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Arctic Paper - Q4 and full year 2018 results
Growth despite challenges in the graphic paper market

  • Sales revenue Q4 amounted to PLN 780,7m (EUR1 181,6m).
  • For the whole of 2018, sales revenue amounted to PLN 3158,2m (EUR1 741,1m).
  • EBITDA Q4 was PLN 3,0m (EUR1 0,7m). EBITDA for 2018 was PLN 223,5m (EUR1 52,4m).
  • EBIT Q4 was PLN -21,4m (EUR1 -5,0m). For 2018, EBIT was PLN 130,7m (EUR1 30,7m).
  • The Management Board proposes no dividend for 2018.
  • Decision to close one paper machine (PM7) in Grycksbo, provisions of PLN 8 m made in Q4.
  • Michal Jarczyński was appointed CEO of Arctic Paper S.A.
  • Launch of G-snow in early 2019 – a new, ultra-white, high-quality coated paper.
  • In March 2019, Arctic Paper signed a 15-year contract with Adven AB, which will design, own and operate a biomass boiler with a capacity of 30 MW at Arctic Paper Munkedals. This ensures lower, stable and predictable energy costs and reduces CO2-emissions.

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Источник: Press-release

22.03.2019

Союз предприятий печатной индустрии

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