Iberpapel posts 1Q15 profit of €1.83 million

Iberpapel posts 1Q15 profit of €1.83 million

Iberpapel Group presented a healthy earnings performance in the first quarter of the year, reporting net profit of €1.83 million (compared to €0.6 million in 1Q14).

Revenue rose by 13.62% year-on-year to €58.6 million (from €51.58 million).

EBITDA was 54.44% higher at €5.5 million (1Q14: €3.56 million).

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