Significant Growth in Adjusted EBIT
In 2024, Stora Enso achieved a 75% year-on-year growth in adjusted EBIT, reaching €598 million. This was driven by improved sourcing, enhanced operational efficiency, and commercial excellence.
Reduction in Operating Working Capital
Operating working capital decreased by more than €700 million, reducing from over 14% to 7% of sales.
Fixed Costs Reduction
Fixed costs were reduced by €110 million, with total cost improvement actions offsetting wood cost escalation.
Dividend Increase
The Board proposed a dividend of €0.25 per share, up from €0.20 last year.
Progress in Sustainability Targets
Achieved a 53% reduction in Scope 1 and 2 emissions by the end of 2024, surpassing the target of 50% by 2030.