Nov 06, 2015. /Lesprom Network/. The Iberpapel Group delivered a much better earnings performance in the first nine months of 2015, with net profit of Euro 10.27 million, up 67% from the same period last year (Euro 6.15 million), as the company said in the press release received by Lesprom Network.

Revenue rose by 10.32% year-on-year to Euro 166.34 million and EBIT by 23.47% to Euro 20.89 million.

The nine-month results reflect the increase in the group's overall efficiency thanks mainly to the investments made in recent years, as well as the better performance by the forestry division and the slight improvement in the electricity division.

Iberpapel is one of the main players in the printing and writing paper market in Spain.