Arauco's sales up 19% in 2010

Chile (Notifix).- Arauco's consolidated sales for the fourth quarter of 2010 reached U.S.$ 1,055.0 million, 1.9% higher than the U.S.$ 1,035.1 obtained during the third quarter of 2010, mainly due to higher sales in all of our product lines. Forestry, Panel, Sawn Timber and Pulp divisions increased 9.3%, 3.9%, 0.9% and 0.4% respectively, compared with the previous quarter. Compared to the U.S.$ 885.4 million obtained in the fourth quarter of 2009, consolidated sales were 19.1% higher during the fourth quarter of 2010, mainly due to an increase in sales of all our business segments. During the fourth quarter of this year, production volume increased 0.4% in the Panel division while Pulp and Sawn Timber divisions decreased 9.3% and 6.2%, respectively, when compared with the last quarter. Compared to the fourth quarter of 2009, production volume increased 9.0% in Sawn Timber and 6.6% in Panels, while the Pulp division decreased its production by 16.4%. During November and December the company performed scheduled annual maintenance in the Valdivia pulp mill, which mainly explains the decrease in pulp production of the fourth quarter 2010. Consolidated adjusted EBITDA for this quarter was U.S.$ 419.4 million, a 8.4% higher than the U.S.$ 387.0 million reached during the previous quarter.Arauco, ventas de tableros de madera*

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