Arctic Paper S.A. Q4, 2020 - preliminary results*: Good results and strengthened position in turbulent times
• Q4 sales revenue amounted to PLN 714,7mn (EUR[1] 160,8mn).• EBITDA Q4 was PLN 25,1mn (EUR[1] 5,6mn) and the EBITDA marginal 3,5 percent• FY 2020 sales revenue amounted to PLN 2847,5mn (EUR[1] 640,6mn).• EBITDA FY 2020 was PLN 271,4mn (EUR[1] 61,6mn) and the EBITDA margin 9,5 percent• Paper & Pulp – a resilient combination providing a balanced development over time.• Strong consolidated result: net debt/EBITDA ratio reduced to 0,49 (0,57).• Strengthened market position and recovery in paper production and sales during Q4.• Increased investments in sustainable energy: hydro