Q4 2024 Empresas CMPC SA Earnings Call Transcript

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Jan 31, 2025

Jan 31, 2025 / 03:00PM GMT
Fernando Hasenberg Larios - Empresas CMPC SA - Chief Financial and Administrative Officer

Hello, everyone. I'm Fernando Hasenberg, CFO of CMPC, and I would like to welcome you to our fourth quarter 2024 earnings webinar. Joining me today, I have Francisco Ruiz-Tagle, CEO of CMPC; 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.

In the fourth quarter 2024, sales amounted $1.9 billion. EBITDA was $332 million, and net income was $10 million. The Pulp business generated an EBITDA of $230 million with an EBITDA margin of 27.6%. EBITDA decreased by 27% quarter-over-quarter, primarily due to a lower average pulp price.

The Softys business show an EBITDA of $104 million, decreasing 5% quarter-over-quarter with an EBITDA margin of 13.1%. These figures reflect unfavorable exchange rate

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