Bio PAPPEL's 4Q 2016 sales increased 18% from $4,690 million pesos ($239 million) to $5,554 million pesos ($283 million), due to a growth in shipments of 10%, reaching 425 thousand tons compared to 388 thousand tons in the same quarter of 2015, as well as an increase in the unit sales price of 8%, from $12,101 pesos ($617.4) per ton in the 4Q 2015 to $13,079 pesos ($667) per ton in 4Q 2016. Sales in 2016 increased 29% compared with the same period in 2015, due to shipments increased 17% and unit sales price increased 10%.
Unit cost of sales increased 8% from $9,955 pesos ($508) in the 4Q 2015 to $10,710 pesos ($546) in the 4Q 2016. Comparing the unit cost in 2016, recorded a 8% increase compared to the same period of 2015.
Bio PAPPEL obtained an EBITDA of $891 million pesos ($45.5 million) in this quarter, representing a 41% increase compared to $634 million pesos ($32.3 million) generated during the same period of 2015.
In the full year of 2016, an EBITDA of $3,756 million pesos ($191 million) was obtained, representing a 50% increase compared to $2,502 million pesos ($127 million) in 2015.
This quarter the company reached an EBITDA margin of 16%, higher than the 13.5% that was obtained in the 4Q 2015. And in the year, 17.2% compared to 14.7% of the previous year.
Bio PAPPEL is the integrated producer of containerboard, uncoated free sheet, newsprint, corrugated boxes, cut paper, notebooks, paper sacks and other paper specialties.