Empresas CMPC S.A. Reports Earnings Results for the First Quarter of 2018
April 27, 2018 at 01:00 pm EDT
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Empresas CMPC S.A. reported earnings results for the first quarter of 2018. For the period, the company has posted consolidated revenues reached $1.5 billion, increasing 14% quarter-over-quarter and 23% year-over-year, as such EBITDA reached the higher in history with $399 million, and was up 56% quarter-on-quarter and 90% year-on-year. CapEx reached $103 million.
Empresas CMPC SA is a Chile-based company primarily engaged in the paper products industry. The Companyâs activities are divided into five business segments: Forestry, which includes products that are logs for the manufacturing of cellulose pulp and solid lumber products, such as sawn lumber, remanufactured products and plywood boards; Pulp, which provides pulp manufactured in production lines in Chile and Brazil; Paper, which focuses on the production and marketing of cardboard, paper for corrugation , industrial-use paper and newsprint; Tissue, which is responsible for producing and selling tissue, sanitary and specialized hygienic products, such as toilet paper, napkins, baby diapers and facial tissues, and Other, which includes general administrative services. The Company operates in Argentina, Colombia, Mexico, Peru and Ecuador, among others. It controls a number of subsidiaries, such as CMPC Celulosa SA, Cartulinas CMPC SA, Chimolsa SA La Papelera del Plata SA.