Stora Enso Oyj Class A · OMXHEX:STEAV
Stora Enso Oyj Class A — Shareholder Meeting (March 2021)
24 slides from Stora Enso Oyj Class A's shareholder meeting presentation, Mar 19, 2021
Slide 1: President & CEO's report
Story Enso Annual General Meeting 2021 19 March 2021 President & CEO’s report Annica Bresky
Slide 2: Megatrends are changing business and society
Megatrends are changing business and society Biodiversity loss Inequality Climate change Consumption Digitalisation and cyber security Circularity
Slide 3: Replacing fossil-based and other non-renewable materials
Replacing fossil-based and other non-renewable materials Trees, our raw Recycling is good Renewable materials Join us on our material, grow – but it’s not help combat global journey to replace back enough warming plastics
Slide 4: Stora Enso's annual estimated climate impact
Stora Enso’s annual estimated climate impact Our forests Our products Our value Our products Climate impact3 = −11.5 remove carbon1 store carbon chain emissions2 substitute fossil- −1.5 −2.6 +10.5 based products, saving −17.9 million tonnes million tonnes million tonnes million tonnes of CO2e of CO2
Slide 5: Stora Enso's progress in 2020
Stora Enso’s progress in 2020 A leader in the Sales 2020 Operational EBIT Dividend bioeconomy EUR 0.30 EUR 8.6 EUR 650 Per share billion million Operational Combatting ROCE excluding global warming Cash flow from operations Forest division EUR 1.3 billion 7.0% -26% lower CO2e than in the 2010 base y
Slide 6: Development of long-term financial targets
Development of long-term financial targets Group long-term financial targets 2019 2020 Dividend* To distribute 50% of EPS excluding fair valuation over the cycle 0.30 0.30 Growth** > 5% -3.0% (YoY) -8.7% (YoY) Net debt to operational EBITDA < 2.0x 2.0 2.3 Net debt to equity < 60% 43% 33% Operational
Slide 7: 400 MEUR profit protection programme
400 MEUR profit protection programme 225 MEUR continuous and 30 MEUR one-time savings in 2020 Group continuous annual savings Fixed costs Variable costs MEUR 250 200 150 100 50 1 500 2019 2020 2021
Slide 8: Sustainable and profitable growth from renewable products
Sustainable and profitable growth from renewable products
Slide 9: Highlights of our strategy execution
Highlights of our strategy execution Oulu Mill conversion to Feasibility study at CLT Ždírec progressing 14 MEUR investment kraftliner is finalised Skoghall Mill by end according to plan, start- in Sunila Mill to build a and the mill is in a Q4 2021 up Q3 2022 granulation and start-up phase packagin
Slide 10: Shaping our business for higher growth and value
Shaping our business for higher growth and value… Growth Packaging Materials Packaging Solutions Wood Products: Biomaterials: Innovations Building Solutions Foundation Cash Forest Wood Products: Biomaterials: Pulp Paper Traditional wood products
Slide 11: By focusing on our three leading positions
…by focusing on our three leading positions Packaging Materials & Solutions Wood Products: Building Solutions Biomaterials Innovations Significant 3x sales 35%+ margin growth potential from Building Solutions 35%+ margin in novel with 20%+ margin with ~20% margin markets with strong growth Majority
Slide 12: Increased focus on our innovation agenda
Increased focus on our innovation agenda Sustainable packaging Bio-based barrier Biomaterials Innovation applications to replace solutions for • Carbon for energy storage fossil materials packaging • Bio-binders • Formed fiber • Carbon fibers • Biofoam
Slide 13: New growth opportunities through digitalisation
New growth opportunities through digitalisation Precision Digital tools ” forestry for for wood tree analysis construction B2B marketplace for packaging sourcing
Slide 14: Renewable products make a circular bioeconomy
Renewable products make a circular bioeconomy Circular design Zero waste Circular products Renewable New business raw from recycled materials products Extend value with Sustainable end of life recycling and reuse
Slide 15: Accelerating circularity along the value chain
Accelerating circularity along the value chain Examples Poland Belgium ” Increasing the recycling of Experiments to use recycled used beverage cartons in paper cups for magazine paper Central and Eastern Europe production at Langerbrugge Mill Sweden Turning wastewater into renewable energy at Nymöll
Slide 16: Our products have a lower carbon footprint
Our products have a lower carbon footprint Lignin Wood Buildings < 80% 75% Biocomposite Formed Fiber 80% 75%
Slide 17: Forest is our foundation for value creation
Forest is our foundation for value creation
Slide 18: One of the world's biggest private forest owners
One of the world’s biggest private forest owners Total forest asset value in balance sheet EUR 7.3 billion Swedish forests 1 398 000 ha of forest land Tornator Veracel, 259 000 ha Brazil in Finland 112 000 ha of forest land 28 000 ha in Estonia, and 5 000 ha Montes del Plata, in Romania Uruguay 135
Slide 19: Forests have a key role in combatting climate change
Forests have a key role in combatting climate change Carbon is stored in trees and wood-based products 100% 87% 98% of our wood comes comes from 78% of lands owned and of our wood managed by us from sustainable managed semi- are covered by is certified sources natural forests certification
Slide 20: Biodiversity management practices in Northern forests
Biodiversity management practices in Northern forests We ensure that forests grow more than they are harvested, and that biodiversity is an integral part of everyday forest management.
Slide 21: We have ambitious targets for our climate work
We have ambitious targets for our climate work • Stora Enso was the first in its industry to set ambitious science-based targets to reduce greenhouse gas emissions. − Our target is to reduce emissions from operations by 31% by 2030, compared to 2010. − In 2020, we had achieved a reduction of -26% co
Slide 22: Our renewable products provide a sustainable alternative
Our renewable products provide a sustainable alternative A leader in the A new valuation Cash flow from method for Sales 2020 operations bioeconomy forest assets EUR 8.6 EUR 1.3 billion billion Conversion at our Oulu Mill from paper to Zdirec CLT Renewable formed fiber products production line kraft
Slide 23: Read our Annual Report
When you want to know more Read our Annual Report storaenso.com/annualreport Includes: Sustainability. Strategy. Financials. Governance
Slide 24: storaenso
al storaenso @ @ O es & THE RENEWABLE MATERIALS COMPANY