New data Arctic Paper Group has announced that the company had consolidated sales revenues of some PLN 965.4 million (US$246.6 million) in the first quarter of 2024. This represented a decrease of about 6.5 percent compared with the first three months of 2023.
“The first quarter came in with lower sales and profit than for the comparison quarter. At the same time, the consolidated result was stronger than for the consecutive quarter,” said Michał Jarczyński, the firm’s chief executive, as quoted in a statement.
Arctic Paper Group comprises parent company Arctic Paper S.A., Arctic Paper mills and pulp producer Rottneros AB, in which Arctic Paper S.A. has a 51 percent stake.