Arctic Paper S.A. Q3 2019: Stable result in a challenging market
During the third quarter of 2019, the Arctic Paper Group reached a turnover of PLN 794.4 million (compared to PLN 816.5 million in Q3 2018) with an EBITDA of PLN 71.5 million (vs PLN 82.0 million). On the consolidated level, the result remains relatively stable: while pulp prices fell during the period, market conditions for paper improved. The combination stabilizes our results as the fluctuations offset each other.