The Iberpapel Group reported a growth in its net profit (Euro 3.7 million) of 5.46% year-on-year in the 1Q 2017, while revenue was 2.63% higher at Euro 55.08 million. 1Q 2017 EBITDA was Euro 7.29 million, compared to Euro 7.33 million in 1Q 2016.
Iberpapel delivered this healthy earnings performance despite a less buoyant paper market compared to last year, marked by lower prices, evidencing the Group's enhanced efficiency.
Iberpapel is one of the main players in the printing and writing paper market in Spain.
