Financial Reports
February 15, 2019 – Mercer International Inc. has reported record results for the fourth quarter ended December 31, 2018, which the company says is due to strong pulp sales realizations and record pulp production.
February 13, 2018 – West Fraser has reported its results for the fourth quarter and full year of 2018, citing lower sales and earnings in the quarter but higher earnings and sales for the entire year compared to 2017.
February 6, 2019 – Domtar Corporation has released its fourth-quarter and year-end results, seeing a spike in earnings after a solid showing in the pulp and paper sector.
February 1, 2019 – Weyerhaeuser Company has reported a fourth-quarter 2018 net loss of $93 million, or 12 cents per diluted share, on net sales of $1.6 billion.
Feburary 1, 2019 – Resolute Forest Products has released its preliminary fourth-quarter and year-end 2018 results for the period ended December 31, 2018, reporting $932 million in sales, up $34 million from the year-ago period.
January 24, 2019 – Kimberly-Clark Corporation has reported its year-end 2018 results, citing overall net sales growth of one per cent, and provided its 2019 outlook with a new strategic plan.
January 2, 2019 – West Fraser Timber has entered into a new automatic share purchase plan as part of its normal course issuer bid announced last year.
January 2, 2019 – Cascades has increased its authorized credit facility to approximately CAN$1 billion to incorporate the addition of a US$175 million seven-year term loan, which the company says will provide more financial flexibility and reduce financing costs.
December 11, 2018 – Port Hawkesbury Paper (PHP), producer of supercalendered paper, has released an economic impact report on its effect in Nova Scotia, six years after the mill's re-opening.
November 8, 2018 – Western Forest Products has reported its third-quarter results, with an adjusted EBITDA of $32.3 million, compared to adjusted EBITDA of $32.6 million in the third quarter of 2017, and $50.2 million reported in the second quarter of 2018.
November 8, 2018 – KP Tissue Inc. (KPT) has announced the third-quarter financial and operational results for KPT and Kruger Products L.P. (KPLP). KPT currently holds a 15.8 per cent interest in KPLP.
November 8, 2018 – Cascades Inc. has reported its unaudited third-quarter financial results for the period ended September 30, 2018.
November 7, 2018 – Fortress Global Enterprises has reported its third-quarter results for 2018, with operating EBITDA from continuing operations of $7.5 million compared to operating EBITDA from continuing operations of $2.7 million in the previous quarter and operating EBITDA loss from continuing operations of $1.6 million in the prior-year comparative period.
November 6, 2018 – Rayonier Advanced Materials has announced its third-quarter results, citing a 2018 net income of $38 million, or $0.60 per diluted common share, compared to $16 million, or $0.28 per diluted common share in the third quarter of 2017.
November 1, 2018 – Domtar Corporation has reported its preliminary third-quarter results and simultaneously announced plans to cut back staff and close its Waco, Texas personal care plant by the end of 2019.
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