A satisfactory result in a challenging market environment

  • Q1 sales revenue amounted to PLN 789,7mn (EUR1 188,9mn).
  • EBITDA Q1 amounted to PLN 71,2mn (EUR1 17,0mn).
  • EBIT Q1 was PLN 47,2mn (EUR1 11,3mn). 
  • Continued high pulp prices affected the result of the period. 
  • Decision was taken to invest PLN 29m (EUR 7m) in an expansion of the hydro power plant at the Munkedal mill.
  • New strategy for the paper segment being implemented to reach the financial goal of EBIT 10 percent by 2022.

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Monday, 14 May, 2018