Arctic Paper (WSE: ATC)

Last close As at 16/07/2024

PLN22.28

−0.46 (−2.02%)

Market capitalisation

PLN1,544m

Based in Poland, Arctic Paper is a paper producer (one of the leading producers of graphical paper in Europe) with three paper mills located in Poland and Sweden (with capacity of c 685,000 metric tonnes of paper per year). Its majority ownership of Rottneros (51%) complements the company’s portfolio with pulp, partly produced for its own paper products.

Latest Insights

View More

Industrials | Update

Arctic Paper — FY23 focused on margin management

Industrials | edison tv

Arctic Paper – executive interview

Industrials | Update

Arctic Paper — Resilient FY23 masked by record comparator

Industrials | Update

Arctic Paper — Advancing into new revenue streams

Sector

Industrials

Equity Analyst

Andy Murphy

Andy Murphy

Director, Financials & Industrials

Key Management

  • Katarzyna Wojtkowiak

    Chairman

  • Michal Jarczyński

    CEO

Share Price Performance

Price Performance
% 1M 3M 12M
Actual 2.8 6.6 21.2
Relative (0.2) 2.6 3.7
52 week high/low 24.4gr/13.9gr

Financials

Arctic Paper’s FY23 results highlight the resilience of its business model in a year of cyclical weakness. Management successfully focused on margins, which were broadly protected through the implementation of cost containment measures and adjusting capacity to match demand. The FY23 EBITDA margin stood at 13%, substantially higher than the historical average of 10%. The cash flow and balance sheet remained strong with net cash of PLN348m, an increase from the FY22 level (PLN276m).

Research

Further insights

insight

Industrials

Arctic Paper: EKF 2023 QuickView

Concept of energy storage unit consisting of multiple conected containers with batteries. 3d rednering.

thematic

Industrials

Battery energy storage

thematic

Consumer

IPO apocalypse

thematic

TMT

ESG, moving beyond the box tick

thematic

Industrials

A new paradigm for space

thematic

Industrials

The emergence of mega-constellations

thematic

Industrials

Internet in the sky

thematic

Industrials

Truth creates light

thematic

Industrials

All-seeing eye in the sky

thematic

Consumer

Circular economy business models

thematic

Industrials

BayWa – Focus on sustainability

thematic

Industrials

Investment themes: IPO boom in London

thematic

Industrials

The circular economy

thematic

Industrials

EV outlook #1 – Growth, policy and net zero

thematic

Industrials

Water – The real liquidity crisis

thematic

Industrials

Greece – Changing the narrative

thematic

Consumer

Illuminator: August Update

thematic

Industrials

Renewables rising – Sector primer

thematic

Consumer

Deutsche Börse Eigenkapitalforum 2014 Research Guide

thematic

Industrials

German Mittelstand Conference

thematic

Industrials

German industrials spotlight: Sand in the gears

thematic

Industrials

German industrials spotlight: Industrial machinery

thematic

Industrials

German industrials: Global ambitions

thematic

Industrials

DSEi: Feedback and thoughts