Klabin's net revenue including wood totaled R$1,596 million ($400 million) in 4Q 2015, 27% up on 4Q 2014, largely due to higher sales to the international market, fueled by the period devaluation of the real against the dollar.

Klabin reported 27% net revenue increase in 4Q

11:53 / 二月 9, 2016

Feb 27, 2016. /Lesprom Network/. Klabin's net revenue including wood totaled R$1,596 million ($400 million) in 4Q 2015, 27% up on 4Q 2014, largely due to higher sales to the international market, fueled by the period devaluation of the real against the dollar, as the company said in the press release received by Lesprom Network.

Given the increased share of exports in total sales, net revenue from international sales almost doubled, from R$309 million ($77.3 million) in 4Q 2014 to R$606 million ($151.7 million) in 4Q 2015, with exports accounting for 38% of the total, versus 25% in 4Q 2014.

FY 2015 net revenue came to R$5,688 million ($1.4 billion), 16% more than in 2014.

Adjusted EBITDA of R$603 million ($151 million) in the quarter, with a margin of 37%, 19% up on the same period last year. In 2015 as a whole, Adjusted EBITDA amounted to R$1,975 million ($494 million), 15% more than in 2014.

Exports totaled 190 thousand tonnes in 4Q 2015, 52% more than in 4Q 2014, and 627 thousand tonnes in 2015, 15% higher than the year before, underlining Klabin’s flexibility amidst Brazil’s weakening economic scenario.

Klabin is the largest integrated manufacturer, exporter and recycler of packaging paper in Brazil, with an annual production capacity of 2 million tonnes.

Lesprom Network

Klabin reported 27% net revenue increase in 4Q

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