Fibria: injury totals R $ 593 mi in 2nd tri of 2013

SÃO PAULO (AE)-Fibria, world's largest producer of eucalyptus pulp, had a loss of r $ 593 million in the second quarter of 2013, 13% worse than the loss of r $ 524 million for the same period last year. The quarterly balance negative, already awaited by the market trend, originated mainly in the effect of exchange rate variations on the financial result.
How has the largest part of the debt denominated in foreign currency, Fibria registers financial expenditure whenever the dollar has strong appreciation in relation to the real, if 10% variation of the registered Ax dollar in the second quarter. This variation contributed to Fibria's financial result remained negative at R $ 1,162) billion, up from $ 1,235 billion negative in the second quarter of 2012.
The company's operating results, however, showed recovery. The Ebitda (earnings before interest, taxes, depreciation and amortization), indicator that has been released by Fibria in recent quarters in addition to Ebitda totaled r $ 647 million, expansion of 18% over the same period last year.
The expansion of the Ebitda increase of 12% of net revenues, which totaled r $ 1,669 billion between April and June. High revenue is supported by most attractive in sales to foreign markets, made in dollars, and in the three adjustments applied by the pulp producers in the months of January, March and may.