Klabin S.A. Reports Consolidated Financial Results for the First Ended March 31, 2018
April 25, 2018
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Klabin S.A. reported consolidated financial results for the first ended March 31, 2018. For the quarter, the company reported net revenue of BRL 2,189,154,000 against BRL 1,866,692,000 a year ago. Operating Income (before Fin. Results) was BRL 438,135,000 against BRL 534,662,000 a year ago. Net financial revenues negative was BRL 262,176,000 against net financial revenues of BRL 318,393,000 a year ago. Net income before taxes was BRL 177,588,000 against BRL 859,644,000 a year ago. Net income was BRL 124,655,000 against BRL 602,025,000 a year ago. Adjusted EBITDA was BRL 759,561,000 against BRL 538,622,000 a year ago. Cash flow from operating activities was BRL 510,723,000 against BRL 606,229,000 a year ago. Purchase of property, plant and equipment was BRL 168,934,000 against BRL 207,473,000 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.