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Fibria Swings To Q1 Loss

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Brazil's Fibria Celulose SA (NYSE: FBR) posted a net loss in the first quarter.

Fibria posted a quarterly net loss of 10 million reais ($5.1 million), versus a year-ago profit of 389 million reais.

Pro forma earnings before interest, taxes, depreciation and amortization (EBITDA) dropped 38% to 377 million reais.

Posted-In: lossEarnings News

 

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