ARCTIC PAPER GROUP IN FIRST HALF OF 2016: CONTINUED STABLE RESULTS, WITH IMPROVED EBITDA

In the 1st half of 2016 the results of Arctic Paper Group confirmed that the chosen strategy continues to deliver. Consistent improvement of the results is proven by, not least, EBITDA being up by 14.9% (from PLN 116.9m to PLN 134.4m), compared to the same period of 2015. For the same period revenues were 2.8% higher and amounted to PLN 1.5bn.
During Q2 2016 Arctic Paper Group raised the EBITDA result of the paper business to PLN 29.4m, an improvement of PLN 29.2m compared to Q2 2015. EBITDA for the first half-year improved by PLN 34.0m, to PLN 60.2m, compared to the same period of 2015.

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Monday, 29 Aug, 2016