Pulp & Paper News

Lecta 2Q 2014 results: revenues down 6% from year ago to Euro 368.1 million [link]



LUXEMBOURG , Aug. 29, 2014 (Press Release) - 

Spain-based Lecta reported Q2 2014 revenues of Euro 368.1 million, down 6% from a year ago. The firm's EBITDA increased by 7.6% year-on-year to Euro 23.3 million in Q2 2014, mainly due to "higher net energy costs, in a context of lower unit gross margin, more than compensated by slightly higher sales of paper in volume, lower costs of packaging materials, outsourcing, distribution, selling variable, labor, maintenance, production consumables, and administration overheads," the company said.

[For the full announcement on Lecta's website, click here.]

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