Burgo Group, a leading European manufacturer of graphic and specialty papers, reported 27.4% growth of operating margin (EBITDA) amid 10% decrease of sales in 2016 y-o-y. According to the announcement, the company’s operating revenues accounted for EUR 1,991 million, generating EBITDA of EUR 129 million (6.5% margin ) in the period.
About Burgo Group:
The company is a leading European manufacturer of graphic and specialty papers. It has a vertically integrated supply chain starting with production, distribution, finishing of forest products, paper production infrastructure, factoring and energy.