Iberpapel posts 1H 2015 net profit of Euro 5.49 million
The Iberpapel Group's first-half 2015 results evidence clear earnings momentum: at Euro 5.49 million, net profit jumped 75.82% year-on-year (1H 2014: Euro 3.12 million).
ByLesprom Network
Jul 31, 2015. /Lesprom Network/. The Iberpapel Group's first-half 2015 results evidence clear earnings momentum: at Euro 5.49 million, net profit jumped 75.82% year-on-year (1H 2014: Euro 3.12 million), as the company said in the press release received by Lesprom Network.
Revenue amounted to Euro 112.4 million, up 10.17% from 1H 2014, while EBITDA came in at Euro 11.9 million, growth of 30.89%.
These results are shaped by increased overall efficiency at the Group level, accentuated by a positive trend in the forestry business and a slightly improved performance in the energy segment.
Iberpapel is one of the main players in the printing and writing paper market in Spain.
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