Press release

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.
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