Brief: Arctic Paper: FY 2017 Gross Result To Be Affected By One-Offs

Arctic Paper SA

05/04/2018 09:10

April 5 (Reuters) - ARCTIC PAPER SA  ATC.WA :
    * SAID ON WEDNESDAY THAT THE COMPANY DECIDED TO CREATE
WRITE-DOWN
ON ASSETS OF ITS UNIT ARCTIC PAPER INVESTMENT AB 
    * IN COMPANY'S CONSOLIDATED FY 2017 REPORT WRITE-DOWN WILL
AMOUNT
TO 24 MILLION ZLOTYS AND LOWER COMPANY'S FY 2017 GROSS RESULT 
    * COMPANY ALSO CHANGES TOTAL DEPRECIATION COST OF ASSETS OF
ITS
SWEDEN-BASED UNIT ROTTNEROS AB 
    * FOLLOWING THAT DECISION DEPRECIATION COST FOR FY 2017 WILL
BE
DECREASED BY ABOUT 19 MILLION ZLOTYS WHAT WILL INCREASE
COMPANY'S FY 2017 GROSS RESULT
    * FINAL FY 2017 REPORT WILL BE PUBLISHED ON APRIL 9

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM2CVQDka
    
 Further company coverage:  ATC.WA  
   


 (Gdynia Newsroom)
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))