Rottneros EBITDA adj. for a one-off provision was ~PLN 35m, which was roughly in line with our estimates, but reported figures were ~PLN 8-10m lower due to the one-off. We believe that Arctic Paper will likely refer to this in the report. The rest of the EBITDA miss seems to be driven by the volume pressure every other P&P company has experienced in Q2, so no big surprise here as the reporting season has progressed.
