Iberpapel Group reported earnings result for the first quarter of 2016. For the quarter, the company's net profit increased by 91% year-on-year to EUR 3.5 million against EUR 1.83 million a year ago. Revenue amounted to EUR 53.67 million, down 8.44% from the first quarter of 2015 revenue of EUR 58.61 million a year ago, while EBITDA came in at EUR 7.34 million against EUR 5.50 million a year ago.