{"id":81775,"date":"2022-02-01T05:00:23","date_gmt":"2022-02-01T05:00:23","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/stora-ensos-wood-products-division-reports-record-results-driven-high-prices\/"},"modified":"2025-09-18T17:23:08","modified_gmt":"2025-09-18T17:23:08","slug":"stora-ensos-wood-products-division-reports-record-results-driven-high-prices","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/stora-ensos-wood-products-division-reports-record-results-driven-high-prices\/","title":{"rendered":"Stora Enso\u2019s Wood Products division reports record results driven by high prices"},"content":{"rendered":"
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Nordic forest products giant Stora Enso has reported an 83% growth in annual pre-tax profits for 2021 to \u20ac1.41bn (2020: \u20ac773m).<\/p>\n<\/div>\n

Annual sales for Stora Enso increased by 18.8% to \u20ac10.1bn (2020: \u20ac8.55bn).<\/p>\n

Sales increased by 26.3% to \u20ac2.71bn in Q4, 2021, while Q4 pre-tax profits were up 205% on Q3 to \u20ac793m.<\/p>\n

The wood products division benefited from sustained, historically high price levels and a good market and product mix. Annual divisional sales increased by 35% to \u20ac1.87bn (2020: \u20ac1.38bn), while Q4, 2021 sales increased by 42% to \u20ac510m compared to Q3. (see table below)<\/p>\n

\"\"<\/a><\/p>\n

The division\u2019s annual earnings before interest and tax (EBIT) grew by 218% to \u20ac364m (2020: \u20ac114m).<\/p>\n

\u201cRecord high prices supported by solid demand and a balanced mix continued to drive topline growth, despite slightly lower classic sawn deliveries,\u201d Stora Enso said.<\/p>\n

Stora Enso\u2019s strategic focus market, mass timber construction (cross-laminated timber), continues to grow. A slight decrease in the number of building projects was compensated by an extensive increase in the average project size, based on Stora Enso's current strong project pipeline in office, school and health building types.<\/p>\n

The company is currently investing \u20ac79m in a new CLT line in the Czech Republic \u2013 due to start up during Q3, 2022.<\/p>\n

At the Varkaus sawmill, Stora Enso is building a plant to produce wood pellets from sawmill by-products such as cutter chips, dry wood chips and sawdust.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

Nordic forest products giant Stora Enso has reported an 83% growth in annual pre-tax profits for 2021 to \u20ac1.41bn (2020: \u20ac773m). Annual sales for Stora Enso increased by 18.8% to \u20ac10.1bn (2020: \u20ac8.55bn). Sales increased by 26.3% to \u20ac2.71bn in … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":58301,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713,4716],"tags":[3766,3271,3429],"class_list":["post-81775","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","category-latest-trends","tag-financial-results","tag-stora-enso","tag-wood-products"],"acf":[],"yoast_head":"\nStora Enso\u2019s Wood Products division reports record results driven by high prices - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/stora-ensos-wood-products-division-reports-record-results-driven-high-prices\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stora Enso\u2019s Wood Products division reports record results driven by high prices - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"Nordic forest products giant Stora Enso has reported an 83% growth in annual pre-tax profits for 2021 to \u20ac1.41bn (2020: \u20ac773m). 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