Nine Dragons increases sales and profit in 2021

For Mondi, 2022 was a successful and eventful year. The Russian invasion of Ukraine, expensive energy, limited wood deliveries, pressure exerted by inflation and the slowdown of demand that set in from the second half of the year numbered among the manifold challenges confronting the group. But even excluding the large...

Belgium’s VPK Group reports its 2021 sales rose by 28 per cent over the previous year to reach €1.75bn. Owing to cost pressure Ebitda grew at a more modest pace of 7 per cent, coming in at €212m. Net operating profit of €88m was stable in the reporting year, which was characterised by increasing raw material and energy...

In the first quarter of 2023 Artic Paper faced a more hesitant market, with demand at lower levels than in 2022. The company reports that quarterly figures were therefore lower, but still stronger than in the fourth quarter of 2022. Consolidated net sales remained at PLN1.03bn (Q1 2022: PLN1.11bn) and Ebitda at...