In the 3rd quarter of 2017 the Arctic Paper Group generated sales revenue of nearly PLN 735.9m. EBITDA was PLN 70.8m and operating profit PLN 38.5m. The Group’s net profit on continuing operations in Q3 2017 was PLN 25.6m. The weaker results of Arctic Paper in the 3rd quarter were due primarily to the effect of a further increase in pulp prices which has not been fully offset yet by higher paper prices. The result was also affected by the planned stoppage at the Arctic Paper Kostrzyn plant for 12 days in July of this year, connected with an investment to increase the production efficiency at that plant. Per Skoglund, CEO of Arctic Paper, commented: “The decline in profit is mainly due to continued high pulp prices, which we will not be able to fully compensate for by price increases during 2017. On top of that, a planned investment stoppage in Arctic Paper Kostrzyn affected sales and profit during the period. The investment in increased production efficiency will have a future positive impact and strengthen our ability to serve our customers in a competitive way.” Click Read More below for additional information.
As a global supplier of specialty industrial paper products, Ahlstrom-Munksjö focuses on innovative solutions that meet the needs of our customers and the diverse markets we serve. Ahlstrom-Munksjö’s wide range of specialty papers for the building and construction industry, known as Insu-Gard®, are high quality and durable for any end use.
Natural MG Papers provide a smooth surface for lamination to foil or in Foil/Scrim Kraft (FSK) Building and Construction applications. Ahlstrom-Munksjö also offers extensible kraft papers (XKL®), which provide maximum strength and stretch prop¬erties for the most demanding converting applications. All Insu-Gard® Building and Construction papers can be produced utilizing innovative Flame-Gard® surface coatings which provide flame-resistance for both metal and non-metal contact.
“Ahlstrom-Munksjö offers the widest breadth of building and construction papers in the industry,” commented Robyn Buss, Vice President of Ahlstrom-Munksjö’s North America Specialty Solutions business area. “Insu-Gard® provides our customers with not only innovative solutions, but the diversity of applications necessary for these markets.”
Staying committed to Ahlstrom-Munksjö’s sustainability initiatives, Insu-Gard® papers can be produced with bleached or trulyNatural® fibers and blended fibers. Insu-Gard® papers are produced at Ahlstrom-Munksjö’s North America Specialty Solutions plants based in Wisconsin, USA.