From the first quarter of 2015 onwards, Stora Enso will publish financial figures for its five divisions and its segment Other.
As announced on 18 December 2014, Stora Enso has reorganised its divisional and reporting structure. In Stora Enso, the IFRS reporting segments are formed by divisions except for the segment Other.The new structure is valid from 1 January 2015 onwards. Stora Enso will report financial figures for the divisions Consumer Board, Packaging Solutions, Biomaterials, Wood Products and Paper and the segment Other.
The former Renewable Packaging division has been split into two separate divisions: Consumer Board and Packaging Solutions. The Consumer Board division operates five board mills in Finland, Sweden and Spain. The operations of the Guangxi board mill project in China and the Bulleh Shah Packaging joint venture in Pakistan also belong to Consumer Board. Packaging Solutions operates container board mills in Finland and Poland and converting plants in ten countries in Europe and Asia, including Inpac Packaging in China and India.
The new structure in the packaging business is a further step towards strengthening Stora Enso’s focus on customers, business performance and growth.