Arctic Paper

Arctic Paper rapporterade en minskning i försäljningsintäkter och vinst för tredje kvartalet 2024 jämfört med samma period förra året, med intäkter på 819,3 miljoner PLN och en nettoresultat på 36,6 miljoner PLN. Trots den ekonomiska nedgången i Europa och lägre efterfrågan, har företagets finansiella ställning förblivit stark med en låg nettoskuld/EBITDA-kvot. Arctic Paper fokuserar på att balansera kapacitetsutnyttjande och marginaler, och har startat en utbyggnad av en solcellsanläggning i Kostrzyn. Företaget fortsätter att diversifiera sin verksamhet med investeringar i förnybar energi och förpackningslösningar.

In the third quarter of 2024, Arctic Paper reported consolidated sales revenue of PLN 819.3 million and an EBITDA of PLN 77.3 million. The company's EBIT was PLN 47.5 million, with a net profit of PLN 36.6 million. The group focused on balancing capacity usage and margins. During the quarter, Arctic Paper began a 9.6 MW expansion of its PV farm in Kostrzyn. The company's net debt was PLN -27.5 million, with a net debt/EBITDA ratio of -0.08. The CEO, Michal Jarczyński, noted that the recovery in key markets might take time, and the current market situation is expected to persist throughout the year. The paper segment saw reduced demand due to economic downturns in Germany and Poland, resulting in lower revenue and EBITDA. The pulp segment, Rottneros, showed stable revenue and results despite rising raw material costs. The company is investing in energy and packaging, including a new molded fiber tray production in Kostrzyn and a PV farm expansion. Arctic Paper aims to diversify its business with a focus on sustainable energy and higher-margin segments.

The Management Board of Arctic Paper S.A. has released the consolidated quarterly report for the Arctic Paper SA Capital Group for the third quarter of 2024. The report includes selected consolidated financial data and standalone financial data. Income and cash flow statement items are converted using the arithmetic mean of average exchange rates announced by the NBP during the reporting period, while balance sheet items and book value per share are converted using the average exchange rate announced by the NBP on the balance sheet date. An attachment, 11063347.pdf, is included with the report.

Arctic Paper S.A. kommer att presentera sina siffror för det tredje kvartalet 2024 den 12 november klockan 13.00 via Finwire. Presentationen kommer att ledas av företagets VD Michal Jarczyński och CFO Katarzyna Wojtkowiak. Det kommer att finnas tid för frågor klockan 13.20. För mer information kan man kontakta HR-chefen Mats Frostne via e-post. En länk till presentationen finns tillgänglig.

The Management Board of Arctic Paper S.A. announced that the subsidiary Rottneros AB, listed on NASDAQ Stockholm, released its interim 3Q 2024 report on October 23, 2024. The report shows revenues of 2,084 million SEK, EBITDA of 169 million SEK, and a net result of 48 million SEK. In PLN, these figures are 787 million in revenues, 64 million in EBITDA, and an 18 million net result. These results are expected to significantly impact the consolidated interim 3Q 2024 results of the Arctic Paper Group. The disclosure is made under Article 17 Section 1 of the EU Market Abuse Regulation and was published on October 23, 2024, at 8:05 am CET, related to Arctic Paper’s report to the Warsaw Stock Exchange. Further information can be obtained from Michał Jarczyński, President of the Management Board of Arctic Paper.

Arctic Paper S.A. reported its Q2 2024 financial results, highlighting consolidated sales revenue of PLN 839.2 million and adjusted EBITDA of PLN 78.4 million. The company noted a net profit of PLN 24.2 million and a net debt of PLN -142.1 million. A dividend of PLN 1.0 per share was distributed, and a 17 MW PV-farm expansion in Kostrzyn was completed, with plans for an additional 9 MW in Q1 2025. Ongoing reorganization of sales and customer service is expected to save PLN 15 million annually by 2025. The quarter was impacted by slow recovery in European markets and high raw material prices. The paper segment saw revenues of PLN 573.1 million, while the pulp segment, Rottneros, reported net sales of SEK 711 million. Investments in green energy and modernization are part of the company's long-term strategy to diversify its operations. The financial calendar for Q3 2024 is set for November 7th.

Arctic Paper S.A. rapporterade sina finansiella resultat för andra kvartalet 2024. Företagets konsoliderade försäljningsintäkter uppgick till 839,2 miljoner PLN, och justerad EBITDA var 78,4 miljoner PLN. EBIT uppgick till 41,8 miljoner PLN och nettoresultatet var 24,2 miljoner PLN. Företaget hade en nettoskuld på -142,1 miljoner PLN och delade ut en utdelning på 1,0 PLN per aktie. Under kvartalet avslutade Arctic Paper en 17 MW-utbyggnad av sin solcellsanläggning i Kostrzyn och planerar att addera ytterligare 9 MW i början av 2025. En omorganisation av försäljning och kundservice pågår, vilket förväntas spara 15 miljoner PLN årligen från och med 2025. Engångskostnader relaterade till omstruktureringen belastade EBITDA med 8 miljoner PLN. Papperssegmentet hade intäkter på 573,1 miljoner PLN, medan massasegmentet, representerat av Rottneros, visade förbättrade resultat med en nettoomsättning på 711 MSEK och ett EBITDA-resultat på 65 MSEK. Arctic Paper fortsätter att investera i förnybar energi och planerar ytterligare utbyggnader för att nå klimatneutralitet. VD Michal Jarczyński betonade att företaget är väl förberett för att dra nytta av marknadsrelaterade möjligheter genom framåtblickande investeringar, kostnadsmedvetenhet och fokus på marginaler. Nästan hälften av investeringarna under första halvåret allokerades till energi- och förpackningsprojekt, i linje med företagets 4P-strategi.

The Management Board of Arctic Paper S.A. announced that on September 5, 2024, they received a notification from Mr. Thomas Onstad, a Member of the Supervisory Board, and Nemus Holding AB, regarding transactions made on the company's shares on September 4, 2024. This notification complies with Article 19(1) of the MAR Regulation. The detailed notification is attached. The legal basis for this disclosure is Article 19, Section 3 of Regulation (EU) No. 596/2014 on market abuse. Further information can be obtained from Michał Jarczyński, President of the Management Board, at (+48) 73 033 98 17. This information was published on September 6, 2024, at 12:45 pm CET, in reference to Arctic Paper’s current report no. 21/2024 filed with the Warsaw Stock Exchange.

The Management Board of Arctic Paper S.A. announced that on August 30, 2024, the company received a notification from shareholder Mr. Thomas Onstad regarding a change in the ownership of the company's shares by a subsidiary of Nemus Holding AB. This notification complies with Article 69, section 2, point 2 of the Act on Public Offering. The detailed notification is attached. The information was provided by Michał Jarczyński, President of the Management Board, and disclosed according to Article 70, section 1 of the Act on Public Offering, related to the purchase or sale of a significant block of shares. The announcement was submitted for publication on August 30, 2024, at 7:35 pm CET, in connection with Arctic Paper's current report no. 20/2024 filed with the Warsaw Stock Exchange.