Adjusted EBITDA totaled R$1,824 million in 1Q18, 8% less than in 4Q17, due to lower sales volume, to the higher cash COGS effect, in turn impacted by the higher production cash cost, partially offset by the higher average net price of pulp in dollars. The EBITDA margin stood at 55% excluding the sale of pulp from Klabin and 49% including this effect. The 1Q18 net financial result was negative by R$270 million, versus a negative R$781 million in 4Q17 and a positive R$331 million in 1Q17. The variation from 4Q17 and 1Q17 was chiefly due to the lower exchange rate effect on the debt position and the hedge result. As a result of all the above, Fibria reported 1Q18 net income of R$615 million, versus net income of R$280 million in 4Q17 and R$329 million in 1Q17. Click Read More below for additional information.
Mactac® announces that its Spartanburg, S.C. facility, which is the most innovative pressure-sensitive materials manufacturing site in the U.S., has earned ISO 9001:2015 quality management certification.
ISO 9001 is the world’s most recognized international certification standard for a quality management system. It provides guidance for companies that aim to ensure products and services consistently meet quality requirements. The certificate distinguishes that Mactac Spartanburg is committed to cost and waste reduction, continuous improvement, regulatory compliance and more, as evident by the facility’s systematic quality management system.
“Having the ISO 9001 certification signifies that Mactac has a systematic quality management system in place and that it is working,” says James Houser, Mactac Spartanburg Quality Assurance Manager. “This is a big deal for our customers. It assures them that Mactac has knowledgeable, trained, and experienced operators who are dedicated to producing quality products. It also provides a foundation for a quality-driven future.”