Altri's 1Q 2016 was characterized by a decrease in the pulp price of 5% (both in USD and Euro) in relation to the last quarter of 2015, which had the same impact on revenues. the total revenue of the 1Q 2016 amounted to Euro 161.7 million, an increase of 5% comparing to the 1Q 2015 and a decrease of 5% compared to the amount recorded in the previous quarter.

Zellulose

Altri reported 1Q revenue increased by 5% to Euro 161.7 million

Altri's 1Q 2016 was characterized by a decrease in the pulp price of 5% (both in USD and Euro) in relation to the last quarter of 2015, which had the same impact on revenues. In the 1Q 2016 the pulp price was 1.7% and 4.6% higher than in the same period of 2015, in USD and EUR, respectively, as the company said in the press release received by Lesprom Network.

In detail, the total revenue of the 1Q 2016 amounted to Euro 161.7 million, an increase of 5% comparing to the 1Q 2015 and a decrease of 5% compared to the amount recorded in the previous quarter (4Q 2015).

The revenues from sales of pulp of the 1Q 2016 amounted to Euro 139.4 million, an increase of 8% comparing to the 1Q 2015 and a decrease of 4.1% compared to the amount recorded in the previous quarter (4Q 2015).

The EBITDA of the 1Q 2016 reached Euro 52.1 million, a decrease of 10% comparing to the EBITDA recorded in the previous quarter and an increase of 12% compared to the same period of 2015.

Altri's 1Q net profit increases to Euro 25.1 million from Euro 22.2 million in year-ago period.

Altri is a reference in European eucalyptus pulp producers. In addition to pulp production, the Company is also present in the renewable power production business from forest base sources namely industrial cogeneration through black liquor and biomass.