Irani’s revenue rises in 4Q18; corrugated sales drop 7.8% yoy

SAO PAULO, March 12, 2019 (PPI Latin America) -Brazilian paper and packaging producer Celulose Irani reported increasing net revenue in the fourth quarter of 2018 despite a drop in sales in the company’s most important market, corrugated board. The company sold 45,380 tonnes of corrugated board in the quarter, 7.8% lower than a year ago.

Irani explained that annual corrugated sales volume declined after it ended one production shift at its Vila Maria unit, located in the state of São Paulo. Despite the lower volumes, Irani’s results were benefited by higher prices. The company highlighted in its fourth quarter results release ...

Back To Top
Speak with a sales representative now Contact Sales