Business · Companies · 7 hrs ago
Iberpapel posts €6.43 million loss through September as energy costs rise
Iberpapel lost €6.43 million through September, compared with a €5.3 million profit in the same period of 2025.
The Spanish paper company said exceptionally high energy costs were the main reason, alongside weak demand in Europe’s paper market, stronger competition and more imports.
Its sales rose 0.95% year on year to nearly €173 million, but operating earnings fell sharply: EBITDA dropped 88.7% to €1.76 million.
Iberpapel’s operating result was a loss of €8.78 million, while its net debt reached €116 million at the end of September.
The company said energy and operational improvements made during a September maintenance shutdown began to help in October.
It is also studying changes to its energy model to diversify supplies and reduce its energy needs, aiming to improve long-term competitiveness.
Iberpapel reported a net loss of €6.43 million for the first nine months, compared with a €5.3 million profit in the same period of 2025.
The company attributed the loss mainly to sharply higher energy costs, as well as weak paper demand, stronger competition and increased imports.
Sales from January to September rose 0.95% year on year to nearly €173 million.
Ebitda fell 88.7% to €1.76 million, while net debt at the end of September stood at €116 million.
- Who
- Iberpapel, a paper company.
- What
- It reported a €6.43 million loss for the first nine months of the year.
- When
- The results cover January to September; the report was published on October 28, 2026.
- Where
- Not stated.
- Why
- Iberpapel cited higher energy costs, weak demand in the European paper market, increased competitive pressure and rising imports.
This story does not have two clearly opposing sides.
Iberpapel completed a technical shutdown during which it made energy efficiency and operational improvements.
The company said those improvements were beginning to produce results.
Expansión reported Iberpapel’s results for the period through September.
- Net result
- Loss of €6.43 million through September
- Previous-year net result
- Profit of €5.3 million in the same period of 2025
- Sales
- Nearly €173 million from January to September, up 0.95% year on year
- Ebitda
- €1.76 million, down 88.7% year on year
- Net debt
- €116 million at the end of September
What people are saying
The energy efficiency and operational improvements completed during the September technical shutdown are beginning to produce results in October, helping to contain the impact of rising energy costs.