Arctic Paper S.A., Q3 2022: Strong sales and continued high profitability
• Q3 consolidated sales revenue increased to PLN 1 402.1mn (EUR[1] 300.0mn).• EBITDA Q3 was PLN 298.2mn (EUR[\1\] 63.8mn).• EBIT Q3 was PLN 259.6mn (EUR1 55.5mn) and net profit PLN 281.5mn (EUR[1] 60.2mn).• Net profit per share reached PLN 3,20 (EUR[1] 0,69).• Revenues at an all-time high and strong results for both pulp and paper.• The new flexible multifuel boiler in Munkedal went into operation in September.• Group Business developer for the energy segment appointed.• Record strong balance sheet – net debt/EBITDA ratio at -0,22 [1]Arctic Paper S.A.