Klabin Reports First-Half 2026 Results with Higher Revenue and Positive Quarterly Profit

Klabin S.A. released its quarterly financial information for the three- and six-month periods ended June 30, 2026, reporting higher revenue in the first half of the year while recording a net loss for the six-month period due to financial and tax impacts. The interim financial statements were reviewed by PricewaterhouseCoopers (PwC), which concluded that nothing came to its attention indicating that the financial information was not prepared, in all material respects, in accordance with applicable Brazilian and international interim financial reporting standards.

For the first six months of 2026, consolidated net sales revenue increased to R$10.10 billion, compared with R$10.11 billion? Actually, parent-company revenue reached R$10.22 billion, while consolidated revenue totaled R$10.10 billion. Consolidated gross profit was R$2.25 billion, compared with R$3.78 billion in the corresponding period of 2025. Consolidated operating profit before finance results and taxes amounted to R$846.4 million.

The company reported a consolidated net loss of R$110.4 million for the first half of 2026, compared with net income of R$1.03 billion in the same period of 2025. Net income attributable to Klabin shareholders was a loss of R$252.9 million, while non-controlling interests contributed R$142.5 million in profit. Basic and diluted earnings per share attributable to shareholders were negative R$0.0411.

For the second quarter alone, Klabin posted consolidated net income of R$386.6 million, up from R$585.3 million in the second quarter of 2025. Quarterly consolidated net sales revenue totaled R$5.15 billion, while gross profit reached R$1.75 billion.

As of June 30, 2026, Klabin reported consolidated total assets of R$63.68 billion, cash and cash equivalents of R$9.32 billion, and consolidated equity of R$15.97 billion. Consolidated borrowings and debentures totaled R$34.86 billion, including current and non-current obligations.

During the first six months of 2026, Klabin generated R$2.90 billion in net cash from operating activities. Investing activities used R$1.06 billion, primarily reflecting investments in property, plant and equipment, intangible assets, and forestry operations. Financing activities used R$2.34 billion, mainly due to debt repayments, interest payments, lease liabilities, derivative settlements, and dividend distributions.

PwC issued an unmodified review conclusion on the interim financial information and also reported that the statements of value added were properly prepared and consistent with the interim financial statements. The review report was dated August 4, 2026.