• Klabin SA average ebitda margin for 2023 was 38.02%, a 7.81% decline from 2022.
• Klabin SA average ebitda margin for 2022 was 41.24%, a 12.99% decline from 2021.
• Klabin SA average ebitda margin for 2021 was 36.5%, a 2.7% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.