Press release

Iberpapel recorded first-half net profit of €13.4 million, compared to €9.7 million in 1H10 EBITDA was 12.9% higher in the first six months of the year at €22.5 million Group borrowings were slashed by 78%, to leave a net cash balance

Iberpapel generated net profit of €16.5 million in the first nine months of 2010, surging 252% year-on-year , revenue climbed 11.2% on 9M09, while EBITDA jumped 91.8% year-on-year. The recovery in average paper sales prices coupled with the cost-cutting and energy efficiency programs drove Iberpapel’s earnings momentum.
Skip to content