Iberpapel posts first-quarter net profit growth of 5.46%

on 28 April 2017

The Iberpapel Group registered growth in its net profit of 5.46% year-on-year in the first quarter of 2017, while revenue was 2.63% higher at €55.08 million.

Iberpapel delivered this healthy earnings performance despite a less buoyant paper market compared to last year, marked by lower prices, evidencing the Group's enhanced efficiency. 

(€ million) 1Q17 1Q16
Revenue 55.08 53.67
EBITDA 7.29 7.33
Profit after tax 3.69 3.50

 

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