Iberpapel reports net profit of 10.27 million euros for the first nine months of 2015
Oct 30, 2015
The Iberpapel Group delivered a much better earnings performance in the first nine months of 2015, with net profit of 10.27 million euros, up 67% from the same period last year (6.15 million euros).
Revenue rose by 10.32% year-on-year to 166.34 million euros and EBIT by 23.47% to 20.89 million euros.
The nine-month results reflect the increase in the group’s overall efficiency thanks mainly to the investments made in recent years, as well as the better performance by the forestry division and the slight improvement in the electricity division.
Press release