Arctic Paper S.A. (ARP) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome all to this presentation where Arctic Paper presenting the interim report for Q3 2025. I am Fredrik Hansson from Finwire. With us today is Michael and Katarzyna. Michael, the audience is yours. Good afternoon. It's a pleasure to present to you the summary of the results and the situation of Arctic Paper Group for the third quarter of 2025. I will firstly present to you the summary of financial results for the third quarter. The net sales amounted close to 800 million zlotys, which is slightly lower in comparison to the same quarter of the previous year. The main reason for that was some drop in paper prices and also in pop prices, but also it was accompanied with some lower currency effects. The EBITDA for the third quarter amounted close to 39 million zlotys, which was somehow lower than the similar quarter of 2024. On the other hand, it was much higher than in the second quarter of this year and slightly higher than in Q1 of the year. It proves that the company operates pretty stably in this difficult environment. Net debt to EBITDA was somehow higher in comparison to last year. The main reason was spending of cash to support the Rottner's share issue and also somehow increased loans. I would like to present you some flavor regarding the market environment during the pandemic. Q3 2025. Still, there's a low demand for the pulp paper and packaging product, not only in Europe, but across the world. And it seems that the situation probably will not improve before the end of this year. Unfortunately, regarding the paper segment, we are still affected by very high wood prices in Scandinavia. but there are some positive signals since few weeks we already noticed some kind of stabilization and even first signals of correction regarding the prices due to low demand ...