Arauco reported 2Q net income of $57.5 million

十月 3, 2016
Arauco’s net income for the 2Q 2016 was $57.5 million, an increase of 8.6%, or $4.5 million compared to the $52.9 million obtained in the 1Q of this year, as the company said in the press release received by Lesprom Network.

Revenues reached $1,207.3 million during the 2Q 2016 compared with the $1,146 million in the previous quarter, thanks to an improvement in its revenues from the pulp, wood products, and forestry businesses.

Adjusted EBITDA for the 2Q 2016 was $283.4 million, 12.1%, or $30.6 million higher than the $252.8 million reached during the previous quarter. Adjusted EBITDA for the 2Q 2016 was lower by 17.5%, or $60 million when compared with the $343.3 million reached in the same period of 2015.

Arauco is a Chilean wood pulp, engineered wood and forestry company.


標籤: Arauco

主題: 财务

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