CPH is active in three business areas. The Paper Division accounts for araund 55% of sales. It operates the latest and most productive newsprint machine in Western Europe. However, demand for newsprint is declining and prices have been under pressure for a long time. But at the beginning of 2018 the tide turned and prices have been rising. In addition, the procurement and processing of recovered paper was expanded, which has a positive effect on costs.

Click here for the complete article as pdf (in German).