Altri’s 3Q 2018 revenues achieved Euro 205 million, an increase of approximately 24% over the value recorded in the same period of 2017, in line with the revenues recorded on the 2Q of the current year.

Wood Pulp

Altri’s 3Q revenue rises 24% to Euro 205 million

Altri’s 3Q 2018 consolidated net profit reached approximately Euro 46 million, which corresponds to a 76% increase over the same period of 2017 and an increase of 13% over the 2Q of the year, as the company said in the press release received by Lesprom Network.

During the 3Q, operational results of Altri Group achieved a new record, with EBITDA amounting to Euro 82 million, which corresponds to a 13% increase over the previous quarter and a 53% increase when compared with the same period of the previous year. The margin EBITDA amounted to 40%.

3Q 2018 revenues achieved Euro 205 million, an increase of approximately 24% over the value recorded in the same period of 2017, in line with the revenues recorded on the 2Q of the current year. During the first nine months of 2018, total revenues amounted to Euro 583.6 million, a 19% increase over the same period of 2017. EBITDA amounted to Euro 218 million (+54%), while EBITDA margin was 37.4%. The net profit for the first nine months of 2018 recorded a 77% increase over the same period of the previous year, for achieving Euro 120.4 million.

Altri is a European reference eucalyptus pulp producer.