Bio-PAPPEL SAB de CV reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported net sales of $223.429 million compared to $238.616 million a year ago. Operating income was $24.965 million compared to $26.888 million a year ago. Income before income taxes were $28.597 million compared to $15.187 million a year ago. Net income of controlling interest was $14.717 million compared to $13.325 million a year ago. EBITDA was $32.647 million compared to $33.731 million a year ago. Net debt was $112.5 million against $171.7 million a year ago.

For nine months, the company reported net sales of $706.655 million compared to $686.908 million a year ago. Operating income was $53.927 million compared to $85.889 million a year ago. Income before income taxes were $51.991 million compared to $60.654 million a year ago. Net income of controlling interest was $31.737 million compared to $59.894 million a year ago. EBITDA was $76.028 million compared to $108.014 million a year ago. Resources generated from operating activities were $1,036.005 million compared to $78.814 million a year ago. Acquisition of property, machinery and equipment was of $339.820 million compared to $25.852 million a year ago.