Due to the current economic environment and the continued significant increase in raw material, manufacturing and logistics costs, Lecta announces a second price increase of 8% on all its 2-side CWF and UWF grades in sheets and reels.
The new prices will be effective on deliveries from June 1st, 2021.
https://www.lecta.com/en/news/Pages/Lecta-to-increase-2-side-CWF-and-UWF-prices-by-8-per-cent-from-June-1st-2021.aspx
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Comparison of Three Months Ended September 30, 2017 to Three Months Ended September 30, 2016: • Net sales for the third quarter of 2017 decreased by $54 million compared to the third quarter of 2016. The sales decline was primarily attributable to a decrease in total sales volume due to the general softening of demand for coated papers and our capacity reductions at our Androscoggin Mill, partially offset by a 1% increase in price. • Gross margin, excluding depreciation, amortization, and depletion expenses, increased from 4.9% of net sales in the third quarter of 2016 to 11.1% in the third quarter of 2017. Gross margin in the third quarter of 2016 was negatively impacted by work-in-process and inventory fair value adjustments associated with fresh-start accounting of $41 million. Without these fresh-start accounting adjustments, gross margin percentage would have been relatively flat quarter over quarter. Click Read More below for additional information.
• Pulp sales of 2,527 thousand tons (stable vs. 3Q19). • Paper sales of 319 thousand tons (+2% vs. 3Q19). • Adjusted EBITDA1 and Operating cash generation² of: R$3.8 billion and R$2.9 billion, respectively. • Adjusted EBITDA1 /ton3 from pulp of R$1,339/ton (+56% vs. 3Q19). • Adjusted EBITDA1 /ton4 of paper of R$1,236/ton (+1% vs. 3Q19). • Average net pulp price – export market: US$458/t (-13% vs. 3Q19). • Average net paper price5 of R$4,081/ton (+1% vs. 3Q19). • Pulp cash cost ex-downtime of R$600/ton (-8% vs. 3Q19). • Capture of operating synergies in line with planning. • Recovery of ICMS credits in Espírito Santo in the gross amount of R$146 million.