Highlights:
• Total market pulp and paper production of 705 thousand tons.
• Sales volume of 717 thousand tons: 420 thousand tons of pulp and 297 thousand tons of paper.
• Net revenue of R$1.2 billion.
• Pulp production cash cost of R$464/ton (excluding maintenance downtime costs).
• EBITDA of R$ 413 million, with EBITDA margin of 34.7%.
• Net income of R$135 million.
• Net debt/EBITDA ratio: 2.7 in June 2010.
• Successive price increases and global market pulp inventories below historical levels.
• New increases in paper prices in both domestic and export markets.
• Cash and cash equivalents of R$ 2.5 billion on June 30, 2010.
• Gross debt reduction of R$ 202 million. |