October 31, 2014 3:22 PM ET

Paper and Forest Products

Company Overview of Celulosa Arauco y Constitución S.A.

Company Overview

Celulosa Arauco y Constitución S.A., together with its subsidiaries, produces, sells, and exports forestry and timber products worldwide. It offers pulp, plywood and fiberboard panels, sawn timber, and forestry products. The company’s pulp products include long and short fiber bleached pulp, long fiber raw pulp, and pulp fluff for manufacturing printing and writing paper, hygienic and sanitary paper, board, and packaging; and panels products, such as plywood panels, medium density fiberboard (MDF) panels, hardboard panels, agglomerated PB panels, and MDF moldings. Its sawn timber products comprise various sizes of sawn wood and remanufactured products, such as moldings, precut pieces, and fi...

El Golf Avenue 150

14th Floor

Las Condes

Santiago,  

Chile

13,660 Employees

Phone:

56 2 461 7200

Fax:

56 2 698 5967

Key Executives for Celulosa Arauco y Constitución S.A.

Chief Executive Officer and Member of Audit Committee
Age: 52
President
Age: 47
Chief Financial Officer
Age: 46
Chief Accounting Officer
Age: 57
Senior Vice-President of Forestry
Age: 58
Compensation as of Fiscal Year 2014.

Celulosa Arauco y Constitución S.A. Key Developments

ARAUCO AND CONSTITUTION PULP INC. Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2014

ARAUCO AND CONSTITUTION PULP INC. reported unaudited consolidated earnings results for the six months ended June 30, 2014. For the six months, the company reported total revenues of USD 2,599.3 million compared to USD 2,551.9 million a year ago. Income before income tax was USD 316.7 million compared to USD 312.8 million a year ago. Net income was USD 232.7 million compared to USD 257.7 million a year ago. Net cash flow provided by operating activities increased 16.2% from USD 356.8 million for the first six months of 2013 to USD 414.6 million for the first six months of 2014 primarily as a result of receipt of USD 29.8 million in cash in respect of insurance claims in the first six months of 2013.

Celulosa Arauco y Constitución S.A. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Celulosa Arauco y Constitución S.A. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenues of $1,374.6 million against $1,365.0 million a year ago. Operating income was $159.1 million against $168.8 million a year ago. Net income was $127.2 million against $164.1 million a year ago. Adjusted EBITDA was $308.0 million against $350.4 million a year ago. Net financial debt at June 30, 2014 was $4,372.1 million. The main variances in revenues during this quarter were (i) an increase in sales of sawn timber business, with a 24.4% increase in volume sales, and an 0.7% increase in average prices; (ii) an increase in sales of pulp, with a 12.9% increase in volume sales partially offset by a 1.6% decrease in average prices; and (iii) an increase in sales of panels with a 2.7% increase in volume sales and a 4.1% increase in prices. EBIT was $216.5 million against $256.7 million a year ago. EBITDA was $301.7 million against $331.3 million a year ago. ROA was 5.9%. ROE was 7.1%. Income before income tax was $163.6 million against $203.4 million a year ago. Profit attributable to parent company was $125.9 million against $104.2 million a year ago. Net cash provided by operating activities was $312.5 million. Capital expenditures were $171.6 million against $219.6 million a year ago. For the six months, the company reported net income of $232.7 million compared to $257.7 million a year ago. Operating income was $338.1 million compared to $265.6 million a year ago. Revenues were $2,599.3 million compared to $2,551.9 million a year ago. Adjusted EBITDA was $610.9 million compared to $586.8 million a year ago. ROA was 5.7%. ROE was 4.7%. Capital expenditures were $370.5 million against $424.7 million a year ago. EBIT was $419.2 million compared to $416.4 million a year ago. EBITDA was $607.2 million compared to $560.8 million a year ago. Capital expenditures were $260.4 million compared to $481.9 million a year ago.

Celulosa Arauco y Constitución S.A., Q2 2014 Earnings Call, Aug 28, 2014

Celulosa Arauco y Constitución S.A., Q2 2014 Earnings Call, Aug 28, 2014

Similar Private Companies By Industry

Company Name Region
Argos Sociedad Por Acinos Americas
Forestal Carampangue S.A. Americas
Bosques de Chile SA Americas
Norske Skog Bío Bío S.a. Americas
Maderas Prensadas Cholguan S.A. Americas

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 20, 2013
Forestal Valdivia SA
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Celulosa Arauco y Constitución S.A., please visit www.arauco.cl. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.