Arctic Paper S.A., Q1 2022: Best quarterly group results in challenging times
· Q1 consolidated sales revenue was PLN 1 110,8mn (EUR[1] 240,1mn). · EBITDA Q1 was PLN 205,7mn (EUR[1] 44,5mn). · EBIT Q1 was PLN 176,1mn (EUR[1] 38,1mn) and net profit PLN 146,4mn (EUR[1] 31,6mn). · Strong demand, and price increases offset rising costs for raw material, energy, and logistics. · High-capacity utilization (99 %) requires active management of the output of paper production. · Additional steps taken to diversify in green energy and packaging in line with 4P strategy.[1]Arctic Paper S.A. reports in PLN. In the English press release, the amounts above were