Brief: Arctic Paper Adopts Strategy for 2022-2030

Arctic Paper SA

05/10/2021 06:51

Oct 5 (Reuters) - Arctic Paper SA  ATC.WA :
    * IT SAID ON MONDAY IT HAS ADOPTED STRATEGY FOR 2022-2030 
    * UNDER STRATEGY THE COMPANY PLANS TO ACCELERATE ITS
TRANSFORMATION INTO MORE DIVERSE COMPANY
    * KEY STRATEGIC FOCUS POINTS WILL BE GRAPHIC PAPER,
CELLULOSE, AS
WELL AS TWO NEW BUSINESS AREAS - PACKAGING AND ENERGY
    * MAIN STRATEGIC GOALS UNTIL 2030 ARE INCREASE OF REVENUE BY
25%,
INCREASE OF EBITDA BY ABOUT 70%, INCREASE OF EBITDA MARGIN TO
15%
    * TOTAL ESTIMATED VALUE OF INVESTMENTS IN 2022-2030 IN ALL
FOUR
SEGMENTS AMOUNTS TO MORE THAN 1,5 BLN ZLOTYS, OUT OF WHICH ABOUT
40% WILL BE SPEND ON NEW SEGMENTS
    * THE GROUP PLANS TO ACHIEVE CARBON NEUTRALITY BY 2035 THE
LATEST

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM5JQX9Pa
 Further company coverage:  ATC.WA  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))