Arctic Paper S.A. Q4, 2022 - preliminary results*: The best year in the Group’s history
financial results
Arctic Paper S.A. Q4, 2021 - preliminary results
- Q4 sales revenue amounted to PLN 953,5mn (EUR1 208,8mn).
- EBITDA Q4 was PLN 69,2mn (EUR1 15,2mn) and the EBITDA marginal 7,3 percent
- FY 2021 sales revenue amounted to PLN 3412,6mn (EUR1 747,2mn).
- EBITDA FY 2021 was PLN 327,8mn (EUR1 71,8mn) and the EBITDA margin 9,6 percent
- Record-strong demand for paper; active measures to optimise income per machine hour.
- Preparation for the construction of a 17 MW solar power plant in Kostrzyn has begun.
- New Managing Director of Arctic Paper’s paper production in Sweden appointed.
Arctic Paper S.A., Q3 2021: Strong demand and growing revenues
- Q3 consolidated sales revenue was PLN 889.7mn (EUR1 195.6mn).
- EBITDA Q3 was PLN 102.1mn (EUR1 22.4mn).
- EBIT Q3 was PLN 72.8mn (EUR1 16.0mn) and net profit PLN 53.4mn (EUR1 11.7mn).
- Combination of pulp and paper continues to stabilise results as fluctuations offset each other.
- Strong quarter with paper production on record-high and the order books are full for the year.
- New group strategy for 2030 adding packaging & power using existing strengths.
Södra posts strong result – bolstered by market conditions
Södra posted a strong result for the first half of 2021. The result is due to a robust market for Södra’s core products, combined with high levels of production in Södra’s mills.
The Södra Group’s net sales for the first half of 2021 rose 18 percent to SEK 13,019 million (10,993). Operating profit totalled SEK 1,873 million (449) and return on capital employed was 18 percent (4). The equity ratio was 59 percent.
Operating profit for the second quarter totalled SEK 1,326 million (221). Sales for the quarter amounted to SEK 7,287 million (5,416).
Stora Enso sets new financial targets
Stora Enso has updated its strategy and certain financial targets, to support the Group’s focus on growth and value creation. The updated strategy and financial targets will be presented in Stora Enso’s Capital Markets Day online today. The presentations will cover the Group’s three focus areas for growth, market growth drivers, the recent forest fair value change and new selective capital allocation.
Södra delivers stable result in current market conditions
The current market conditions had a significant impact on Södra’s operating profit in the third quarter. Despite higher year-on-year delivery volumes for Södra’s core products, the price formation for market pulp was weaker. For the third quarter, Södra’s sales amounted to SEK 4,925 million (5,391) and operating profit to SEK 93 million (512). For the first nine months of the year, operating profit totalled SEK 541 million (2,520). Return on capital employed was 3 percent (16) and the equity ratio was 57 percent.
Arctic Paper S.A., Q2/H1 2020: Strengthened position on a Corona-affected market
• Q2 consolidated sales revenue was PLN 616.0mn (EUR1 139.5mn).
• EBITDA in Q2 was PLN 48.0mn (EUR1 10.9mn).
• EBIT in Q2 was PLN 24.2mn (EUR1 5.5mn) and net profit PLN 10.8mn (EUR1 2.4mn).
• EBIT in H1 was PLN 103.9mn (EUR1 23.5mn) and net profit PLN 73.1mn (EUR1 16.55mn).
• The combination of pulp and paper makes the Group more resilient in challenging times.
Voith Group’s results remain solid in the first half of the fiscal year 2019/20
The Voith Group continued to show solid results in the first six months (October 2019 through end of March 2020) of the current fiscal year 2019/20, despite a very challenging market environment. Voith’s figures were negatively affected beginning late March by the COVID-19 pandemic, which first appeared in China – one of Voith’s important markets – before spreading around the world towards the end of the reporting period.
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.