Iberpapel Gestión, S.A. Reports Earnings Results for the Nine Months of 2017
October 25, 2017
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Iberpapel Gestión, S.A. reported earnings results for the nine months of 2017. For the period, the company reported revenue of EUR 162.80 million as compared to EUR 149.52 million for the same period last year. EBITDA was EUR 26.41 million as compared to EUR 25.68 million for the same period last year. Profit after tax was EUR 15.21 million as compared to EUR 13.61 million for the same period last year.
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.