Arctic Paper’s profits still high, outlook more uncertain

Arctic Paper Group closed the third quarter and the first nine months of the current financial yearwith significantly higher results than last year and record sales. The group achieved an Ebitda of PLN298.2m in the third quarter, almost tripling the previous year’s figure. Operating profit grew even stronger from...

The first quarter of 2023 was not an easy one for the Norwegian producer of publication and packaging paper, Norske Skog. With sales down by approximately 8 per cent to NOK3.32bn, the group still posted a 10 per cent increase in Ebitda to NOK675m. However, the company’s operating profit of NOK85m was merely a fraction...

Austria-based Mayr-Melnhof group (MM) got off to a far more subdued start in the first quarter of its current fiscal year than in 2022. In its quarterly report, the group attributes this fact to poor demand caused by inflation and well-filled customer inventories. This applies above all to the MM Board & Paper...