Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Arctic Paper Group consolidated quarterly report for Q3 2026

ARPRegulatory press release05.11.2026 klo 08.30

Download the release

he Management Board of Arctic Paper S.A. (hereinafter "Company") herewith

publishes the Arctic Paper SA Capital Group consolidated quarterly report for 3Q 2026.

Selected consolidated financial data

	Period from 01.01.2026 to 30.09.2026	Period from 01.01.2025 to 30.09.2025	Period from 01.01.2026 to 30.09.2026	Period from 01.01.2025 to 30.09.2025
	PLN `000	PLN `000	EUR `000	EUR `000
Continuing operations

Sales revenues	2 301 409	2 452 449	537 712	578 886
Operating profit (loss)	( 94 791)	( 93 831)	( 22 147)	( 22 148)
Gross profit (loss)	( 93 499)	( 123 723)	( 21 846)	( 29 204)
Net profit (loss) for the period	( 92 185)	( 100 012)	( 21 539)	( 23 607)
Net profit (loss) attributable to the shareholders of the Parent Entity	( 74 332)	( 56 761)	( 17 367)	( 13 397)

Net cash flows from operating activities	( 41 058)	24 970	( 9 593)	5 894
Net cash flows from investing activities	( 83 857)	( 223 018)	( 19 593)	( 52 642)
Net cash flows from financing activities	86 944	57 113	20 314	13 481
Change in cash and cash equivalents	( 37 970)	( 140 937)	( 8 872)	( 33 975)

Weighted average number of ordinary shares	69 287 783	69 287 783	69 287 783	69 287 783
Diluted weighted average number of ordinary shares	69 287 783	69 287 783	69 287 783	69 287 783
EPS (in PLN/EUR)	( 1,07)	( 0,82)	( 0,25)	( 0,19)
Diluted EPS (in PLN/EUR)	( 1,07)	( 0,82)	( 0,25)	( 0,19)

Mean PLN/EUR exchange rate*			4,28	4,24

	As at 30.09.2026	As at 31.12.2026	As at 30.09.2026	As at 31.12.2026
	PLN `000	PLN `000	EUR `000	EUR `000
Assets	2 671 004	2 676 408	611 606	632 721
Long-term liabilities	281 353	202 828	64 424	47 950
Short-term liabilities	750 735	776 136	171 903	183 484
Equity	1 638 915	1 697 441	375 278	401 286
Share capital	69 288	69 288	15 866	16 380

Number of ordinary shares	69 287 783	69 287 783	69 287 783	69 287 783
Diluted number of ordinary shares	69 287 783	69 287 783	69 287 783	69 287 783
Book value per share (in PLN/EUR)	0,02	0,03	0,01	0,01
Diluted book value per share (in PLN/EUR)	0,02	0,03	0,01	0,01

Declared or paid dividend (in PLN/EUR)	-	-	-	-
Declared or paid dividend per share (in PLN/EUR)	-	-	-	-

PLN/EUR exchange rate at the end of the period**			4,37	4,23

Selected standalone financial data

	Period from 01.01.2026 to 30.09.2026	Period from 01.01.2025 to 30.09.2025	Period from 01.01.2026 to 30.09.2026	Period from 01.01.2025 to 30.09.2025
	PLN'000	PLN'000	EUR'000	EUR'000

Sales revenues	38 633	58 868	9 026	13 895
Operating profit/(loss)	17 885	34 486	4 179	8 140
Gross profit/(loss)	9 059	34 049	2 117	8 037

Net profit/(loss) for the financial year	9 059	34 049	2 117	8 037

Net cash flows from operating activities	(68 731)	(124 729)	(16 059)	(29 442)
Net cash flows from investing activities	( 924)	(71 601)	( 216)	(16 901)
Net cash flows from financing activities	74 979	32 921	17 519	7 771
Change in cash and cash equivalents	5 325	(163 409)	1 244	(38 572)

Weighted average number of ordinary shares	69 287 783	69 287 783	69 287 783	69 287 783
Diluted weighted average number of ordinary shares	69 287 783	69 287 783	69 287 783	69 287 783
EPS (in PLN/EUR)	0,13	0,49	0,03	0,12
Diluted EPS (in PLN/EUR)	0,13	0,49	0,03	0,12
Mean PLN/EUR exchange rate*			4,2800	4,24
	As at 30 September 2026	As at 31 December 2025	As at 30 September 2026	As at 31 December 2025
	PLN'000	PLN'000	EUR'000	EUR'000

Assets	1 296 119	1 261 022	296 785	298 347
Long-term liabilities	52 832	34 055	12 097	8 057
Short-term liabilities	254 843	247 698	58 354	58 603
Equity	988 444	979 269	226 334	231 686
Share capital	69 288	69 288	15 865	16 393
Number of ordinary shares	69 287 783	69 287 783	69 287 783	69 287 783
Diluted number of ordinary shares	69 287 783	69 287 783	69 287 783	69 287 783
Book value per share (in PLN/EUR)	14,27	14,13	3,27	3,34
Diluted book value per share (in PLN/EUR)	14,27	14,13	3,27	3,34

Declared or paid dividend (in PLN/EUR)	-	-	-	-
Declared or paid dividend per share (in PLN/EUR)	-	-	-	-

PLN/EUR exchange rate at the end of the period**	0,00	0,00	4,37	4,23

* Items of the income and cash flow statement are converted at the exchange rate which is the arithmetic mean of average rates announced by the NBP in the given reporting period.

** Items of balance sheet and book value per share were converted at the average exchange rate announced by the NBP and prevailing at the balance sheet date.