Cost Reductions and Improved Scenario Generate Higher Margins and EBITDA Reaches a Record US$ 107 million
SAO PAULO, April 13 /PRNewswire-FirstCall/ -- Votorantim Celulose e Papel S.A. (NYSE:VCP) (BOVESPA: VCPA4) (VCP), one of the largest pulp & paper producers in Latin America, announced today its results for the first quarter of 2006 (1Q06). Please visit the website http://www.vcp.com.br/Investidores/ to access the release.
*EBITDA adjusted to 4Q05, net of non-recurring provisions. Key Financial Indicators
(in US$ millions) 1Q06 4Q05 1Q06/4Q05 1Q05 1Q06/1Q05
Net Sales Revenue 300 315 (5%) 251 20%
Domestic Sales 149 167 (11%) 119 25%
Exports 151 148 2% 132 14%
Operating Profit(1) 73 43 70% 71 3%
Net Income 92 50 84% 61 51%
EPS(2) US$ 0.48 0.26 85% 0.32 50%
EBITDA 107 100(3) 7% 96 11% (1) Operating income, excluding financial result, equity result and amortization of goodwill.
(2) Earnings per share (net income / total outstanding shares ex-treasury). (3) Adjusted, net of non-recurring provisions.
CONFERENCE CALLS English:
Date: 04/17/2006 (Monday)
Time: 09:00 a.m. (US Eastern Time), 10:00 a.m. (Brazil Time)
Dial-in Number: +1-973-935-2100
Code: 7233257
Replay (available for 7 days): +1-973-341-3080
Code: 7233257 Portuguese
Date: 04/17/2006 (Monday)
Time: 11:00 a.m. (Local Time), 10:00 a.m. (US Eastern Time)
Dial-in Number: +55-11-2101-1490
Code: VCP
Replay (available for 7 days): + 55-11-2101-1490
Code: VCP Investor Relations
Valdir Roque - Finance and Investor Relations Officer
Alfredo F. Villares - Investor Relations Manager
Andrea Kannebley
Isabela Cadenassi Carlos
Tel: (11) 2138-4168 / 4261 /4287 | Fax: (11) 2138-4066
http://www.vcp.com.br/ DATASOURCE: Votorantim Celulose e Papel S/A CONTACT: Investors, Valdir Roque, Finance and Investor Relations Officer, or Alfredo F. Villares, Investor Relations Manager, or Andrea Kannebley, or Isabela Cadenassi Carlos, all of Votorantim, +011-5511-2138-4168, or +011-5511-2138-4261, or +011-5511-2138-4287, or fax, +011-5511-2138-4066, or Web site: http://www.vcp.com.br/
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