Iberpapel's net profit increased by 11.53% to Euro 10.47 million in 1H 2017
31 July 2017
The Iberpapel Group posted substantial earnings growth in the first half of 2017: net profit increased by 11.53% year-on-year to Euro 10.47 million (1H 2016: Euro 9.39 million).
Revenue amounted to Euro 108.58 million, up 4.14% from 1H 2016, while EBITDA came in at Euro 17.62 million, down 1.63% year-on-year.
Iberpapel is a vertically-integrated paper group. It is one of the leading players in the printing and writing paper segment in Spain.