Klabin Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2018
July 29, 2018
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Klabin announced consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported net revenue of BRL 2,235,178,000 against BRL 1,984,195,000 a year ago. Adjusted EBITDA was BRL 884,117,000 against BRL 594,689,000 a year ago. Operating income (before fin. results) was BRL 547,674,000 against BRL 70,211,000 a year ago. Net loss before taxes was BRL 1,462,203,000 against BRL 600,162,000 a year ago. Net loss was BRL 954,634,000 against BRL 377,583,000 a year ago. Capex was BRL 193 million against BRL 230 million a year ago.
For the six months, the company reported net revenue of BRL 4,424,332,000 against BRL 3,850,887,000 a year ago. Adjusted EBITDA was BRL 1,643,678,000 against BRL 1,133,311,000 a year ago. Net loss was BRL 829,979,000 against net income of BRL 224,442,000 a year ago. Net debt was BRL 12,597,000 against BRL 11,748,000 a year ago. Operating income (before fin. results) was BRL 985,809,000 against BRL 604,873,000 a year ago. Net loss before taxes was BRL 1,284,615,000 against net income before taxes of BRL 259,482,000 a year ago. Capex was BRL 423 million against BRL 460 million 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. 
