{"id":19765,"date":"2017-03-01T20:40:13","date_gmt":"2017-03-01T19:40:13","guid":{"rendered":"https:\/\/iberpapel.ciset.net\/en\/?p=19765"},"modified":"2021-06-11T20:44:32","modified_gmt":"2021-06-11T18:44:32","slug":"grupo-iberpapels-net-profit-jumps-24-79-to-e20-1-million","status":"publish","type":"post","link":"https:\/\/www.iberpapel.es\/en\/grupo-iberpapels-net-profit-jumps-24-79-to-e20-1-million\/","title":{"rendered":"Grupo Iberpapel’s net profit jumps 24.79% to \u20ac20.1 million"},"content":{"rendered":"

Grupo Iberpapel’s net profit amounted to \u20ac20.1 million in 2016, growth of 24.79% from 2015 (\u20ac16.11 million). EBITDA, meanwhile, was 12.95% higher year-on-year at \u20ac35.59 million (2015: \u20ac31.51 million).<\/p>\n

<\/p>\n

Revenue from sales narrowed 7.49% year-on-year to \u20ac201.89 million (from \u20ac218.24 million in 2015).<\/p>\n

These strong earnings at the consolidated level were underpinned by a clear-cut improvement in the cost structure and in pulp mill efficiency, which more than offset the topline contraction driven by market difficulties.<\/p>\n

 <\/p>\n\n\n\n\n\n\n
(\u20ac million)<\/em><\/td>\n2016<\/td>\n2015<\/td>\n<\/tr>\n
Revenue<\/td>\n201.89<\/td>\n218.24<\/td>\n<\/tr>\n
EBITDA<\/td>\n35.60<\/td>\n31.52<\/td>\n<\/tr>\n
Profit after tax<\/td>\n20.10<\/td>\n16.11<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

At a meeting held yesterday, the Board of Directors approved an interim dividend from 2016 profits of \u20ac0.30 per outstanding share carrying dividend rights (before withholding tax). It also resolved to submit a motion at the Annual General Meeting for the payment of a final dividend of \u20ac0.35 per outstanding share carrying dividend rights.<\/p>\n

Related documents<\/h3>\n
\n

Press release<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Grupo Iberpapel’s net profit amounted to \u20ac20.1 million in 2016, growth of 24.79% from 2015 (\u20ac16.11 million). EBITDA, meanwhile, was 12.95% higher year-on-year at \u20ac35.59 million (2015: \u20ac31.51 million).<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-19765","post","type-post","status-publish","format-standard","hentry","category-press-release"],"_links":{"self":[{"href":"https:\/\/www.iberpapel.es\/en\/wp-json\/wp\/v2\/posts\/19765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iberpapel.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iberpapel.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iberpapel.es\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iberpapel.es\/en\/wp-json\/wp\/v2\/comments?post=19765"}],"version-history":[{"count":0,"href":"https:\/\/www.iberpapel.es\/en\/wp-json\/wp\/v2\/posts\/19765\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.iberpapel.es\/en\/wp-json\/wp\/v2\/media?parent=19765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iberpapel.es\/en\/wp-json\/wp\/v2\/categories?post=19765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iberpapel.es\/en\/wp-json\/wp\/v2\/tags?post=19765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}