Papeles y Cartones de Europa, S.A. announced consolidated earnings results for the first half ended June 2017. For the first half, the company reported net profit of €32.4 million, 54.6% up on the same period of 2016. Sales rose by 5.3% to €563.9 million, while EBITDA reached €72.1 million, a rise of 19.6%. EBIT stood at €43.7 million, 21.8% up on the previous year.