Business
ATC: Lower Q1 sales and EBITDA prompt cost cuts, CapEx reduction, and dividend suspension
ATC: Lower Q1 sales and EBITDA prompt cost cuts, CapEx reduction, and dividend suspension
About this update from Arctic Paper S.a.
Q1 2025 saw lower sales and EBITDA year-over-year due to weak demand, high wood costs, and currency headwinds. CapEx is being reduced, cost-saving measures are underway, and no dividend will be paid for 2024 as the company focuses on financial stability.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.