FURTHER IMPROVEMENT IN FINANCIAL RESULTS
The Arctic Paper Group generated satisfactory financial results in the 1st quarter of 2014. EBITDA was PLN 48.4m (an increase of 49.5%), net profit amounted to PLN 8.9m (compared to a loss of PLN 6m a year earlier), while sales revenue decreased (due partly to closure of one paper machine last summer) by 2.2%, to PLN 804.5m.
THURSDAY, 15 MAY, 2014