Arctic Paper S.a. · GPW:ATC

Arctic Paper — Q1 2016 Earnings Presentation

17 slides from Arctic Paper's earnings presentation, 2016

  1. Slide 1: Arctic Paper Group Results for Q1 2016

    Arctic Paper Group Results for Q1 2016 Per Skoglund, CEO Arctic Paper Małgorzata Majewska-Śliwa, CFO Arctic Paper

  2. Slide 2: Disclaimer

    Arctic Paper Page 2 Disclaimer Please read the information below carefully This presentation (the ‘Presentation’) was prepared by Arctic Paper S.A. (the ‘Company’) for information purposes only for use by investors, banks and the Company’s customers as well as market analysts and under no circumstan

  3. Slide 3: Agenda

    Arctic Paper Page 3 Agenda Market environment Operating and financial results Summary of Q1 2016

  4. Slide 4: Market environment

    Arctic Paper Page 4 Market environment

  5. Slide 5: Deliveries of fine paper

    Arctic Paper Page 5 Deliveries of fine paper Monthly deliveries of fine paper in Europe 1 200 Q1 2016 vs. Q1 2015 -4,3% 959 944 944 869  Uncoated woodfree down -4,5% 950 thousand metric tons  Coated woodfree down -4,0% 700  Arctic Paper volume down -4,5% 514 515 523 448 450 Q1 2016 vs. Q4 2015

  6. Slide 6: Fine paper prices

    Arctic Paper Page 6 Fine paper prices Graphic fine paper prices - German market 1000 Mar 2016 vs. Dec 2015  UWF segment average price change 0,8% 900 (Arctic Paper: -0,2%) EUR / ton 800  CWF segment average price change -0,5% (Arctic Paper: 3,4%) 700 Mar 2016 vs. Mar 2015  UWF segment average p

  7. Slide 7: Pulp prices

    Arctic Paper Page 7 Pulp prices Pulp PIX Indexes Europe Average price Q1 2016 compared to Q1 2015 1 100 700  NBSK (long fibre) 12,5% lower 906 922 926 931 932 600 871 880 900 861 USD / ton  BHKP (short fibre) 1,7% higher 853 837 839 500 803 789 821  Arctic Paper costs 8,9% higher (measured in PL

  8. Slide 8: Currency exposure

    Arctic Paper Page 8 Currency exposure EUR/PLN changes Average exch. rate Q1 2016 compared to Q4 2015 5,0 4,5  EUR/PLN +2,4% 4,0  EUR/SEK +0,3% 31/03 3,5 4,29  EUR/USD +0,7% 3,0 2012 2013 2014 2015 2016 Average exch. rate Q1 2016 compared to Q1 2015 EUR/SEK changes 12,0  EUR/PLN +6,2% 10,5  EU

  9. Slide 9: Operating and financial results

    Arctic Paper Page 9 Operating and financial results

  10. Slide 10: Production capacity and sales volume

    Arctic Paper Page 10 Production capacity and sales volume* Production and use of production capacity for all paper mills* Q1 2016 average use of production capacity: 100% 600 120%  5,8% higher than Q4 2015 Production in thousand tons 99% 98% 99% 100% % of nominal capacity 98% 95% 96% 97% 95% 450 9

  11. Slide 11: Paper sales revenue and revenue per ton

    Arctic Paper Page 11 Paper sales revenue and revenue per ton* Paper sales revenue* 800 589 568 579 590 579 590 541 522 555  Q1 2016 (PLN 590m) up 12,4% compared to Q4 600 540 535 524 542 525 507 504 498 Millions PLN 2015 400  Q1 2016 up 1,9% compared to Q1 2015 200 0 * AP Mochenwangen excluded fro

  12. Slide 12: Key consolidated figures

    Arctic Paper Page 12 Key consolidated figures Q1 Q4 Q1 Q1 2016 total revenues up +1,1% (PLN thousands) 2016 2015 2015 compared to Q1 2015 Paper sales volume (000' tonnes) 172 157 181 (+1,9% paper segment, -1,9% pulp Pulp sales volume (000' tonnes) 95 89 94 revenue). Revenues 778 560 710 408 771 103

  13. Slide 13: Q1 2016 Operating result and EBITDA (excluding Rottneros)

    Arctic Paper Page 13 Q1 2016 Operating result and EBITDA (excluding Rottneros) Q1 Operating result bridge Operating result for the Q1 2016 10,8m PLN  +14,7m PLN higher than Q4 2015  +4,0m PLN higher than Q1 2015 EBITDA evolution Q1 2016 EBITDA 30,8m PLN 31 26 56  +14,9m PLN higher than Q4 2015

  14. Slide 14: Q1 2016 Consolidated operating result and EBITDA (including Rottneros)

    Arctic Paper Page 14 Q1 2016 Consolidated operating result and EBITDA (including Rottneros) Q1 Operating result bridge Operating result for the Q1 2016 41,4m PLN  +47,0 m PLN higher than Q4 2015 Million PLN  -9,6 m PLN lower than Q1 2015 EBITDA evolution Q1 2016 EBITDA 70,7m PLN  +45,3m PLN hig

  15. Slide 15: Summary of Q1 2016

    Arctic Paper Page 15 Summary of Q1 2016

  16. Slide 16: Q1 2016 in brief

    Arctic Paper Page 16 Q1 2016 in brief Market environment: Favourable pulp prices BHKP, short fibre changes - average Q1 2016 -5,0% compared to Q4 2015 ( in Q1 2015 price 1,7% higher) and favourable changes for NBSK, long fibre –3,3% comparing Q1 2016 and Q4 2015;(in Q1 2015 price 2,5% lower); Graphi

  17. Slide 17: Thank you!

    Thank you! Per Skoglund, CEO Arctic Paper Małgorzata Majewska-Śliwa, CFO Arctic Paper

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