Arctic Paper S.A. provided earnings guidance for the second quarter of 2023. The company expected an EBITDA result for the second quarter of 2023 in the range of PLN 60- PLN 70 million, which is lower than current market estimates. The lower result is due to a significantly lower revenue of PLN 836 million (1,296); this in turn is due to the general economic slowdown and customers destocking.

Arctic Paper focuses on margins and has adapted production with a high degree of cost efficiency to meet the weaker market.