Q4 2024 Stora Enso Oyj Earnings Call Transcript

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Feb 11, 2025

Feb 11, 2025 / 09:00AM GMT
Hans Sohlstrom - Stora Enso Oyj - President, Chief Executive Officer, Member of the Group Leadership Team

Hello, everyone, and welcome to Stora Enso's fourth-quarter 2024 results presentation. Thank you for joining us today. I'm Hans Sohlstrom, the President and CEO of Stora Enso, and I'm here with our new CFO, Niclas Rosenlew. Today's presentation is titled improved results in challenging markets. We will today guide you through our performance for 2024, and we will address any questions you might have towards the end.

Before we start the formal presentation, let's take a moment to look at this image of the lobby in our new headquarters in Helsinki where we moved last autumn. This remarkable mass timber building owned by the Finnish insurer, Varma, is the largest of its kind in Finland, and it's a new low-carbon marvel, capturing attention across the architectural world.

The structure is composed of over 2,000 bespoke load-bearing wooden elements produced by Stora Enso. Choosing wood over concrete for the structure resulted in a significant 35% reduction in greenhouse gases. Besides

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