Arauco’s sales down 18.8% in Q1/2020
Arauco, one of the largest global forest companies, reported sales revenues of USD 1,127.2 million during the first quarter of 2020 (1Q-2020), a 18.8 percent decrease compared to the first quarter of 2019. Company’s adjusted EBITDA reached USD 194.6 million, a 45.2 percent or USD 160.3 million decrease compared to the same period of 2019, while net income (profit/loss) was USD -29.7 million, a USD 155.8 million decrease compared to the first quarter of 2019. In the first quarter 2020 sales of the ...
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