Iberpapel's FY 2015 net profit jumps 77% to Euro 16.1 million

1 March 2016

Grupo Iberpapel's net profit amounted to Euro 16.1 million in 2015, growth of 76.83% from 2014 (Euro 9.1 million). EBITDA, meanwhile, came in at Euro 31.5 million, up 20.20% year-on- year. Revenue rose 9.05% from 2014 to Euro 216.2 million, as the company said in the press release received by Lesprom Network.

These strong earnings at the consolidated level were underpinned by clear-cut improvement in the cost structure and in pulp mill efficiency, coupled with positive performances in both the forestry and electricity businesses.

Iberpapel is a paper group committed to quality, service and the environment. It is one of the main players in the printing and writing paper market in Spain.
 

 

Source: lesprom.com