Iberpapel posts 9M14 profit of €6.2 million

Iberpapel posts 9M14 profit of €6.2 million

Iberpapel Group generated net profit of €6.2 million during the first nine months of the year 2014. Revenue during the first three quarters was €150.8 million, while EBITDA amounted to €16.9 million.

Even though market trends were not favourable, these results reflect enhanced efficiency at the Hernani factory, with respect to both the pulp and paper operations, as well as other initiatives undertaken during the year.

(€ million) 9M14 9M13
Revenue 150.8 163.3
EBITDA 16.9 21.6
Profit after tax 6.2 9.5

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