Bio-PAPPEL SAB de CV reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported net sales of MXN 3,046.801 million against 4,875.449 million a year ago. Operating income was MXN 374.595 million against MXN 458.313 million a year ago. Income before income taxes was MXN 170.545 million against loss before income taxes of MXN 513.815 million a year ago. Consolidated net income for the period was MXN 30.785 million against consolidated loss income for the period of MXN 420.553 million a year ago. EBITDA was MXN 478.025 million against MXN 723.082 million a year ago.

For the nine months, the company reported net sales of MXN 9,311.958 million against MXN 12,284.632 million a year ago. Operating income was MXN 1,197.338 million against MXN 1,336.036 million a year ago. Income before income taxes was MXN 688.888 million against loss before income taxes of MXN 178.011 million a year ago. Consolidated net income for the period was MXN 315.616 million against consolidated net loss for the period was MXN 196.917 million a year ago. EBITDA was MXN 1,499.630 million against MXN 1,868.106 million a year ago. Resources generated from operating activities were MXN 2,673.923 million against MXN 547.587 million a year ago. Acquisition of property, machinery and equipment was MXN 258.649 million against MXN 511.597 million a year ago.