Iberpapel posts first-quarter net profit of €5.34 million
Against an extremely adverse economic backdrop, the Iberpapel Group generated net
profit of €5.34 million in the first quarter of 2012.
First-quarter revenue amounted to
€58.48 million. EBITDA was over €10 million, implying an EBITDA margin of
The paper market was characterised by higher pulp prices and somewhat lethargic
demand in the first quarter of the year. In Europe the sector appears to have attained a
degree of supply-demand equilibrium in the wake of last year’s capacity closures.
|Profit after tax||5.34||8.19|