The Valor Econômico newspaper, one of the most prestigious communication vehicles in the sector of the Brazilian economy , annually publishes the magazine, “Revista Valor 1000”, with information relating to the one thousand biggest companies in the country and it provides an analysis of the performance in their respective sectors of activity.
Within the paper and wood pulp sector, Celulose Irani is located in second place in Sustainable Growth (variation of the net revenue over the variation of adjusted net equity) and is in eighth position in Asset Turnover (net revenue over total assets).
Companies were chosen by a questionnaire that evaluated, in addition to the financial aspects of the company, the corporate governance and social-environmental conduct.
According to the Yearbook, the 1000 largest companies in the country had a rare year in 2007. The profitability of these companies reached 16.8%, less that that obtained by the banks (23.6%), but the greatest yearly increase shown in the Yearbook, which started collecting data in 2000, near to the numbers for 2004 (16.6%), a year in which the economy also grew at a greater rate.
“The general indebtedness decreased from 121.4% to 109.6%, the revenue increased by 14.6% and the total assets increased 12.3% revealing an obligation in investing”, highlighted the editor of the Yearbook.
The Valor 1000 Yearbook, as well as the financial analysis, also brings a special report on investment tendencies in the country. The BNDES, expects, over the next four years, the greatest cycle of investments in almost three decades.
In 2007, Celulose Irani registered a growth of 16.6% in its consolidated gross revenue in relation to the previous year. The growth of the country´s GDP in that same period was 5.4%, according to the Brazilian Institute of Geography and Statistics – IBGE. The Company´s consolidated EBITDA was 38.2% larger in 2007 in relation to the previous year.
In 2007, Celulose Irani showed a growth of 16.6% in its consolidated gross revenue in relation to the previous year. The growth of the country´s GDP in that same period was 5.4%, according to the Brazilian Institute of Geography and Statistics – IBGE. The Company´s consolidated EBITDA was 38.2% larger in 2007 in relation to the previous year.
The general ranking showed that IRANI increased 23 positions in relation to the Yearbook published last year.
