The fast pyrolysis of a forestry sector waste composed of Eucalyptus globulus wood, bark and leaves has been studied in a continuous bench-scale conical spouted bed reactor plant at 500 degrees C. A high bio-oil yield of 75.4 wt.% has been obtained, which is explained by the suitable features of this reactor for biomass fast pyrolysis. Gas and bio-oil compositions have been determined by chromatographic techniques, and the char has also been characterized. The bio-oil has a water content of 35 wt.%, and phenols and ketones are the main organic compounds, with a concentration of 26 and 10 wt.%, respectively. In addition, a kinetic study has been carried out in thermobalance using a model of three independent and parallel reactions that allows quantifying this forestry waste's content of hemicellulose, cellulose and lignin. (C) 2015 Elsevier Ltd. All rights reserved.