Duratex impacted by higher costs in 4Q 2011
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BRAZIL (Notifix).- On a stable market in terms of board volume output during the last quarter of 2011 sales of Duratex wood division, the largest Latin American board manufacturer, were up 1.5% to BR $ 479.5 million. However EBITDA was impacted by higher costs falling 24.6% to BR$ 126.9 million. For the year sales were up 2.5% totaling BR$ 1,875.6 million with an EBITDA of BR$ 349.6 million, 20% below 2010.