Arauco reported weaker results in its wood products division at the end of 2025, as lower sales volumes and softer demand weighed on revenues and profitability. Group revenues reached $1.52bn in the fourth quarter, down 8.6% year-on-year, while adjusted EBITDA fell to $318.6m. Over the full year, earnings declined more sharply, with adjusted EBITDA down 33.9%. Within this, the wood products segment — covering panels and lumber — continued to lose momentum. Revenues fell to $739.4m in the fourth quarter, a decline of 6.5% compared with the same period a year earlier ...