Financial Reports
June 21, 2018 – After softwood lumber consumption in the United States reached a 10-year high in 2017, demand fell early this year. In spite of reduced first-quarter consumption, lumber production on the U.S. west coast increased by nine per cent year over year when compared to the first quarter of 2017 due to strong demand from China.
May 16, 2018 – Fortress Global Enterprises Inc. has reported its 2018 first quarter results, noting an operating EBITDA loss from continuing operations of $1.4 million compared to an operating EBITDA loss from continuing operations of $5.7 million in the previous quarter.
May 15, 2018 – Rayonier Advanced Materials Inc. of Jacksonville, Fla. has reported a first quarter 2018 net income of $24 million, compared to $10 million in the first quarter of 2017. It represents a 153 per cent increase in diluted earnings per share.
May 14, 2018 – Cascades' strong containerboard fundamentals are driving a positive outlook for the remainder of the year, the company announced in reporting its first-quarter results for 2018.
May 3, 2018 – Resolute Forest Products Inc. has reported net income for the quarter ended March 31, 2018, of $10 million, or $0.11 per share, compared to a net loss of $47 million, or $0.52 per share, in the same period in 2017. Sales were $874 million in the quarter, an increase of $2 million from the first quarter of 2017. Excluding special items, the company reported net income of $17 million, or $0.18 per share, compared to a net loss, excluding special items, of $30 million, or $0.33 per share, in the first quarter of 2017.
May 3, 2018 – Domtar Corporation (NYSE: UFS) (TSX: UFS) has reported net earnings of $54 million ($0.86 per share) for the first quarter of 2018 compared to a net loss of $386 million ($6.16 per share) for the fourth quarter of 2017 and net earnings of $20 million ($0.32 per share) for the first quarter of 2017. Sales for the first quarter of 2018 were $1.3 billion.
Apr. 29, 2018 - Weyerhaeuser Company reported first quarter net earnings of $269 million, or 35 cents per diluted share, on net sales of $1.9 billion. This compares with earnings of $157 million, or 21 cents per diluted share, on net sales of $1.7 billion for the same period last year.
Apr. 25, 2018 - West Fraser Timber Co. Ltd. has reported its first quarter 2018 results. The highlights include: earnings of $197 million or basic EPS of $2.53; adjusted earnings of $231 million or Adjusted basic EPS of $2.98; and reinvested $104 million through capital expenditure and returned $58 million to shareholders through share buybacks and dividend.
Apr. 25, 2018 - Canfor Pulp Products Inc. (CPPI) reported first quarter 2018 results and quarterly dividend.
Feb. 26, 2018 - Canfor has announced its financial results for the fourth quarter of 2017.
Feb. 20, 2018 - West Fraser has announced its 2017 annual and fourth quarter results.
Feb. 8, 2018 - Domtar today reported a net loss of $340 million ($5.42 per share) for the fourth quarter of 2017 compared to net earnings of $70 million ($1.11 per share) for the third quarter of 2017 and net earnings of $47 million ($0.75 per share) for the fourth quarter of 2016. Sales for the fourth quarter of 2017 were $1.3 billion.
Feb. 2, 2018 - Resolute Forest Products Inc. has reported net income for the quarter ended December 31, 2017, of US$13 million, or $0.14 per share, compared to a net loss of $45 million, or $0.50 per share, in the same period in 2016. Sales were $898 million in the quarter, an increase of $9 million from the fourth quarter of 2016. Excluding special items, the company reported net income of $14 million, or $0.15 per share, compared to a net loss, excluding special items, of $7 million, or $0.08 per share, in the fourth quarter of 2016.
Jan. 30, 2018 - Kimberly-Clark Corp. has announced its year-end 2017 results and provided its 2018 outlook. The company also announced a new global restructuring initiative and established a multi-year savings target for its ongoing cost-savings program.
Jan. 8, 2018 - BillerudKorsnäs says wet and mild weather in the fall and early winter has led to a shortage of pulpwood in late 2017 and early 2018.
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