Stora Enso Oyj (STE_A) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everyone. My name is Jutta Mikkola. And as head of investor relations at Stora Enso, I'm pleased to welcome in the middle of the summer to our second quarter results presentation. I'm happy to have Hans Solström, our president and CEO, and Niklas Rosenlev, our CFO, with me here today. This quarter, our main theme was optimizing our portfolio and driving results through our own actions. That captures well the progress we have made, both in executing our strategy and optimizing our portfolio. Today, we will follow our usual agenda, starting with strategy updates, followed by a financial review and concluding with the key takeaways. After the presentation, we will be happy to take your questions. Thank you for joining us. Hans, the floor is yours. Thank you, Jutta. And hello, everyone. Great to have you with us. The second quarter marked another period of disciplined execution in a volatile market environment. We improved operational performance, strengthened customer relationships and advanced several important strategic initiatives. Our profitability improved compared to last year. Sales were stable and adjusted EBIT increased by 27% to €160 million. This reflects continued operational improvement, progress in Oulu and disciplined cost management. I'm particularly pleased with the progress in consumer packaging where operational performance strengthened further and customer feedback continued to be very encouraging. We continue to receive positive feedback on both product quality and service, reflecting the dedication of our teams, strength of our customer offering and our significant investments in leading technologies. Creating customer value remains at the heart of our strategy, and it is encouraging to see this translating into stronger customer relationshi...