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Press release / 2015 results



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


For further information


Deva

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