Empresas CMPC S.A. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company's sales were $1,338,322,000 compared to $1,245,389,000 a year ago. EBITDA was $322,862,000 compared to $264,197,000 a year ago. The higher sequential EBITDA resulted from increased EBITDA in all business divisions, with a 34% increase at the Paper division, 18% increase at the Tissue division and 7% increase at the Pulp division. Operating income was $158,000,000 compared to $103,538,000 a year ago. Net income was $88,669,000 compared to $36,523,000 a year ago. Net income attributable to owners of the parent was $88,650,000 compared to $36,592,000 a year ago. Net cash flows from operating activities was $340,586,000 compared to $219,645,000 a year ago. Purchases of property, plant and equipment was $100,395,000 compared to $103,757,000 a year ago. CAPEX was $126 million compared to $141 million a year ago. These capital expenditures are mainly related to forestry maintenance, and disbursements related to the Laja, Maule and Cañete project. Also, the repairs of the recovery boiler of the Guaíba II mill accounted for approximately $19 million during the quarter. For the nine months, the company's sales were $3,831,082,000 compared to $3,594,654,000 a year ago. EBITDA was $821,895,000 compared to $746,540,000 a year ago. Operating income was $360,143,000 compared to $298,892,000 a year ago. Net income was $96,457,000 compared to $143,975,000 a year ago. Net income attributable to owners of the parent was $98,232,000 compared to $143,955,000 a year ago. Net cash flows from operating activities was $910,000,000 compared to $666,600,000 a year ago. Purchases of property, plant and equipment was $272,645,000 compared to $325,967,000 a year ago. CAPEX was $345 million compared to $418 million a year ago. Net financial debt stood at $3,229 million as of September 30th, 2017, down 4% compared to June 30, 2017, and 11% compared to September 30th, 2016.