Revenue

Stora Enso's revenue has demonstrated a stable trend over the past quarter, with sales remaining at EUR 2,423 million, a slight decrease from the previous year's EUR 2,426 million. This stability can be attributed to the company's efforts to offset the negative impact of lower prices and adverse currency movements through structural changes. However, the revenue growth is expected to be impacted by the planned maintenance shutdowns across all operational segments, which is expected to increase by approximately EUR 40–50 million compared to the second quarter. Additionally, the ramp-up of the new consumer board line at the Oulu site is expected to continue, with production volumes gradually increasing, but the negative impact on revenue is expected to remain at a similar level to the second quarter. Overall, Stora Enso's revenue is expected to face challenges in the upcoming quarter due to market uncertainty and planned maintenance shutdowns, but the company's efforts to adapt to market developments with agility are expected to mitigate some of these impacts.

The realised revenue for Q2 2026 is 2423 million Euros, and the predicted revenue for Q2 2027 (e) is 2540.2 million Euros. The revenue is expected to increase by 117.2 million Euros in one year, which is a 4.84% change from the realised value. The revenue is expected to decrease by 80.5 million Euros from 2025 to 2026, which is a 0.86% decrease. From 2026 to 2027, the revenue is expected to increase by 129.8 million Euros, which is a 1.40% increase. The annual revenue values are 9.325 billion Euros in 2025, 9.245 billion Euros in 2026, and 9.373 billion Euros in 2027.

Ebit

Stora Enso's EBIT profitability has demonstrated a notable improvement, driven primarily by the successful ramp-up of its new consumer board line at the Oulu site. This strategic initiative has yielded significant benefits, including increased sales prices and volumes, which have positively impacted the company's profitability. However, the positive effects of this initiative have been partially offset by higher variable costs, mainly due to cost escalation related to the Iran conflict. Additionally, the company's efforts to reduce fixed costs through cost-saving measures and lower maintenance activity have also contributed to the improvement in EBIT profitability. Overall, Stora Enso's ability to adapt to changing market conditions and execute strategic initiatives has been a key driver of its improved EBIT profitability.

The realised Ebit for Q2 2026 is 16.0 million Euros, while the predicted Ebit for Q2 2027 (e) is 154.5 million Euros. The expected change in Ebit from Q2 2026 to Q2 2027 (e) is 138.5 million Euros, which represents a 868% increase. The expected change in Ebit from 2025 to 2026 is a decrease of 460.3 million Euros, which represents a 49.1% drop. From 2026 to 2027, the expected change is an increase of 50.5 million Euros, a 10.5% rise. The annual Ebit values are 942.0 million Euros in 2025, 482.7 million Euros in 2026, and 533.2 million Euros in 2027.

Profit befor tax

The realised profit before tax in Q2 2026 is -11.0 million Euros, while the predicted profit before tax in Q2 2027 (e) is 154.5 million Euros. The expected change in profit before tax from Q2 2026 to Q2 2027 (e) is an increase of 165.5 million Euros, which represents a 1495% change. The change in Profit before tax from 2025 to 2026 is a decrease of 371.3 million Euros, which is a 47.2% drop. From 2026 to 2027, the change is an increase of 119.5 million Euros, a 28.9% rise. The annual values for Profit before tax are 784 million Euros in 2025, 413.7 million Euros in 2026, and 533.2 million Euros in 2027.

Profit

The realised profit for Q2 2026 is -11.0 million Euros, while the predicted profit for Q2 2027 (e) is 123.6 million Euros. The expected change in profit from Q2 2026 to Q2 2027 (e) is an increase of 134.6 million Euros, which represents a 1219.1% change. The profit is expected to decrease by 358.6 million Euros from 2025 to 2026, which is a 52.2% decrease. From 2026 to 2027, the profit is expected to increase by 97.2 million Euros, which is a 29.5% increase. The annual profit values are 687 million Euros in 2025, 329 million Euros in 2026, and 426.6 million Euros in 2027.