Iberpapel posts 9M14 profit of €6.2 million
Oct 27, 2014
Iberpapel Group generated net profit of €6.2 million during the first nine months of the year 2014. Revenue during the first three quarters was €150.8 million, while EBITDA amounted to €16.9 million.
Even though market trends were not favourable, these results reflect enhanced efficiency at the Hernani factory, with respect to both the pulp and paper operations, as well as other initiatives undertaken during the year.
| (€ million) | 9M14 | 9M13 |
| Revenue | 150.8 | 163.3 |
| EBITDA | 16.9 | 21.6 |
| Profit after tax | 6.2 | 9.5 |
Press release