Report
Luis de Toledo Heras

Iberpapel : Sound operating performance on higher utilisation rates

>Volumes offset decline in average paper prices - Iberpapel’s Q2 2024 results came somewhat above estimates (EBITDA margin of 16% vs 15% estimated) with higher production volumes (H1 2024 volumes increased by +26%) largely offsetting the decline in prices (H1 2024 average prices decreased by 22%) as demand of European UWF paper recovered favoured by the lower level of stocks (restocking throughout H1 24) and the rise in pulp prices. The drop in average prices from th...
Underlying
Iberpapel Gestion S.A.

Iberpapel Gestion is engaged in the manufacture, wholesale distribution, sale and export of pulp and printing and writing paper. In addition, Co. maintains forestry activities, including the cultivation of timberlands.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Luis de Toledo Heras

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