Arctic Paper reports Q3 loss and announces cost-cutting plan

Arctic Paper S.A. released its financial results for the third quarter of 2026, showing consolidated sales revenue of PLN 736.6 million. The company reported an operating loss (EBIT) of PLN 28.9 million and a net loss of PLN 21.8 million for the period, reflecting ongoing headwinds in the paper sector.

In response to the financial performance, Arctic Paper has initiated a cost-reduction program designed to lower annual expenses by PLN 18 million. These measures are expected to be fully implemented between 2027 and 2028, with the primary objective of restoring profitability.

Following the close of the quarter, the company’s Kostrzyn facility received PLN 34.3 million in public aid. The funding is intended to offset energy costs incurred during 2025, providing a necessary liquidity boost for the manufacturer.