ARCTIC PAPER GROUP IN 1Q 2014

FURTHER IMPROVEMENT IN FINANCIAL RESULTS

The Arctic Paper Group generated satisfactory financial results in the 1st quarter of 2014. EBITDA was PLN 48.4m (an increase of 49.5%), net profit amounted to PLN 8.9m (compared to a loss of PLN 6m a year earlier), while sales revenue decreased (due partly to closure of one paper machine last summer) by 2.2%, to PLN 804.5m.

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Thursday, 15 May, 2014