Arctic Paper Full Year 2023 Earnings: EPS: zł3.57 (vs zł9.11 in FY 2022)

Arctic Paper (WSE:ATC) Full Year 2023 Results

Key Financial Results

• Revenue: zł3.55b (down 28% from FY 2022).
• Net income: zł247.1m (down 61% from FY 2022).
• Profit margin: 7.0% (down from 13% in FY 2022). The decrease in margin was driven by lower revenue.
• EPS: zł3.57 (down from zł9.11 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Arctic Paper Earnings Insights

Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Forestry industry in Europe.

Performance of the market in Poland.

The company's shares are up 1.2% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Arctic Paper (at least 1 which doesn't sit too well with us), and understanding these should be part of your investment process.

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