Arauco faces challenging 2019
Arauco, one of the largest forestry companies in the world, reported revenues of USD 1,202.3 million in the fourth quarter, a decrease of 13.3 percent when compared to the third quarter, and a 12.9 percent decrease compared to the same period in 2018. This variation is mainly explained by lower revenues in the wood products division, due to lower sales volume (- 7.7%) and to lower prices (- 0.9%), and because of a decrease in sales volume (-15.2%) and prices (-3.0%) in the pulp division. Adjusted EBITDA for ...
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