• Q3 consolidated sales revenue was PLN 889.7mn (EUR16mn).
  • EBITDA Q3 was PLN 102.1mn (EUR14mn).
  • EBIT Q3 was PLN 72.8mn (EUR10mn) and net profit PLN 53.4mn (EUR1 11.7mn).
  • Combination of pulp and paper continues to stabilise results as fluctuations offset each other.
  • Strong quarter with paper production on record-high and the order books are full for the year.
  • New group strategy for 2030 adding packaging & power using existing strengths.
  • LOI signed with Rottneros to invest in sustainable fibre tray production in Kostrzyn.

"Arctic growth will be built on four pillars: paper, pulp, packaging, and power. A first step in this direction was taken at the end of October when Arctic Paper and Rottneros signed a letter of intent to develop a moulded tray factory in Arctic Paper's premises in Kostrzyn."

Michał Jarczyński, CEO (see letter from the CEO on page 2)

Download press release

Attachments

  • Original document
  • Permalink

Disclaimer

Arctic Paper SA published this content on 09 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2021 16:54:16 UTC.