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Investment effort

Emphasis on sustainability

and the environment

Implementation

of alternative energy sources

Productivity

and cost leadership

High degree of production

processs integration

Manufacturing to order

Sound financial situation

Iberpapel group

The Iberpapel Group, which held its Annual General Meeting yesterday, has presented its results for the first-quarter of 2019, reporting revenue of €63.89 million.

Net profit in the first quarter amounted to €5.44 million, up from €4.34 million in the first quarter of 2017, while EBITDA increased from €7.94 million to €9.52 million.

The healthy results reported by the paper maker were driven primarily by growth of 23.25% in paper sales volumes, coupled with flat average sales prices.
Elsewhere, the company's shareholders ratified by the Board's motion to pay a final dividend from 2018 profits in the amount of €0.30 per share (before withholding tax).

 

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