Iberpapel generates a net profit of €1.1 million in the first quarter of 2025
The company managed to generate this profit in a period marked by falling paper prices and considerable growth in costs, especially energy costs.
The first quarter of 2025 was marked by global uncertainty and weak demand for uncoated woodfree (UWF) paper in Europe, extending the slowdown initiated at the end
of 2024 and triggering a correction in prices, which dipped 3% below the prior-year average. These tensions, coupled with a sharp increase in energy costs, especially electricity costs, had a significant impact on the paper market and impacted Iberpapel’s first-quarter earnings.
Against this backdrop, Iberpapel reported a net profit of €1.1 million in the first quarter of 2025, compared to €3.93 million in 1Q24.
EBITDA came to €4.28 million, compared to €7.28 million in the first quarter of last year.
Note that production was idled for the last six days of the first quarter to carry out programmed maintenance work.
The grades of paper the company has recently diversified into, including paper for packaging, labels and use in the food and health industries, have continued to make inroads, accounting for 30% of total first-quarter sales, compared to an average of 28.40% in 2024.
(€ million) | 1Q 2025 | 1Q 2024 |
Revenue | 65.82 | 62.11 |
EBITDA | 4.28 | 7.68 |
Profit after tax | 1.10 | 3.93 |