Brazilian pulp and paper company Fibria is one of the most notable cases in this year’s Latin Trade CapEx Index, as it jumped to number two from 40 in the previous edition. The index ranks 100 Latin American companies according to their capital expenditure to revenue ratio over the past three years. At number one is Argentine oil firm YPF, up from fifth place last year, investing 37.2 percent of its revenues in capital expenditure. Following YPF and Fibria is Chilean telecoms company Entel, with a 32.7 percent CapEx to revenue ratio. A unique case in this edition is Argentine real estate company Irsa, which came in at number five from not even making it to the index last year. […]
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