Based in Poland, Arctic Paper is a paper producer (one of the leading producers of graphical paper in Europe) with three paper mills located in Poland and Sweden (with capacity of c 685,000 metric tonnes of paper per year). Its majority ownership of Rottneros (51%) complements the company’s portfolio with pulp, partly produced for its own paper products.
Industrials |
Update
Industrials |
edison tv
Industrials |
Update
Industrials |
Update
Katarzyna Wojtkowiak
Chairman
Michal Jarczyński
CEO
% | 1M | 3M | 12M |
---|---|---|---|
Actual | (9.9) | (14.1) | (15.9) |
Relative | (3.2) | (4.5) | (11.8) |
52 week high/low | 24.4gr/16.7gr |
Arctic Paper’s FY23 results highlight the resilience of its business model in a year of cyclical weakness. Management successfully focused on margins, which were broadly protected through the implementation of cost containment measures and adjusting capacity to match demand. The FY23 EBITDA margin stood at 13%, substantially higher than the historical average of 10%. The cash flow and balance sheet remained strong with net cash of PLN348m, an increase from the FY22 level (PLN276m).
thematic
Industrials