Klabin Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2019
August 05, 2019 at 05:22 pm EDT
Share
Klabin announced consolidated earnings results for the second quarter and six months ended June 30, 2019. For the quarter, the company reported net revenue of BRL 2,599,819,000 against BRL 2,235,178,000 a year ago. Operating income (before fin. results) was BRL 437,632,000 against BRL 547,674,000 a year ago. Net income was BRL 72,250,000 against net loss was BRL 954,634,000 a year ago.
For the six months, the company reported net revenue of BRL 5,089,843,000 against BRL 4,424,332,000 a year ago. Operating income (before fin. results) was BRL 969,424,000 against BRL 985,809,000 a year ago. Net loss was BRL 123,914,000 against BRL 829,979,000 a year ago.
Klabin S.A. and its subsidiaries operate in segments of the paper and pulp industry, supplying the domestic and foreign markets with wood, packaging paper, paper sacks, corrugated cardboard boxes and pulp. The Company's segments include Forestry, Paper, Conversion and Pulp. The Forestry segment involves operations relating to planting and growing pine and eucalyptus trees to supply its plants, and involves selling timber to third parties in the domestic market. The Paper segment involves the production and sale of cardboard, kraftliner and recycled paper rolls in the domestic and foreign markets. The Conversion segment involves the production and sale of corrugated cardboard boxes, corrugated cardboard and industrial sacks in the domestic and foreign markets. The Pulp segment includes the production and sale of short fiber bleached pulp, long fiber bleached pulp and fluff pulp in the domestic and foreign markets. The Company has over 20 industrial units in Brazil and Argentina.
KLABIN S.A. 
