- Adjusted EBITDA, which has set successive records, reached R＄ 2.311 billion in the third quarter of the year, growing 20% from the same period in 2021;
- Driven by growth across all business lines, net revenue in 3Q22 totaled R＄ 5.488 billion, up 26% from 3Q21;
- Best result in Klabin's history underscores the Company's successful integrated, diversified and flexible business model.
São Paulo, October 26, 2022 - Klabin, Brazil’s largest producer and exporter of packaging paper and sustainable solutions in paper packaging, and the only one in the country to offer hardwood, softwood and fluff pulp, has reported the best quarterly results in its history. Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) reached R＄2.311 billion in the third quarter of 2022 (3Q22), an increase of 20% from the third quarter of 2021 and a new record for the company.
Sales volume in the third quarter of 2022 was over 1 million tons, growing 4% from the same period in 2021, thanks to the strategic diversification of products and markets, combined with strong operating performance. Sales volume of the paper business, which grew 15% year on year, benefitted from the additional volume of Eukaliner® produced by MP27 (first phase of the Puma II Project).
Net revenue reached R＄ 5.488 billion in 3Q22, increasing 26% from 3Q21, driven by higher sales volume and price adjustments in recent quarters across all business units, as well as the positive exchange rate effect in the period.
Return on Invested Capital (ROIC) in the last 12 months stood at 19.3%, underlining Klabin's ability to combine growth and value generation for shareholders in diverse scenarios. The record results in 3Q22 further consolidate the Company's successful integrated, diversified and flexible business model, and reaffirm the confidence in its path of expansion followed consistently over the past few years.
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