Bio-PAPPEL SAB de CV announced unaudited consolidated earnings and operating results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales of MXN 4,070,777,000 compared to MXN 3,231,076,000 for the same period a year ago. Operating income was MXN 500,916,000 compared to MXN 391,122,000 for the same period a year ago. Income before income taxes was MXN 111,419,000 compared to MXN 165,422,000 for the same period a year ago. Consolidated net loss was MXN 33,833,000 compared to consolidated net income of MXN 21,029,000 for the same period a year ago. EBITDA was MXN 615,692,000 compared to MXN 491,305,000 for the same period a year ago. Capital expenditures were USD 27.2 million. The company recorded a MXN 204 million CapEx, out of which MXN 37 million were funded, in a long-term basis, by suppliers.

For the six months, the company reported net sales of MXN 7,409,183,000 compared to MXN 6,265,157,000 for the same period a year ago. Operating income was MXN 877,723,000 compared to MXN 822,743,000 for the same period a year ago. Income before income taxes was MXN 335,804,000 compared to MXN 518,343,000 for the same period a year ago. Consolidated net income was MXN 223,636,000 compared to MXN 284,831,000 for the same period a year ago. EBITDA was MXN 1,145,024,000 compared to MXN 1,021,605,000 for the same period a year ago. Resources generated from operating activities were MXN 1,473,236,000 compared to MXN 502,268,000 for the same period a year ago and acquisition of property, machinery and equipment was MXN 156,696,000 compared to MXN 352,643,000 for the same period a year ago.