Stora Enso Forest

Results Q4/2022

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Delivering the best full year financial performance in 22 years despite Q4 market challenges

President and CEO comments on Q4 results

Key figures Q4 2022

OPERATIONAL EBIT MARGIN OPERATIONAL ROCE excl. Forest NET DEBT TO OPERATIONAL EBITDA
12.4% 13.2% 0.7
(Target >13%) (Target <2.0)

Q4/2022 compared with Q4/2021

Result highlight

  • Sales increased by 5% to EUR 2,864 (2,719) million

  • Operational EBIT decreased by 17% to EUR 355 million

  • EPS was EUR 0.74

  • Cash flow from operations EUR 429 million

  • Operational ROCE excl. Forest 13.2%

Operational ROCE excl. Forest

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