Stora Enso is merging its container board business in the Packaging Solutions Division with the Consumer Board Division, creating a new Packaging Materials Division. The remaining business in Packaging Solutions together with Stora Enso’s recently created formed fibre unit, will constitute a more focused Packaging Solutions division. The change is effective as of 1 January 2020.
Based on the new structure, 2018 sales for the Packaging Materials division were approximately €3,400m and for Packaging Solutions €700m. The restated figures for the new divisional structure will be published during the first quarter of 2020.