Empresas CMPC S.A. Reports Unaudited Consolidated Earnings Results for Third Quarter and Nine Months Ended September 30, 2018
November 16, 2018 at 08:00 am EST
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Empresas CMPC S.A. reported unaudited consolidated earnings results for third quarter and nine months ended September 30, 2018. For the quarter, the company’s sales were $1,623,058,000 against $1,338,322,000 a year ago. EBITDA was $507,720,000 against $323,991,000 a year ago. Operating income was $336,226,000 against $159,129,000 a year ago. Net income attributable to owners of the parent was $150,929,000 against $88,650,000 a year ago.
For the nine months, the company’s sales were $4,736,177,000 against $3,831,082,000 a year ago. EBITDA was $1,413,439,000 against $824,513,000 a year ago. Operating income was $907,191,000 against $362,761,000 a year ago. Net income attributable to owners of the parent was $390,233,000 against $98,232,000 a year ago. Profit before tax was $712,150,000 against $102,105,000 a year ago.
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.
EMPRESAS CMPC S.A. 
