Report
EUR 176.76 For Business Accounts Only

Empresas CMPC S.A., Inversiones CMPC S.A.: Extended Downtime at Guaiba II May Delay Deleveraging to 2018

CORPORATES ISSUER COMMENT 11 August 2017 RATINGS Inversiones CMPC S.A. Senior Unsecured Baa3 Outlook Stable Source: Moody's Investors Service KEY METRICS: Empresas CMPC S.A. 2015 2016 LTM 1Q17 Revenues ($ bln) 4.8 4.9 4.9 EBITDA Margin 22.1% 20.7%
Underlying
Empresas CMPC S.A.

Empresas CMPC SA is a Chile-based company primarily engaged in the paper products industry. The Company's activities are divided into five business segments: Forestry, which includes products that are logs for the manufacturing of cellulose pulp and solid lumber products, such as sawn lumber, remanufactured products and plywood boards; Pulp, which provides pulp manufactured in production lines in Chile and Brazil; Paper, which focuses on the production and marketing of cardboard, paper for corrugation , industrial-use paper and newsprint; Tissue, which is responsible for producing and selling tissue, sanitary and specialized hygienic products, such as toilet paper, napkins, baby diapers and facial tissues, and Other, which includes general administrative services. The Company operates in Argentina, Colombia, Mexico, Peru and Ecuador, among others. It controls a number of subsidiaries, such as CMPC Celulosa SA, Cartulinas CMPC SA, Chimolsa SA La Papelera del Plata SA.

Provider
Moody's Investors Service
Moody's Investors Service

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