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Fibria Celulose SA (FIBR3.SA)

FIBR3.SA on Sao Paulo Stock Exchange

48.10BRL
15 Dec 2017
Change (% chg)

R$ -0.27 (-0.56%)
Prev Close
R$ 48.37
Open
R$ 47.94
Day's High
R$ 48.99
Day's Low
R$ 47.75
Volume
2,076,600
Avg. Vol
2,260,219
52-wk High
R$ 56.13
52-wk Low
R$ 25.05

Latest Key Developments (Source: Significant Developments)

Fibria's Ceo Castelli Says Merger Game Unpredictable In Brazil
Tuesday, 5 Dec 2017 

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 

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

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

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

Fibria Celulose SA announces change of auditor and issuance of export credit notes
Tuesday, 15 Mar 2016 

Fibria Celulose SA:Says that due to corporate operation involving Baker Tilly Brasil Auditores Independentes S/S (Baker Tilly) and BDO RCS Auditores Independentes S/S (BDO), BDO will become company's independent auditor as of Q1.Says that its board has approved issuance of export credit notes, to back fund raising through public distribution of Certificates of Agribusiness Receivables, to be issued by Eco Securitizadora de Direitos Creditorios do Agronegocio SA, in a total amount of up to 1.35 billion Brazilian reais.  Full Article

UPDATE 1-Votorantim Energia, Canada pension board form JV to invest in power

Dec 15 Canada Pension Plan Investment Board (CPPIB) and Brazil's Votorantim Group's energy unit Votorantim Energia have formed a joint venture that will buy two operational wind parks in northeastern Brazil, they said.