ENCE Energía y Celulosa produces eucalyptus-based market pulp and generates renewable energy from biomass, with operations centered in Spain. Its pulp mills supply paper and packaging manufacturers that need short-fiber cellulose, while its energy business converts forestry and residual biomass into electricity sold into the grid. The company integrates forestry management with industrial processing, linking wood supply, pulp production, and bioenergy. It serves industrial paper clients and power markets rather than end consumers of paper goods.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 186.9 | — | 2.4 | — |
| Q2 2025 | 192.3 | — | -9.3 | — |
| Q4 2025 | 187.2 | — | -32.5 | — |
| Q1 2026 | 153.8 | -17.7% | -17.6 | -833.3% |
| Q2 2026 | 201 | 4.5% | 0.6 | — |
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