CHILE – Masisa reported USD 212.5 million in revenue for January–September 2025, a 4.1% decline compared with the same period in 2024.
The company attributes the decrease to weak market activity in the United States, driven by uncertainty surrounding tariff policies.
In Chile, market conditions remained stable year over year, although demand continues to be hampered by slow economic activity.
Sales volume in the boards and derivatives business fell 7.3%, mainly due to demand contraction in the U.S. market, partly offset by other regions.
EBITDA totaled USD 12.1 million, nearly unchanged from 2024 (+0.8%), reflecting ongoing weak demand in the company’s main markets. Lower production line utilization also affected fixed-cost dilution.
As of September 30, 2025, Masisa recorded a net loss of USD 14.0 million, a 10.3% improvement over the previous year.
The EBITDA margin reached 5.7%, slightly above the 5.4% posted in 2024.

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