Iberpapel posts first-quarter net profit growth of 5.46%
Apr 28, 2017
The Iberpapel Group registered growth in its net profit of 5.46% year-on-year in the first quarter of 2017, while revenue was 2.63% higher at €55.08 million.
Iberpapel delivered this healthy earnings performance despite a less buoyant paper market compared to last year, marked by lower prices, evidencing the Group’s enhanced efficiency.
| (€ million) | 1Q17 | 1Q16 |
| Revenue | 55.08 | 53.67 |
| EBITDA | 7.29 | 7.33 |
| Profit after tax | 3.69 | 3.50 |
Press release