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PRESS RELEASE Arctic Paper S.A. , Q2 / H1 2021 : Focus on growth in sustainable packaging Q2 consolidated sales revenue increased to PLN 786.6mn ( EUR¹ 173.3mn ) . EBITDA in Q2 was PLN 84.2mn ( EUR¹ 18.5mn ) . Kostrzyn nad Odra / Gothenburg , August 17th 2021 EBIT in Q2 was PLN 54.5mn ( EUR¹ 12.0mn ) and net profit PLN 35.6mn ( EUR¹ 7.8mn ) . The combination of pulp and paper strengthen the Group as the economic recovery continues . Debt reduced by one third to PLN 152.6mn ( PLN 221.8mn ) . 242 percent volume growth in packaging paper during H1 / 2021 compared with H1 / 2020 . Product launches within sustainable packaging expands our range to new application areas . Dividend of PLN 0.30 ( PLN 0.20 ) per share paid in July , after the period . " During the period we have seen a continued recovery in demand and more favourable market conditions . " Michal Jarczyński , CEO ( see letter from the CEO on page 2 ) Further information provided by : Michal Jarczyński , CEO , Arctic Paper S.A. Phone +46 10 451 7005 E - mail : michal.jarczynski@arcticpaper.com 84,2 26,0 54,5 6,9 35,6 0,2 Selected financial results Arctic Paper Group and Arctic Paper ( paper segment ) PLN ( million ) Q2 2021 Sales revenue , Arctic Paper Group 786,6 526,8 Sales revenue , Arctic Paper ( paper segment ) EBITDA , Arctic Paper Group EBITDA Arctic Paper ( paper segment ) EBIT , Arctic Paper Group EBIT Arctic Paper ( paper segment ) Net profit , Arctic Paper Group Net profit , Arctic Paper ( paper segment ) Net profit per share² Net debt 221.8 -69.1 152.6 221.8 Arctic Paper Group consists of Arctic Paper S.A. ( parent company ) , Arctic Paper mills ( paper segment ) and pulp producer Rottneros AB , in which Arctic Paper S.A. holds a 51 percent stake . PLN 0.27 152.6 Q2 2020 616,0 403,8 48,0 30,0 24,2 16,0 10,8 10,1 PLN 0.15 Change 170,6 123,0 36,2 -3,9 30,3 -9,1 24,8 ARCTIC PAPER -9,9 PLN 0.12 Göran Eklund , CFO , Arctic Paper S.A. Phone +46 10 451 7054 E - mail : goran.eklund@arcticpaper.com H1 2021 1 569,4 1 074,1 R 156,4 82,7 97,7 44,7 H 67,9 26,0 PLN 0.69 H1 2020 1 429,9 991,5 159,9 114,7 103,9 ¹Arctic Paper S.A. reports in PLN . In the English press release , the amounts above were converted to EUR at the average rates for the quarter respectively . The complete quarterly report is available at www.arcticpaper.com 2 Net profit per share : net profit for the paper segment plus 51 % of the net profit for Rottneros divided by the number of shares . 79,3 73,1 57,3 PLN 0.94