Pulp Markets
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Arauco reports a 33% drop in EBITDA as US-China trade war impacts wood products and pulp markets
Arauco´s fourth quarter net income was US$70.1 million, a decrease of 68.2% compared to the third quarter, driven by lower revenues mainly in the pulp segment, and higher other expenses. This lower income explains the decrease by 33.2% in the company's Adjusted EBITDA compared to last quarter, reaching US$342.6 million. Arauco's Adjusted EBITDA margin was 24.9%, down from 33.0% in the previous quarter. In general, for Arauco all markets showed a stable demand, however, the pulp industry was affected by the uncertainty of the trade war between United States and China. Pulp division and wood products sales decreased compared to the last quarter, due to a slight fall in prices and sales volume. This was mainly as result of the delayed impact of the trade war between China and U.S. and seasonality effects that decrease demand, the company reported. This result was slightly offset by... Continue reading
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March 14, 2019
Arauco reports a 33% drop in EBITDA as US-China trade war impacts wood products and pulp markets
Arauco´s fourth quarter net income was US$70.1 million, a decrease of 68.2% compared to the third quarter, driven by lower revenues mainly in the pulp segment, and higher other expenses. This lower income explains the decrease by 33.2% in the company's Adjusted EBITDA compared to last quarter, reaching US$342.6 million. Arauco's Adjusted EBITDA margin was 24.9%, down from 33.0% in the previous quarter. In general, for Arauco all markets showed a stable demand, however, the pulp industry was affected by the uncertainty of the trade war between United States and China. Pulp division and wood products sales decreased compared to the last quarter, due to a slight fall in prices and sales volume. This was mainly as result of the delayed impact of the trade war between China and U.S. and seasonality effects that decrease demand, the company reported. This result was slightly offset by... Continue reading
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Arauco reports a 33% drop in EBITDA as US-China trade war impacts wood products and pulp markets
Arauco´s fourth quarter net income was US$70.1 million, a decrease of 68.2% compared to the third quarter, driven by lower revenues mainly in the pulp segment, and higher other expenses. This lower income explains the decrease by 33.2% in the company's Adjusted EBITDA compared to last quarter, reaching US$342.6 million. Arauco's Adjusted EBITDA margin was 24.9%, down from 33.0% in the previous quarter. In general, for Arauco all markets showed a stable demand, however, the pulp industry was affected by the uncertainty of the trade war between United States and China. Pulp division and wood products sales decreased compared to the last quarter, due to a slight fall in prices and sales volume. This was mainly as result of the delayed impact of the trade war between China and U.S. and seasonality effects that decrease demand, the company reported. This result was slightly offset by... Continue reading
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Arauco reports a 33% drop in EBITDA as US-China trade war impacts wood products and pulp markets
Arauco´s fourth quarter net income was US$70.1 million, a decrease of 68.2% compared to the third quarter, driven by lower revenues mainly in the pulp segment, and higher other expenses. This lower income explains the decrease by 33.2% in the company's Adjusted EBITDA compared to last quarter, reaching US$342.6 million. Arauco's Adjusted EBITDA margin was 24.9%, down from 33.0% in the previous quarter. In general, for Arauco all markets showed a stable demand, however, the pulp industry was affected by the uncertainty of the trade war between United States and China. Pulp division and wood products sales decreased compared to the last quarter, due to a slight fall in prices and sales volume. This was mainly as result of the delayed impact of the trade war between China and U.S. and seasonality effects that decrease demand, the company reported. This result was slightly offset by... Continue reading
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Arauco reports a 33% drop in EBITDA as US-China trade war impacts wood products and pulp markets
Arauco´s fourth quarter net income was US$70.1 million, a decrease of 68.2% compared to the third quarter, driven by lower revenues mainly in the pulp segment, and higher other expenses. This lower income explains the decrease by 33.2% in the company's Adjusted EBITDA compared to last quarter, reaching US$342.6 million. Arauco's Adjusted EBITDA margin was 24.9%, down from 33.0% in the previous quarter. In general, for Arauco all markets showed a stable demand, however, the pulp industry was affected by the uncertainty of the trade war between United States and China. Pulp division and wood products sales decreased compared to the last quarter, due to a slight fall in prices and sales volume. This was mainly as result of the delayed impact of the trade war between China and U.S. and seasonality effects that decrease demand, the company reported. This result was slightly offset by... Continue reading