Iberpapel Gestión, S.A. Reports Earnings Results for the Full Year Ended December 31, 2020
February 26, 2021 at 01:05 pm EST
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Iberpapel Gestión, S.A. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was EUR 152.884 million compared to EUR 213.471 million a year ago. Operating income was EUR 6.673 million compared to EUR 26.302 million a year ago. Net income was EUR 4.240 million compared to EUR 21.679 million a year ago. Basic earnings per share from continuing operations was EUR 0.39 compared to EUR 2.06 a year ago.
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. 
