Iberpapel posts first-quarter net profit of €4.32 million

Iberpapel posts first-quarter net profit of €4.32 million

In an economic climate that remains extremely challenging, Iberpapel Group generated net profit of €4.32 million in the first quarter of 2013.

Revenue totalled €58.25 million, while EBITDA amounted to €8.28 million, implying an EBITDA margin of 14.21%.

The paper market was shaped by higher pulp prices and very lethargic demand for paper in the first quarter.

(€ million) 1Q13 1Q12
Revenue 58.25 58.48
EBITDA 8.28 10.06
Profit after tax 4.32 5.35

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