stayed at relatively low levels, with pricing pressure persisting in some segments

Company press release: ID:nWkr9J8tQt

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
EUR 2.36 bln
Q1 Net Income
EUR 35 mln
Q1 Adjusted EBITDA
EUR 309 mln
Q1 Adjusted EBIT
EUR 159 mln
Q1 Pretax Profit
EUR 43 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 5 "hold" and 3 "sell" or "strong sell"

Wall Street's median 12-month price target for Stora Enso Oyj is €12.00, about 23.7% above its May 6 closing price of €9.70

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 16 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)