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Vischofan The casing company ( Free translation from the original in Spanish , in event of discrepancy , the Spanish - language version prevails ) Results report Main highlights of the July - September 2021 results : ● € 245.6 million in revenue , up 9.2 % year - on - year setting an all - time high in quarterly terms . • € 64.1 million in EBITDA¹ , up 9.2 % year - on - year , with EBITDA margin stable at 26.1 % compared to the previous year . • € 35.6 million in net profit , up 16.7 % year - on - year . • • € 15.1 million of Capex in the quarter . Higher investment level as mobility restrictions are reduced , highlighting the start - up of the new fibrous production lines in Cáseda ( Spain ) . Net cash position² of € 31.5 million in September 2021 compared to € 38.2 million of net bank debt in December 2020 driven by the strength of the operating results . José Domingo de Ampuero y Osma , Chairman of the Viscofan Group : " We have achieved an all - time high in quarterly revenue , - and one of the highest levels in net profit - combining service with commercial discipline , and production efficiency in a context of a stressed global supply chain and inflation in energy costs . The strength of these results leads us to set our expectations for 2021 slightly above our initial guidance for the year . The success of the projects carried out during this strategic period MORE TO BE and the commitment of our people have been key to develop a business model that allows us to face different environments , becoming a more solid and sustainable company on which to build our future projects with optimism " . 1 EBITDA = Operating profit ( EBIT ) + Depreciation and amortization . 2 Net bank debt = Non - current and current bank borrowings - Cash and equivalents . January - September 2021 results