Iberpapel Gestion SA
LSE:0ERM
Income Statement
Earnings Waterfall
Iberpapel Gestion SA
Income Statement
Iberpapel Gestion SA
| Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
1
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
172
N/A
|
177
+3%
|
174
-2%
|
180
+4%
|
187
+4%
|
186
0%
|
191
+3%
|
197
+3%
|
193
-2%
|
191
-1%
|
189
-1%
|
186
-1%
|
196
+5%
|
205
+4%
|
215
+5%
|
226
+5%
|
228
+1%
|
225
-1%
|
221
-2%
|
216
-3%
|
216
+0%
|
215
-1%
|
216
+1%
|
216
0%
|
215
0%
|
215
0%
|
210
-2%
|
203
-3%
|
196
-4%
|
197
+1%
|
200
+1%
|
207
+4%
|
211
+2%
|
216
+2%
|
218
+1%
|
213
-2%
|
210
-1%
|
201
-4%
|
202
+0%
|
203
+1%
|
206
+1%
|
215
+4%
|
217
+1%
|
215
-1%
|
273
+27%
|
274
+0%
|
221
-19%
|
340
+54%
|
345
+2%
|
340
-2%
|
213
-37%
|
313
+46%
|
233
-25%
|
214
-8%
|
153
-29%
|
151
-1%
|
172
+13%
|
200
+16%
|
237
+19%
|
272
+15%
|
295
+8%
|
303
+3%
|
295
-3%
|
283
-4%
|
266
-6%
|
254
-4%
|
251
-1%
|
242
-4%
|
240
-1%
|
242
+1%
|
238
-2%
|
242
+2%
|
231
-5%
|
222
-4%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(75)
|
(77)
|
(75)
|
(79)
|
(86)
|
(89)
|
(88)
|
(89)
|
(84)
|
(77)
|
(78)
|
(76)
|
(75)
|
(77)
|
(83)
|
(85)
|
(88)
|
(87)
|
(82)
|
(80)
|
(82)
|
(84)
|
(86)
|
(85)
|
(84)
|
(83)
|
(84)
|
(85)
|
(83)
|
(81)
|
(79)
|
(82)
|
(83)
|
(87)
|
(90)
|
(85)
|
(83)
|
(81)
|
(82)
|
(82)
|
(83)
|
(87)
|
(87)
|
(86)
|
(111)
|
(110)
|
(84)
|
(132)
|
(133)
|
(130)
|
(83)
|
(122)
|
(87)
|
(87)
|
(61)
|
(63)
|
(74)
|
(81)
|
(89)
|
(94)
|
(95)
|
(89)
|
(85)
|
(92)
|
(91)
|
(97)
|
(105)
|
(102)
|
(103)
|
(100)
|
(91)
|
(90)
|
(84)
|
(82)
|
|
| Gross Profit |
97
N/A
|
100
+3%
|
99
-2%
|
100
+2%
|
101
+0%
|
97
-3%
|
103
+6%
|
108
+4%
|
109
+1%
|
114
+5%
|
111
-2%
|
111
0%
|
121
+9%
|
128
+6%
|
132
+3%
|
141
+7%
|
139
-1%
|
138
-1%
|
139
+1%
|
136
-2%
|
133
-2%
|
131
-2%
|
130
-1%
|
131
+0%
|
132
+1%
|
131
0%
|
126
-4%
|
118
-6%
|
112
-5%
|
116
+4%
|
121
+4%
|
125
+3%
|
127
+2%
|
128
+1%
|
128
0%
|
128
0%
|
127
-1%
|
120
-5%
|
120
+0%
|
121
+1%
|
123
+1%
|
128
+4%
|
130
+1%
|
129
0%
|
162
+25%
|
164
+2%
|
137
-17%
|
208
+52%
|
212
+2%
|
209
-1%
|
130
-38%
|
191
+47%
|
146
-24%
|
127
-13%
|
92
-27%
|
89
-4%
|
98
+10%
|
119
+22%
|
148
+24%
|
178
+20%
|
200
+12%
|
215
+7%
|
210
-2%
|
191
-9%
|
175
-8%
|
157
-10%
|
146
-7%
|
139
-5%
|
137
-2%
|
143
+4%
|
147
+3%
|
152
+3%
|
147
-3%
|
141
-4%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(83)
|
(83)
|
(80)
|
(82)
|
(84)
|
(86)
|
(96)
|
(103)
|
(105)
|
(106)
|
(102)
|
(100)
|
(101)
|
(104)
|
(104)
|
(108)
|
(109)
|
(109)
|
(111)
|
(109)
|
(109)
|
(109)
|
(110)
|
(113)
|
(119)
|
(120)
|
(117)
|
(114)
|
(110)
|
(112)
|
(110)
|
(111)
|
(111)
|
(110)
|
(107)
|
(104)
|
(100)
|
(94)
|
(95)
|
(97)
|
(98)
|
(102)
|
(104)
|
(102)
|
(128)
|
(130)
|
(107)
|
(164)
|
(168)
|
(166)
|
(104)
|
(155)
|
(123)
|
(114)
|
(84)
|
(82)
|
(89)
|
(104)
|
(140)
|
(170)
|
(192)
|
(210)
|
(192)
|
(171)
|
(152)
|
(130)
|
(93)
|
(87)
|
(86)
|
(89)
|
(122)
|
(130)
|
(131)
|
(128)
|
|
| Selling, General & Administrative |
(16)
|
(16)
|
(16)
|
(17)
|
(17)
|
(17)
|
(17)
|
(17)
|
(17)
|
(17)
|
(17)
|
(17)
|
(17)
|
(18)
|
(18)
|
(18)
|
(19)
|
(19)
|
(19)
|
(18)
|
(19)
|
(19)
|
(20)
|
(20)
|
(20)
|
(20)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(20)
|
(20)
|
(19)
|
(20)
|
(20)
|
(25)
|
(25)
|
(19)
|
(29)
|
(29)
|
(29)
|
(20)
|
(30)
|
(25)
|
(26)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(21)
|
(22)
|
(23)
|
(23)
|
(23)
|
(23)
|
(24)
|
(24)
|
(24)
|
(24)
|
(24)
|
(24)
|
|
| Depreciation & Amortization |
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(13)
|
(12)
|
(10)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(13)
|
(13)
|
(11)
|
(16)
|
(16)
|
(16)
|
(11)
|
(16)
|
(14)
|
(13)
|
(11)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
|
| Other Operating Expenses |
(56)
|
(57)
|
(54)
|
(55)
|
(57)
|
(59)
|
(69)
|
(75)
|
(76)
|
(77)
|
(72)
|
(70)
|
(71)
|
(73)
|
(73)
|
(76)
|
(78)
|
(78)
|
(80)
|
(78)
|
(77)
|
(77)
|
(77)
|
(80)
|
(87)
|
(88)
|
(85)
|
(81)
|
(79)
|
(80)
|
(76)
|
(78)
|
(80)
|
(79)
|
(78)
|
(76)
|
(71)
|
(65)
|
(65)
|
(66)
|
(68)
|
(72)
|
(73)
|
(72)
|
(89)
|
(92)
|
(77)
|
(119)
|
(123)
|
(121)
|
(73)
|
(109)
|
(84)
|
(75)
|
(53)
|
(50)
|
(57)
|
(71)
|
(107)
|
(137)
|
(158)
|
(176)
|
(158)
|
(137)
|
(117)
|
(95)
|
(57)
|
(51)
|
(49)
|
(52)
|
(84)
|
(92)
|
(93)
|
(90)
|
|
| Operating Income |
15
N/A
|
17
+19%
|
19
+10%
|
19
-2%
|
17
-10%
|
11
-31%
|
7
-35%
|
5
-30%
|
4
-24%
|
8
+92%
|
9
+23%
|
11
+18%
|
19
+78%
|
24
+21%
|
28
+17%
|
33
+20%
|
30
-9%
|
29
-4%
|
28
-3%
|
27
-5%
|
25
-7%
|
22
-13%
|
20
-7%
|
18
-9%
|
12
-33%
|
11
-13%
|
9
-18%
|
4
-54%
|
2
-54%
|
4
+128%
|
12
+176%
|
14
+16%
|
16
+14%
|
18
+14%
|
22
+20%
|
24
+12%
|
27
+13%
|
26
-5%
|
25
-4%
|
25
-1%
|
25
+1%
|
26
+4%
|
26
+1%
|
27
+3%
|
34
+28%
|
34
+1%
|
30
-13%
|
43
+44%
|
44
+2%
|
43
-2%
|
26
-39%
|
36
+35%
|
23
-35%
|
13
-44%
|
8
-36%
|
7
-16%
|
9
+25%
|
16
+80%
|
8
-51%
|
8
+5%
|
8
+2%
|
5
-44%
|
18
+283%
|
20
+12%
|
23
+14%
|
28
+22%
|
53
+91%
|
52
-1%
|
51
-3%
|
53
+5%
|
25
-53%
|
22
-14%
|
16
-26%
|
13
-18%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
1
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
0
|
0
|
0
|
(0)
|
1
|
1
|
1
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
1
|
1
|
0
|
0
|
(1)
|
(1)
|
(0)
|
0
|
1
|
2
|
2
|
(0)
|
3
|
3
|
3
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
5
|
5
|
3
|
0
|
0
|
0
|
5
|
0
|
0
|
5
|
0
|
0
|
1
|
1
|
1
|
0
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
23
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
(0)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
2
|
2
|
2
|
0
|
0
|
0
|
0
|
0
|
5
|
5
|
5
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
|
| Pre-Tax Income |
14
N/A
|
16
+15%
|
17
+10%
|
17
-3%
|
15
-9%
|
10
-34%
|
6
-41%
|
4
-39%
|
2
-40%
|
6
+188%
|
8
+32%
|
10
+23%
|
19
+85%
|
25
+29%
|
30
+23%
|
39
+28%
|
36
-8%
|
33
-6%
|
31
-8%
|
27
-14%
|
26
-4%
|
27
+4%
|
24
-10%
|
22
-8%
|
21
-7%
|
15
-28%
|
9
-38%
|
5
-45%
|
3
-41%
|
5
+80%
|
13
+136%
|
14
+13%
|
16
+13%
|
19
+15%
|
22
+19%
|
24
+11%
|
27
+12%
|
26
-6%
|
25
-3%
|
25
-1%
|
25
+1%
|
26
+4%
|
26
+1%
|
27
+2%
|
33
+26%
|
34
+1%
|
29
-13%
|
42
+45%
|
43
+1%
|
42
-2%
|
26
-38%
|
35
+35%
|
23
-36%
|
12
-46%
|
5
-58%
|
4
-23%
|
6
+55%
|
14
+135%
|
9
-39%
|
9
+6%
|
9
+1%
|
5
-46%
|
17
+248%
|
19
+10%
|
22
+15%
|
50
+125%
|
53
+8%
|
53
0%
|
53
-1%
|
33
-38%
|
29
-13%
|
25
-12%
|
19
-25%
|
16
-13%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(4)
|
(4)
|
(4)
|
(4)
|
(2)
|
(0)
|
2
|
2
|
1
|
(1)
|
(1)
|
(2)
|
(4)
|
(6)
|
(8)
|
(10)
|
(9)
|
(9)
|
(8)
|
(7)
|
(6)
|
(7)
|
(7)
|
(6)
|
(6)
|
(4)
|
(2)
|
(2)
|
(1)
|
(1)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(7)
|
(7)
|
(6)
|
(5)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(7)
|
(7)
|
(7)
|
(4)
|
(6)
|
(4)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
0
|
0
|
(2)
|
(2)
|
(3)
|
(5)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
|
| Income from Continuing Operations |
10
|
12
|
13
|
13
|
13
|
10
|
8
|
5
|
4
|
6
|
7
|
9
|
15
|
19
|
23
|
29
|
26
|
25
|
23
|
20
|
20
|
20
|
17
|
16
|
15
|
11
|
7
|
4
|
2
|
4
|
9
|
10
|
11
|
13
|
16
|
18
|
20
|
19
|
20
|
20
|
21
|
22
|
23
|
24
|
29
|
30
|
25
|
36
|
36
|
35
|
22
|
29
|
19
|
10
|
4
|
3
|
5
|
13
|
9
|
10
|
10
|
5
|
16
|
17
|
19
|
45
|
47
|
47
|
47
|
28
|
23
|
20
|
15
|
13
|
|
| Net Income (Common) |
10
N/A
|
12
+16%
|
13
+11%
|
13
+1%
|
13
+1%
|
10
-24%
|
8
-24%
|
5
-31%
|
4
-32%
|
6
+62%
|
7
+23%
|
9
+23%
|
15
+70%
|
19
+29%
|
23
+20%
|
29
+28%
|
26
-9%
|
25
-6%
|
23
-7%
|
20
-13%
|
20
-1%
|
20
+1%
|
17
-13%
|
16
-6%
|
15
-8%
|
11
-26%
|
7
-34%
|
4
-51%
|
2
-32%
|
4
+62%
|
9
+130%
|
10
+13%
|
11
+11%
|
13
+15%
|
16
+22%
|
18
+10%
|
20
+13%
|
19
-3%
|
20
+3%
|
20
+1%
|
21
+4%
|
22
+2%
|
23
+6%
|
24
+3%
|
29
+24%
|
30
+1%
|
25
-15%
|
36
+42%
|
36
+1%
|
35
-2%
|
22
-39%
|
29
+35%
|
19
-35%
|
10
-48%
|
4
-57%
|
3
-23%
|
5
+63%
|
13
+147%
|
9
-29%
|
10
+5%
|
10
-1%
|
5
-44%
|
16
+189%
|
17
+7%
|
19
+12%
|
45
+135%
|
47
+6%
|
47
+0%
|
47
-1%
|
28
-41%
|
23
-16%
|
20
-12%
|
15
-26%
|
13
-14%
|
|
| EPS (Diluted) |
0.85
N/A
|
0.99
+16%
|
1.11
+12%
|
1.12
+1%
|
1.13
+1%
|
0.86
-24%
|
0.65
-24%
|
0.45
-31%
|
0.31
-31%
|
0.5
+61%
|
0.62
+24%
|
0.75
+21%
|
1.27
+69%
|
1.64
+29%
|
1.99
+21%
|
2.55
+28%
|
2.31
-9%
|
2.18
-6%
|
1.95
-11%
|
1.74
-11%
|
1.71
-2%
|
1.72
+1%
|
1.5
-13%
|
1.41
-6%
|
1.3
-8%
|
0.96
-26%
|
0.63
-34%
|
0.31
-51%
|
0.21
-32%
|
0.34
+62%
|
0.8
+135%
|
0.91
+14%
|
0.98
+8%
|
1.16
+18%
|
1.47
+27%
|
1.53
+4%
|
1.9
+24%
|
1.77
-7%
|
1.88
+6%
|
1.91
+2%
|
1.85
-3%
|
1.99
+8%
|
2.15
+8%
|
2.15
N/A
|
2.73
+27%
|
2.77
+1%
|
2.36
-15%
|
3.25
+38%
|
3.31
+2%
|
3.23
-2%
|
2.06
-36%
|
2.67
+30%
|
1.74
-35%
|
0.91
-48%
|
0.39
-57%
|
0.3
-23%
|
0.49
+63%
|
1.2
+145%
|
0.84
-30%
|
0.89
+6%
|
0.89
N/A
|
0.5
-44%
|
1.44
+188%
|
1.6
+11%
|
1.66
+4%
|
4.17
+151%
|
4.34
+4%
|
4.3
-1%
|
4.52
+5%
|
2.43
-46%
|
2.12
-13%
|
1.88
-11%
|
1.38
-27%
|
1.18
-14%
|
|