With the excellent results achieved, Klabin has consolidated a fresh cycle of growth.

The year of 2013 was one of accomplishment, marked by yet another period of consecutive increases in the results and by the start of a new phase of Company growth. The sales volume of paper was 4% above that of 2012 and the Company’s net revenue rose 10% over the year before, favored by a scenario with strong international prices, devaluation of the Real against the dollar and bigger sales of converted products.

AKlabin’s activities are carried out in three large Business Units: Forestry, Paper and Converting. In 2013, The Company continued efforts to reduce costs and increase efficiency, generating expressive results in the Forestry Unit. With this, the evolution of the cash cost per unit remained below Brazilian inflation, even given the higher exchange rate, and as a consequence EBITDA (earnings before interest, taxes, depreciation and amortization) showed growth of 16 % in comparison with 2012.

The results achieved are proof of Klabin’s flexibility, adapting to different macroeconomic conditions and , in this way, overcoming adversities at less favorable times in the economy. The Company outlined its growth strategy, which entailed investments in its converting production capacity, in new kraft and recycled paper machines and in debottlenecking the existing machines. These projects, when concluded, will hike current paper-making capacity by 15%.

Moreover, the Board of Administration approved, in June 2013, the construction of a new plant in the town of Ortigueira (PR), the Puma Project, with a capacity to produce 1.5 million tons of pulp per year.

To be leader in its sectors of activity and to be competitive in the market, these goals continue to be important features of the Company’s management, with its focus on value creation based on solid, lasting relationships with customers, suppliers and other strategic parties.


*Excluding timber.