HELSINKI – October 30, 2026 -- Stora Enso's Board of Directors has approved a demerger plan to spin off its Swedish forest assets business into Bergslagets Skogar AB, with completion planned for 31 March 2027. The five largest shareholders by votes, holding about 28.6% of shares and 69.9% of votes, have irrevocably committed to vote in favour, subject to customary conditions.

HELSINKI – October 30, 2026 -- Stora Enso lifted third-quarter adjusted EBIT by 28% to EUR 161 million (126), lifting the adjusted EBIT margin to 7.2% (5.5%), as the board approved a Demerger Plan to spin off its Swedish forest assets business into a new listed company.

Organic sales rose 2% on higher board deliveries and containerboard prices. Reported sales fell 2% to EUR 2,240 million (2,283) because of divestments. Higher board volumes, lower variable costs and the ramp-up of the new consumer board line at Oulu drove the earnings gain.