Stora Enso initiates a strategic review of its Swedish forest assets (Inside information)
Stora Enso initiates a strategic review of its Swedish forest assets (Inside information) |
| [18-June-2025] |
STORA ENSO OYJ INSIDE INFORMATION 18 June 2025 at 19:00 EEST HELSINKI, Finland, June 18, 2025 /PRNewswire/ -- As part of its stronger focus on renewable packaging, Stora Enso is initiating a strategic review of its Swedish forest assets. The review includes assessing a potential separation and public listing of the forest assets through a partial demerger. The initiative aims to further increase business focus, streamline operations, and fully unlock the value of both the forest assets and Stora Enso's core packaging business. As part of this review, Stora Enso will explore various options, including a potential separation and listing of the forest business through a partial demerger into a new company that would be wholly owned by all Stora Enso shareholders. This move aims to establish two robust and independent entities, each with heightened focus and strategic agility. Stora Enso would continue to lead in renewable packaging, with strong market positions and more flexible, integrated, and cost-competitive production. Meanwhile, the Swedish forest business would emerge as Europe's largest listed pure forest company, owning a unique class of assets with anticipated long-term value appreciation and potential for significant new revenue streams. Following the recent agreement to divest approximately 175,000 hectares of Swedish forestland for an enterprise value of EUR 900 million, in line with book value, Stora Enso retains ownership of over 1.2 million hectares (1.0 million hectares of productive forestland) in Sweden, with a fair value of approximately EUR 5.8 billion as of 31 March 2025. While these assets are integral to Stora Enso's wood supply chain, they possess a distinct operational, financial, and strategic profile. Stora Enso plans to provide an update on the strategic review by the end of 2025. All changes are subject to co-determination negotiations and other potential legal procedures in all impacted countries. Webcast on Thursday 19 June 2025 The forest is at the heart of Stora Enso, and we believe that everything made from fossil-based materials today can be made from a tree tomorrow. We are the leading provider of renewable products in packaging, biomaterials, and wooden construction, and one of the largest private forest owners in the world. In 2024, Stora Enso had approximately 19,000 employees, and the Group sales were EUR 9 billion. Stora Enso's 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 OTC Markets (OTCQX) as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com STORA ENSO OYJ CONTACT: For further information, please contact: Investor enquiries:
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SOURCE Stora Enso Oyj | ||||
Company Codes: Helsinki:STEAV, OTC-PINK:SEOAY, ISIN:FI0009005953, RICS:STEAV.HE, Helsinki:STERV, ISIN:FI0009005961, RICS:STERV.HE, RICS:SEOAY.A, OTC-BB:SEOAY, OTC-QX:SEOAY |
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