Brief: Iberpapel FY Net Profit Down At 21.7 Million Euros

Iberpapel Gestion SA

27/02/2020 06:44

Feb 27 (Reuters) - Iberpapel Gestion SA  IBG.MC :
    * FY NET PROFIT 21.7 MILLION EUROS VERSUS 25.2 MILLION EUROS
YEAR
AGO
    * FY EBITDA 37.0 MILLION EUROS VERSUS 40.9 MILLION EUROS
YEAR AGO
    * FY NET SALES 213.5 MILLION EUROS VERSUS 221.1 MILLION
EUROS YEAR
AGO
    * SAYS PULP PRICES CONTINUE TO COME UNDER PRESSURE IN THE
FIRST
TWO MONTHS OF 2020
    * SEES TECHNICAL STOP IN THE PRODUCTION OF THE HERNANI
FACTORY FOR
A PERIOD BETWEEN 45 AND 52 DAYS
    * SEES TECHNICAL STOP IN HERNANI TO AFFECT GROUP'S RESULTS
FOR
2020

Source text: https://bit.ly/2TpLrHY
Further company coverage:  IBG.MC 

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