Grupo Iberpapel’s net profit jumps 76.83% to €16.1 million
Grupo Iberpapel’s net profit amounted to €16.1 million in 2015, growth of 76.83% from 2014 (€9.1 million). EBITDA, meanwhile, came in at €31.5 million, up 20.20% yearon- year.
Revenue rose 9.05% from 2014 to €216.2 million.
These strong earnings at the consolidated level were underpinned by clear-cut improvement in the cost structure and in pulp mill efficiency, coupled with positive performances in both the forestry and electricity businesses.