CHILE (Notifix).- Arauco's consolidated sales reached U.S.$ 1,103.7 million during the third quarter of 2011, a decrease of 7.1% compared to the U.S.$ 1,187.8 million obtained in the second quarter of 2011. This decrease is mainly explained by lower sales volume of their panel and pulp divisions of 5.7% and 5.3% respectively, and also a decrease in average prices of the pulp divisions of 7.1%. Compared to the U.S.$ 1,035.1 million obtained in the third quarter of 2010, consolidated sales were 6.6% higher during the third quarter of 2011, mainly due to an increase in sales of our panels and sawn timber divisions which increased 21.3% and 10.8% respectively, compared with the same quarter of last year. During the third quarter of 2011, consolidated adjusted EBITDA reached USD 263.2 million, a decrease of 27.7% compared to the USD 363.5 million adjusted EBITDA obtained during the second quarter of 2011. Arauco's consolidated net income for the third quarter of 2011 reached USD 81.3 million, a decrease of 55.6% compared to the USD 183.1 million obtained in the second quarter of the year, mainly explained by a decrease in gross income of 23.1% or U.S.$ 104.0 million. Capital expenditures during the third quarter of 2011 reached U.S.$ 275.6 million, an increase of 29.9% when compared to the U.S.$ 212.1 million expended during the second quarter of 2011.Arauco, resultados económicos