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Fibria Celulose SA (FIBR3.SA)

FIBR3.SA on Sao Paulo Stock Exchange

75.87BRL
17 Aug 2018
Change (% chg)

R$ 1.07 (+1.43%)
Prev Close
R$ 74.80
Open
R$ 74.85
Day's High
R$ 76.19
Day's Low
R$ 74.63
Volume
2,934,900
Avg. Vol
1,661,637
52-wk High
R$ 76.38
52-wk Low
R$ 37.63

Latest Key Developments (Source: Significant Developments)

Brazil's Suzano may reduce payout to 25 pct if leverage surpasses 3.5x EBITDA
Friday, 16 Mar 2018 03:27pm EDT 

March 16 (Reuters) - Fibria Celulose Sa ::BRAZIL'S SUZANO CFO BACCI SAYS NEW CO WILL REALIZE SYNERGIES IN 2 OR 3 YEARS.BRAZIL'S SUZANO WILL RAISE NUMBER OF BOARD MEMBERS FROM 9 TO 10 AFTER COMBINATION WITH FIBRIA.BRAZIL'S SUZANO MAY REDUCE PAYOUT TO 25 PERCENT IF LEVERAGE GOES ABOVE 3.5 EBITDA.  Full Article

Suzano says cash flow to shareholders will rise 44 pct after Fibria deal
Friday, 16 Mar 2018 02:05pm EDT 

March 16 (Reuters) - Suzano Papel E Celulose Sa ::SUZANO CEO SAYS TRANSACTION WITH FIBRIA WILL BRING $9.2 BILLION TO BRAZIL.SUZANO CEO SAYS BOTH COMPANIES WILL HAVE 6.4 BILLION REAIS IN CAPITAL SPENDING THIS YEAR.SUZANO CEO SAYS COMBINATION WITH FIBRIA CREATES CO HIGHLY COMPETITIVE.SUZANO CFO SAYS CO AFTER MERGER WILL FOCUS ON REDUCING DEBT LEVELS FAST.SUZANO CFO SAYS DELEVERAGING WILL NOT DEPEND ON SINERGIES.SUZANO PRESENTATION SAYS NEW COMPANY CASH FLOW TO SHAREHOLDERS WILL BE 44 PERCENT HIGHER.BNDES CEO PAULO RABELLO DE CASTRO SAYS FIBRIA-SUZANO TIE UP CREATES NOT A NATIONAL CHAMPION, BUT A WORLD PULP GIANT.BNDES CEO PAULO RABELLO DE CASTRO SAYS THE ONLY CRITERIA FOR ANALYZING SUZANO DEAL WAS POTENTIAL OF VALUE CREATION.SUZANO SAYS NEW COMPANY AIMS TO REACH LEVERAGE OF 3.5 EBITDA BY YEAR-END.  Full Article

Fibria's Ceo Castelli Says Merger Game Unpredictable In Brazil
Tuesday, 5 Dec 2017 11:48am EST 

Dec 5 (Reuters) - Fibria Celulose Sa ::FIBRIA'S CEO CASTELLI SAYS MERGER GAME UNPREDICTABLE IN BRAZIL, NOONE HAS ENOUGH FINANCIAL CAPACITY TO ACQUIRE RIVALS.BRAZIL'S FIBRIA CFO CAVALCANTI HAS NO PLANS TO ACCESS MARKET IN 2018, CASH LEVELS ARE ENOUGH FOR COMPANY'S NEEDS .  Full Article

Brazil's Fibria sees upward trend for pulp prices
Tuesday, 24 Oct 2017 09:30am EDT 

Oct 24 (Reuters) - :Brazil wood pulp producer Fibria Celulose SA <<>> sees an upward trend for pulp prices in the next few months, management said during a conference call on Tuesday.Fibria raised Horizonte 2's 2017 output forecast to 477,000 tonnes from 377,000 tonnes.Horizonte 2's sales forecast increased to 370,000 tonnes from 300,000 tonnes this year, Fibria said.Fibria will reduce unit Aracruz's production capacity to 2.1 million tonnes from 2.3 million tonnes in 2018.  Full Article

Brazil's Fibria says Eldorado buy would not require share issue
Tuesday, 25 Jul 2017 11:36am EDT 

July 25 (Reuters) - Fibria Celulose SS :Brazil wood pulp producer Fibria has not seen any pressure from paper producers' profit margins -executive.Fibria executive says potential acquisition of rival Eldorado would be possible without new share issue.  Full Article

UPM says pulp prices may fall clearly due to new plants
Tuesday, 25 Jul 2017 02:43am EDT 

July 25 (Reuters) - UPM :says new production lines entering the global chemical pulp market may have a clear negative impact on pulp prices.Companies such as Metsa Fibre, Fibria <<>>, Sodra and Chenming are expected to start new pulp mills in the coming quarters.  Full Article

BRIEF-Board of Fibria Celulose approves issue of export credit notes
Tuesday, 11 Oct 2016 11:25am EDT 

Fibria Celulose SA : Said on Monday its board of directors approved an issue of export credit notes to back fund raising via distribution of agribusiness credit receivable certificates in a total amount of up to 1.70 billion Brazilian reais ($527.8 million) .The agribusiness credit receivable certificates to be issued by Eco Securitizadora de Direitos Creditorios do Agronegocio SA.  Full Article

CORRECTED-Brazil conglomerate Votorantim says still eyeing acquisition targets

SAO PAULO, Aug 8 Brazilian conglomerate Votorantim SA is looking for acquisition targets in infrastructure, energy and real estate to invest the proceeds of the sale of its stake in pulpmaker Fibria Celulose SA , senior executives said on Wednesday.