Arctic Paper decides on dividend policy
"Our ambition is to generate a stable and growing dividend to shareholders over time. A prerequisite for this is that we have the financial strength to realize the investments in our new segments. The combination of paper and pulp contributes to stability and with the diversification towards packaging and energy, we increase both stability and margins", emphasizes Michal Jarczyński, CEO, Arctic Paper S.A.
Arctic Paper's 4P strategy for 2030 is based on growth with a focus on diversification towards energy and packaging. The total investments in 2022-2030 are estimated to amount to PLN 1.5 billion in 2021 monetary value, of which investments in the new areas account for 40 percent.