Miquel y Costas & Miquel is a Spanish specialty paper group known for fine lightweight papers for the tobacco industry, including cigarette paper and rolling papers under brands such as Smoking. It also produces other high-performance papers and cellulose-based materials for industrial and consumer uses. With deep roots in papermaking and a large export share, it serves manufacturers and brand owners in tobacco and specialty paper markets worldwide.
| Year | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| 2022 | 337.2 | — | 31.6 | — |
| 2023 | 309.3 | -8.3% | 42.7 | 35% |
| 2024 | 309.2 | -0.1% | 48.7 | 14% |
| 2025 | 313.8 | 1.5% | 45.1 | -7.4% |
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