Irani Industry Grows 8.6% in revenue in 2018

The Irani, corrugated box industry and packaging papers, grew 8.6% in net revenue last year, to $932.8 million. The net profit, for your time, was R $3 million. Operating cash generation, as measured by adjusted Ebitda, amounted to $178.3 million, up 15.4 R% compared to 2017. According to the company, the results are associated with cost reduction of scrap and expenses. Sales in the packaging paper segment increased 7.7%, to 95900 tons, and the volume on corrugated cardboard packaging division fell 5.7%, totaling 182,300 tons.