Arctic Paper S.A. Q4, 2021 - preliminary results*: Strong result and positive outlook for both pulp and paper

  • Q4 sales revenue amounted to PLN 953,5mn (EUR1 208,8mn).
  • EBITDA Q4 was PLN 69,2mn (EUR1 15,2mn) and the EBITDA marginal 7,3 percent
  • FY 2021 sales revenue amounted to PLN 3412,6mn (EUR1 747,2mn).
  • EBITDA FY 2021 was PLN 327,8mn (EUR1 71,8mn) and the EBITDA margin 9,6 percent
  • Record-strong demand for paper; active measures to optimise income per machine hour.
  • Preparation for the construction of a 17 MW solar power plant in Kostrzyn has begun.
  • New Managing Director of Arctic Paper’s paper production in Sweden appointed.
  • After the period: decision to invest in moulded tray factory together with Rottneros.
  • Management Board will recommend a dividend of PLN 0.40 per share.

 

*The entire audited report FY2021 will be published on March 22.

 

“Solid results, a strong cash flow and nearly full production in graphical paper and pulp give us a resilient foundation as we continue to diversify and invest in packaging and renewable energy .”

Michal JarczyƄski, CEO (see letter from the CEO on page 2)

 

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17 February, 2022