ARCTIC PAPER GROUP IN THE 1ST QUARTER OF 2015: CONTINUED SALES GROWTH, PROVISION FOR PAPERLINX RECEIVABLES IMPACTS FINANCIAL RESULTS

In the 1st quarter of 2015 the Arctic Paper Group generated good financial results compared to those from a year before. EBITDA was PLN 68.8m (growth of 42.2% compared to 1Q 2014), operating profit was over PLN 37.6m (up 94.6% in comparison to 1Q 2014), and net profit was PLN 12.8m (growth by 44.2%, as compared to 1Q 2014). Sales revenues in 1Q 2015 reached PLN 836.2m, as compared to PLN 804.5m in 1Q 2014 (up 3.9% in comparison to 1Q 2014).

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Wednesday, 13 May, 2015