Arctic Paper posts lower sales and profits for third quarter

摘要

Polish company Arctic paper posts lower profit earnings and sales for the third quarter of 2019. Falling pulp prices contrasted with stabilising paper prices in the reporting period, company president Michal Jarczyriski informed. Even though market conditions remain unfavourable, the company gained market share, not least due to restructuring of the company's sales organisation. Arctic paper pushed up machine utilisation rates in the third quarter to 96 per cent from 95 per cent in the previous year.