ARCTIC PAPER GROUP SHOW FAVOURABLE RESULTS IN Q3 AND FOR THE FIRST THREE QUARTERS 2014.
The financial results of Arctic Paper Group for the 3rd quarter of 2014 kept the pace established during 2014, with a net result of PLN 34,4 m, EBITDA of PLN 82,6 m and revenues of PLN 785,2 m.
Through the year to date Arctic Paper Group has generated a total net profit of PLN 56,8 m compared to a loss of PLN -113,2 m for the same period in 2013*. The Group’s YTD EBITDA of PLN 183,8 m was an increase of PLN 124,5 m (+ 210 %) compared to the figures of the first three first quarters of 2013. The total sales revenues for the year to date reached PLN 2,343,6 m which compares to the 2013 YTD revenues of PLN 2,370,0 m.
The steady, constructive and daily internal improvements made by the Group continue to show effects. Besides these, external factors such as pulp prices and exchange rates have had continued impact on the result of the third quarter.
Friday, 14 Nov, 2014