Nov 08, 2024 / 03:00PM GMT
Fernando Hasenberg Larios - Empresas CMPC SA - Chief Financial Officer
Hello, everyone. I am Fernando Hasenberg, CFO of CMPC, and I would like to welcome you to our Third Quarter 2024 Earnings Webinar. Today, we have a full house. We have Francisco Ruiz-Tagle, CEO of CMPC; Gonzalo Darraidou, CEO of Softys; Raimundo Varela, CEO of CMPC Pulp; Guilherme Viesi, Commercial Director at CMPC Pulp; and Claudia Cavada, our Investor Relations Officer.
Please note that the statements made today during the presentation and Q&A may include forward-looking statements to assist you in understanding our expectations for future performance. These statements are subject to some risks and could cause actual results and events to differ materially.
Third quarter 2024 sales totaled $1.984 billion, EBITDA was $433 million and net income was $147 million. The pulp business generated an EBITDA of $317 million with an EBITDA margin of 37%. EBITDA increased 26% quarter-over-quarter, primarily due to higher sales volumes. Softys business show an EBITDA of $109 million with an EBITDA margin of 13%, decreasing
Q3 2024 Empresas CMPC SA Earnings Call Transcript
Nov 08, 2024
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