Arctic Paper S.A., Q2/H1 2021: Focus on growth in sustainable packaging

  • Q2 consolidated sales revenue increased to PLN 786.6mn (EUR1 173.3mn).
  • EBITDA in Q2 was PLN 84.2mn (EUR1 18.5mn).
  • EBIT in Q2 was PLN 54.5mn (EUR1 12.0mn) and net profit PLN 35.6mn (EUR1 7.8mn).
  • The combination of pulp and paper strengthen the Group as the economic recovery continues.
  • Debt reduced by one third to PLN 152.6mn (PLN 221.8mn).
  • 242 percent volume growth in packaging paper during H1/2021 compared with H1/2020.
  • Product launches within sustainable packaging expands our range to new application areas .
  • Dividend of PLN 0.30 (PLN 0.20) per share paid in July, after the period.

 

“During the period we have seen a continued recovery in demand and more favourable market
conditions.”
Michał Jarczyński, CEO (see letter from the CEO on page 2)

 

Download press release

17 August, 2021