Grupo Iberpapel's net profit jumps 76.83% to €16.1 million
Madrid, 25 February 2016
Grupo Iberpapel's net profit amounted to €16.1 million in 2015, growth of 76.83% from 2014 (€9.1 million). EBITDA, meanwhile, came in at €31.5 million, up 20.20% year- on-year.
Revenue rose 9.05% from 2014 to €216.2 million.
These strong earnings at the consolidated level were underpinned by clear-cut improvement in the cost structure and in pulp mill efficiency, coupled with positive performances in both the forestry and electricity businesses.
(€ millions) | 2015 | 2014 |
Revenue | 218.2 | 200.1 |
EBITDA | 31.5 | 26.2 |
Profit after tax | 16.1 | 9.1 |
Juan Torres - jtorres@deva.es 91 360 17 20 - 666 58 28 37
Idoia Revuelta - irevuelta@deva.es 91 360 16 67 - 660 88 21 32
Iberpapel Gestion SA issued this content on 26 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 February 2016 10:46:15 UTC
Original Document: http://www.iberpapel.es/en/news/285-grupo-iberpapel-s-net-profit-jumps-76-83-to-16-1-million