Iberpapel managed to generate this profit in a period marked by falling paper prices and considerable growth in costs, especially energy costs.
The Q1 2025 was marked by global uncertainty and weak demand for uncoated woodfree (UWF) paper in Europe, extending the slowdown initiated at the end
of 2024 and triggering a correction in prices, which dipped 3% below the prior-year average. These tensions, coupled with a sharp increase in energy costs, especially electricity costs, had a significant impact on the paper market and impacted Iberpapel’s first-quarter earnings.
Against this backdrop, Iberpapel reported a net profit of Euro 1.1 million in the Q1 2025, compared to Euro 3.93 million in 1Q 2024.
EBITDA came to Euro 4.28 million, compared to Euro 7.28 million in the Q1 2024.
Note that production was idled for the last six days of the Q1 to carry out programmed maintenance work.
The grades of paper the company has recently diversified into, including paper for packaging, labels and use in the food and health industries, have continued to make inroads, accounting for 30% of total Q1 sales, compared to an average of 28.40% in 2024.
Iberpapel is a vertically-integrated paper group. It is one of the leading players in the printing and writing paper segment in Spain.
