Iberia released that net earnings by the Iberia Group climbed to 327.6 million euros from the 56.7 million euros posted in 2006, far exceeding the targets set in the 2006-2008 Strategic Plan, and enabling the company to pay its shareholders a dividend of 17 eurocents per share.
Operating earnings in 2007 reached 283.5 million euros, 132% more than the figure for 2006, thanks to a notable improvement in the operating margin, which came to 5.1%, well above the 2.3% posted in 2006. The EBITDAR amounted to 932 million euros, 17.9% above that of the previous year, and showing a 16.9% margin over income, one of the highest among European carriers.
Operating income rose by 2.5% in the year to 5,522 million euros, while operating expenses declined by half a point to 5,238 million euros.
