Empresas CMPC stock in focus after 84% profit drop through September

Empresas CMPC reported a sharp decline in earnings for the first nine months of 2026, with net profit falling 84 percent to 26 million US dollars from 164 million US dollars a year earlier. El Fondo published the figures on November 6.

Revenue holds as costs rise

Revenue reached 5.665 billion US dollars through September, up 1 percent from 5.585 billion US dollars in the same period of 2025. Higher sales, distribution and financial costs, together with lower pulp prices, reduced profitability.

EBITDA declined 11 percent to 494 million US dollars. Excluding a 46 million US dollar contribution from the sale of power transmission unit Tensa, adjusted EBITDA fell 6 percent.

Mixed performance across divisions

The pulp business generated 4 million US dollars more revenue, as stronger power-plant revenue partly offset a 9 percent decline in average softwood prices. Softwood volumes fell by 23,000 tonnes and hardwood volumes by 112,000 tonnes.

Biopackaging revenue decreased 4 percent, or about 34 million US dollars, amid weaker Sack Kraft packaging paper sales. Softys, the tissue and personal-care division, increased revenue 7 percent, or about 179 million US dollars, helped by foreign-exchange effects, higher volumes and the acquisition of Softys Falcon in Brazil during the second quarter of 2025.

Business and competitive position

Empresas CMPC operates across forestry, pulp, biopackaging, tissue and personal-care products. Its portfolio combines raw-material assets and industrial businesses, with pulp and packaging exposed to prices, volumes and input costs. Softys provides a consumer-products counterweight within the group, while recent results show that this diversification has not fully offset pressure in pulp and packaging.

Across the current market reports, investors are watching how commodity prices and input costs shape earnings across forestry and paper companies.