Stora Enso’s wood products division delivered stronger sales in 2025, helped by the acquisition of Junnikkala, higher sales prices across sawn timber and building solutions, and firmer by-products sales.
Stora Enso’s wood products division increased annual sales to €1.817bn in 2025, up from €1.522bn the previous year, as the business benefited from the integration of Junnikkala and improved pricing across key product areas.
Adjusted EBITDA for the division reached €43m, while the operating result remained in loss at -€16m. However, this represented a significant improvement on 2024, when the division recorded an operating loss of -€73m. Wood product deliveries totalled 4,256,000m³.
The figures point to a better year for the division, albeit one still shaped by difficult market conditions. Stora Enso said raw material costs increased during the year, reflecting the wider pressures still facing the sector.
The company described construction demand as stabilising, but from a weak base. “The construction market stabilised at a low level, with a slight increase in demand,” it said.
Production was also adjusted to match those conditions. “Production curtailments were implemented to align with market conditions.” Across the timber and wood products market, the results underline the uneven nature of the recovery. Better sales and a reduced operating loss suggest some progress, but the underlying trading environment remains far from straightforward. Higher raw material costs, subdued construction activity and volatility in end markets continue to shape decision-making across the supply chain.
The group has also been reviewing parts of its European footprint. In 2025, Stora Enso initiated a strategic review of its Central European sawmills and building solutions operations, with the stated aim of sharpening its business focus and ensuring operations remain aligned with long-term value creation goals.
Across the wider Stora Enso group, annual sales reached €9.326bn, compared with €9.049bn in 2024. Pre-tax profit was €783m, reversing the previous year’s pre-tax loss of -€118m.
Looking ahead, Hans Sohlström, President and CEO of Stora Enso, said trading conditions were expected to remain challenging.
“As we enter 2026, we expect market conditions to remain subdued and volatile, shaped by ongoing macroeconomic and geopolitical uncertainty,” he said. “We will continue to execute our strategy and drive proactive, systematic, and determined work across the whole Group.”
Timber businesses watching demand signals across Europe will recognise the pattern: signs of improvement remain cautious, cost sensitive and closely tied to construction activity.
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