Miquel y Costas & Miquel, S.A. Reports Earnings Results for the Full Year Ended December 31, 2022
February 28, 2023 at 11:52 am EST
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Miquel y Costas & Miquel, S.A. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was EUR 338.6 million compared to EUR 302.48 million a year ago. Net income was EUR 31.63 million compared to EUR 50.79 million a year ago.
Basic earnings per share from continuing operations was EUR 0.82 compared to EUR 1.3 a year ago. Diluted earnings per share from continuing operations was EUR 0.82 compared to EUR 1.29 a year ago.
Miquel y Costas & Miquel SA is a Spain-based company primarily engaged, through its subsidiaries, in the production of fine and lightweight paper used in the tobacco industry. The Companyâs products are distributed both domestically and abroad, and also include printing, writing, rolling and specialty papers, as well as textile pulps. The Company is a parent of Grupo Miquel y Costas, a group which comprises such companies as SA Paya Miralles, Celulosa de Levante SA, Papeles Anoia SA, Desvi SA, Sociedad Espanola Zig Zag SA, MB Papeles Especiales SA, Miquel y Costas Tecnologias SA, Proyectos Energeticos MB SA and Terranova Papers SA. In addition, it operates the Besos and Pla de la Barquera production plants, which are located in the province of Barcelona, and the Mislata production plant, located in the province of Valencia.
MIQUEL Y COSTAS & MIQUEL, S.A. 
