Empresas CMPC SA 2008 AR2
The report highlights Empresas CMPC S.A.'s performance during the 2008 fiscal year, which was significantly impacted by the global financial crisis. Despite a 7.3% increase in consolidated sales to Ch$1,873,944 million, net profit decreased by 52% to Ch$129,446 million due to reduced prices and margins across most business areas. The company continued its long-term investments, including environmental improvements at the Pacifico Mill and capacity expansions in its tissue business across Argentina, Peru, Uruguay, and Mexico. CMPC also maintained its commitment to local communities through the CMPC Foundation and the Good Neighbourhood Plan, while preparing for transition to IFRS accounting standards in 2009.
Company: Empresas CMPC SA
Sector: Materials
Country: Chile
Year: 2008
Type: AR2
Pages: 93
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Empresas CMPC SA
Annual Report
The report highlights Empresas CMPC S.A.'s performance during the 2008 fiscal year, which was significantly impacted by the global financial crisis. Despite a 7.3% increase in consolidated sales to Ch$1,873,944 million, net profit decreased by 52% to Ch$129,446 million due to reduced prices and margins across most business areas. The company continued its long-term investments, including environmental improvements at the Pacifico Mill and capacity expansions in its tissue business across Argentina, Peru, Uruguay, and Mexico. CMPC also maintained its commitment to local communities through the CMPC Foundation and the Good Neighbourhood Plan, while preparing for transition to IFRS accounting standards in 2009.
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Document Details
Report Year
2008
Reporting Period
Jan 1, 2008 - Dec 31, 2008
Fiscal Year
2008
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
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