Profil:
Arctic Paper SAArctic Paper's CAPEX in 2025 will amount to approx. PLN 290 mln, and in 2026 - less than PLN 190 mln
Listed packaging manufacturer Arctic Paper's capital expenditure in 2025 should amount to approximately PLN 290 million (EUR 68.1 mln), and next year - below PLN 190 million (EUR 44.6 mln), CEO Michal Jarczynski told a press conference. Earlier, the CEO announced that CAPEX in 2026 would amount to approximately PLN 150-170 million (EUR 35.2-39.9 mln)
"I still maintain that we have made significant changes to our investment plan. (...) In 2024, the group's total investments amounted to over PLN 420 million. This year, I think it will be around PLN 290 million, and in 2026 it should be even less than PLN 190 million, and this additional cash saved will be used primarily to improve the company's strong balance sheet," said Michal Jarczynski.
When discussing the results for the second quarter in August, the CEO indicated that capital expenditure in 2025 should reach a maximum of PLN 300 million (EUR 39.9 mln) across all business segments and approximately PLN 150-170 million (EUR 35.2-39.9 mln) in 2026.
The company's results for the third quarter are presented below:
| 3Q2025 | results | consensus | difference | y/y | q/q | YTD 2025 | y/y |
| Revenues | 796.2 | 797.0 | -0.1% | -2.8% | -4.5% | 2452.5 | -6.5% |
| EBITDA | 38.9 | 24.1 | 61.4% | -49.7% | . | 61.8 | -76.2% |
| EBIT | 4.5 | -7.8 | . | -90.5% | . | -93.8 | . |
| Attrib. net profit | 2.1 | 2.8 | -25.9% | -93.2% | . | -56.7 | . |
| EBITDA margin | 4.9% | 3.0% | 1.86 | -4.56 | 4.88 | 2.54% | -7.36 |
| EBIT margin | 0.6% | -1.0% | 1.54 | -5.24 | 11.18 | -3.83% | -10.42 |
| net magin | 0.3% | 0.4% | -0.10 | -3.49 | 9.26 | -3.52% | -8.52 |
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