Iberpapel Gestion : posts first-half net profit of €10.47 million
July 28, 2017 at 06:59 am EDT
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The Iberpapel Group posted substantial earnings growth in the first half of 2017: net profit increased by 11.53% year-on-year to €10.47 million (1H16: €9.39 million).
Revenue amounted to €108.58 million, up 4.14% from 1H16, while EBITDA came in at €17.62 million, down 1.63% year-on-year
(€ million)
1H17
1H16
Revenue
108.58
104.26
EBITDA
17.62
17.91
Profit after tax
10.47
9.38
Iberpapel Gestion SA published this content on 28 July 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 July 2017 10:58:11 UTC.
Original documenthttp://www.iberpapel.es/en/news/318-iberpapel-posts-first-half-net-profit-of-10-47-million
Public permalinkhttp://www.publicnow.com/view/20E3008071998CA55B50C998AA815D0E41DDF47C
Iberpapel Gestion SA is a Spain-based holding company engaged in the paper industry. The Company operates through three divisions: Forestry, involved in the acquisition and cultivation of eucalyptus plantations in Argentina, Uruguay and Spain; Industrial, focused on the production of bleached pulp and paper products, and Commercial, specialized on the distribution of products such as printing and photocopy paper, offset paper, light-coated paper, laser printing paper, paper bags and envelopes. The Companyâs subsidiaries include Distribuidora Papelera SA, Moliner Dominguez y Cia SA, Ibereucaliptos SA, Papelera Guipuzcoana de Zicunaga SA, Central de Suministros de Artes Graficas Papel SA and Copaimex SA, among others. The Companyâs major shareholders include ONCHENA, SL and BESTINVER GESTION, SA.
IBERPAPEL GESTIÓN, S.A. 
