Iberpapel posts first-half net profit of €5.49 million
Jul 29, 2015
The Iberpapel Group’s first-half results evidence clear earnings momentum: at €5.49 million, net profit jumped 75.82% year-on-year (1H14: €3.12 million).
Revenue amounted to €112.4 million, up 10.17 % from 1H14, while EBITDA came in at €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.
Press release