Iberpapel posts first-half net profit of €7.95 million
Jul 25, 2013
Against an extremely adverse economic backdrop, the Iberpapel Group generated net profit of €7.95 million in the first half of 2013.
First-half revenue amounted to €116 million, while EBITDA totalled €16.49 million.
The paper market was shaped by higher pulp prices and very lethargic demand for paper during the period.
During the first six months of the year, Iberpapel continued to reinforce its solid financial structure.
| (€ million) | 1H13 | 1H12 |
| Revenue | 116.09 | 117.01 |
| EBITDA | 16.49 | 19.45 |
| Profit after tax | 7.95 | 10.29 |
Press release