Iberpapel Gestion (ES:IBG) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Iberpapel Gestion has successfully navigated the challenging market conditions in 2024, achieving a net result of 15.55 million euros, marking a 12.92% increase from the previous year. Despite fluctuating paper and energy prices, the company maintained strong production and sales volumes, contributing to its improved profitability. This financial resilience comes amid a recovering demand for uncoated paper in Europe.
For further insights into ES:IBG stock, check out TipRanks’ Stock Analysis page.