Stora Enso Oyj Class A · OMXHEX:STEAV
Stora Enso Oyj Class A — Investor Day (March 2012)
36 slides from Stora Enso Oyj Class A's investor day presentation, Mar 22, 2012
Slide 1: Next
cl storaenso Next Jouko Karvinen, CEO
Slide 2: Start with consumer, Ecosystems
Start with Ecosystems Build value consumer Accelerate what Self-finance Engines works transformation Jouko Karvinen March 22, 2012 2
Slide 3: 60 seconds
60 seconds Jouko Karvinen March 22, 2012 3
Slide 4: Net Promoter Score
Net Promoter Score Jouko Karvinen March 22, 2012 4
Slide 5: Fixed Cost
Fixed Cost Fixed costs Fixed costs / sales Jouko Karvinen March 22, 2012 5
Slide 6: Variable Cost
Variable Cost % of sales Jouko Karvinen March 22, 2012 6
Slide 7: People
People Personnel costs/sales Productivity, Revenue/employee Jouko Karvinen March 22, 2012 7
Slide 8: Working Capital
Working Capital Jouko Karvinen March 22, 2012 8
Slide 9: Cash in & out
Cash in & out Restructuring Capex Net cash from operations Inv for future 8% 4% 0% -4% -8% 2007-2011% of sales Jouko Karvinen March 22, 2012 9
Slide 10: Accelerate what works
Accelerate what works Jouko Karvinen March 22, 2012 10
Slide 11: Fixed costs/sales
Fixed costs/ sales Rolling Average 4Q Summa closure Kemijärvi Varkaus closure closure Next step Maxau Program, closure EUR 250 million annual cost reduction Jouko Karvinen March 22, 2012 11
Slide 12: Comparison of cash production costs as percentage of sales
Comparison of cash production costs as percentage of sales Jouko Karvinen March 22, 2012 12
Slide 13: Engines
Engines Jouko Karvinen March 22, 2012 13
Slide 14: Rethink strategy
Rethink strategy • Growth markets • Renewable packaging • Biomaterials • Competitive paper Jouko Karvinen March 22, 2012 14
Slide 15: Cash engines, Growth engines
Cash engines Growth engines Printing and Reading Renewable Packaging Nordic market pulp Plantation based pulp Low cost base saw milling Building and living Jouko Karvinen March 22, 2012 15
Slide 16: Cash in & out
Cash in & out Restructuring Capex Net cash from operations Inv for future 8% 4% 0% -4% -8% 2007-2011% of sales Jouko Karvinen March 22, 2012 16
Slide 17: Cash in & out
Cash in & out Restructuring Capex Net cash from operations Inv for future 12,0% 8,0% 4,0% 0,0% -4,0% -8,0% Biomaterials Building & Renewable Group Printing & Living Packaging Reading 2007-2011% of sales Jouko Karvinen March 22, 2012 17
Slide 18: % of Group 2011
% of Group 2011 Sales Y-on-Y Sales Growth Jouko Karvinen March 22, 2012 18
Slide 19: % of Group 2011
% of Group 2011 Net cash from operations Total CAPEX Jouko Karvinen March 22, 2012 19
Slide 20: Self-finance transformation
Self-finance transformation Jouko Karvinen March 22, 2012 20
Slide 21: 2007-2011 EUR million
Restructuring Capex Net cash from operations Inv for future 1 000 500 0 -500 -1 000 2007 2008 2009 2010 2011 2007-2011 EUR million Jouko Karvinen March 22, 2012 21
Slide 22: Start with consumer
Start with consumer Jouko Karvinen March 22, 2012 22
Slide 23: 1.5 billion
1.5 billion Jouko Karvinen March 22, 2012 23
Slide 24: 29 years
29 years Jouko Karvinen March 22, 2012 24
Slide 25: Biomaterials
Biomaterials Jouko Karvinen March 22, 2012 25
Slide 26: Ecosystems
Ecosystems Jouko Karvinen March 22, 2012 26
Slide 27: Jouko Karvinen March 22, 2012
Jouko Karvinen March 22, 2012 27
Slide 28: Build value
Build value Jouko Karvinen March 22, 2012 28
Slide 29: Graphic Paper Western Europe
Graphic Paper Western Europe Jouko Karvinen March 22, 2012 29
Slide 30: Graphic Paper Western Europe
Graphic Paper Western Europe Jouko Karvinen March 22, 2012 30
Slide 31: Gained volume, Lost volume
Shareholder value Buyer Rest of the market Average sales price Average sales price 0% 1% 2% 3% 0% 1% 2% 3% Gained volume Lost volume -5% 5% -10% 10% Jouko Karvinen March 22, 2012 31
Slide 32: Investment for future and net cash from operations 2011
Investment for future and net cash from operations 2011 Jouko Karvinen March 22, 2012 32
Slide 33: Growth
Growth Operating Capital 2011 20XX Jouko Karvinen March 22, 2012 33
Slide 34: Start with consumer, Ecosystems
Start with Ecosystems Build value consumer Accelerate what Self-finance Engines works transformation Jouko Karvinen March 22, 2012 34
Slide 35: Jouko Karvinen March 22, 2012
Jouko Karvinen March 22, 2012 35
Slide 36: Forward-looking statements
It should be noted that certain statements herein which are not historical facts. including. without limitation those regarding expectations for market growth and developments; expectations for growth and profitability; and statements preceded by “believes”. “expects”. “anticipates”. “foresees”. or