{"id":20367,"date":"2022-05-03T23:32:53","date_gmt":"2022-05-03T21:32:53","guid":{"rendered":"https:\/\/www.iberpapel.es\/en\/?p=20367"},"modified":"2022-05-03T23:38:26","modified_gmt":"2022-05-03T21:38:26","slug":"iberpapel-mitigates-the-impact-of-inflation-and-its-annual-mill-stoppage-posting-profit-growth","status":"publish","type":"post","link":"https:\/\/www.iberpapel.es\/en\/iberpapel-mitigates-the-impact-of-inflation-and-its-annual-mill-stoppage-posting-profit-growth\/","title":{"rendered":"Iberpapel mitigates the impact of inflation and its annual mill stoppage, posting profit growth of 21%"},"content":{"rendered":"<p class=\"p1\">Iberpapel\u2019s first-quarter 2022 net profit totalled 2.82 million euros, year-on-year growth of 20.78%, despite an adverse business climate.<!--more--> although the return of normality on the health front is good for the recovery, energy, especially gas, and commodity prices remain high, a situation exacerbated by the war that broke out in Ukraine at the end of February. In addition, paper sales volumes decreased by 9% as a result of maintenance work carried out at the company\u2019s manufacturing facilities in March, which implied a 12-day production stoppage.<\/p>\n<p class=\"p1\">The company managed to pass on significant product price increases, offsetting the impact of the increase in costs caused by the prevailing inflationary climate. As a result, EBITDA registered growth of 7.74% from 1Q21 to \u20ac6.25 million. Revenue, meanwhile, increased to \u20ac83.42 million in the first quarter of 2022, up 72% year-on-year, thanks to growth in revenue from paper sales (+35%, despite the drop in sales volumes attributable to the maintenance stoppage) and energy sales (+274%, fuelled by the growth in energy prices).<\/p>\n<table style=\"width: 100%;\" border=\"1\">\n<tbody>\n<tr>\n<td style=\"width: 59.2391%;\"><em>(\u20ac million)<\/em><\/td>\n<td style=\"text-align: center; width: 19.9275%;\">1Q22<\/td>\n<td style=\"text-align: center; width: 19.9275%;\">1Q21<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 59.2391%;\">Revenue<\/td>\n<td style=\"text-align: center; width: 19.9275%;\">83.42<\/td>\n<td style=\"text-align: center; width: 19.9275%;\">48.47<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 59.2391%;\">EBITDA<\/td>\n<td style=\"text-align: center; width: 19.9275%;\">6.25<\/td>\n<td style=\"text-align: center; width: 19.9275%;\">5.80<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 59.2391%;\">Profit after tax<\/td>\n<td style=\"text-align: center; width: 19.9275%;\">2.81<\/td>\n<td style=\"text-align: center; width: 19.9275%;\">2.33<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3 class=\"head-document\">Related documents<\/h3>\n<hr \/>\n<p><a href=\"\/archives\/press-release\/NdP-03-05-2022.pdf\" target=\"_blank\" rel=\"noopener\" download=\"\"><img decoding=\"async\" title=\"Press release\" src=\"\/wp-content\/uploads\/icondescarga.png\" \/>Press release<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Iberpapel\u2019s first-quarter 2022 net profit totalled 2.82 million euros, year-on-year growth of 20.78%, despite an adverse business climate.<\/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-20367","post","type-post","status-publish","format-standard","hentry","category-press-release"],"_links":{"self":[{"href":"https:\/\/www.iberpapel.es\/en\/wp-json\/wp\/v2\/posts\/20367","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=20367"}],"version-history":[{"count":0,"href":"https:\/\/www.iberpapel.es\/en\/wp-json\/wp\/v2\/posts\/20367\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.iberpapel.es\/en\/wp-json\/wp\/v2\/media?parent=20367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iberpapel.es\/en\/wp-json\/wp\/v2\/categories?post=20367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iberpapel.es\/en\/wp-json\/wp\/v2\/tags?post=20367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}