Stora Enso shares rally on strategic review of Swedish forest assets

Stora Enso Oyj

19/06/2025 08:24

** Shares in Stora Enso STERV.HE rise 15% to the top of STOXX 600 index .STOXX after the Finnish forestry group announced a strategic review of its Swedish forest assets

** The evaluation of options of the group's EUR 5.8 billion assets includes potential separation and public listing of the assets through a partial demerger

** Jefferies sees the review as a positive catalyst

** In the broker's view it might spark a full take private of the Sweden forest by a consortium of insurers & financial investors, which could result in the greatest value unlock

** The broker sees forest value upside as underappreciated

** In May Stora Enso divested 12.4% of its forest holdings in Sweden

** Shares on track for best day since October 2008

 (Reporting by Anna Chaberska)

 ((Anna.chaberska@thomsonreuters.com;))