Arctic Paper S.A. Q4, 2023 - preliminary results*: Strengthened positions in uncertain times

  • Q4 sales revenue amounted to PLN 825,9mn (EUR1181,8mn).
  • EBITDA Q4 was PLN 96,3mn (EUR1 21,2mn) and the EBITDA margin 11,7 percent.
  • FY 2023 sales revenue amounted to PLN 3 549,2mn (EUR1781,1mn).
  • EBITDA FY 2023 was PLN 475,3mn (EUR1 104,6mn) and the EBITDA margin 13,4 percent.
  • Economic uncertainty still affected the market but early signs of recovery.
  • Financing agreement signed for biomass plant and wood pellets production in Grycksbo.
  • Management Board will recommend a dividend of PLN 1.0 per share (2.70).

*The entire audited report FY2023 will be published on April 4th.


“Arctic Paper will continue to drive our strategic diversification in energy and packaging, while maintaining our strong positions in paper and pulp.”  Michal JarczyƄski, CEO (see letter from the CEO on page 2)


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15 February, 2024