Iberpapel Gestión S.A. reported earnings results for the year ended December 31, 2015. Net profit amounted to €16.1 million in 2015, growth of 76.83% from 2014. 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.