Financial Reports
August 9, 2018 - KP Tissue (KPT) has announced the second-quarter results of KPT and Kruger Products (KPLP). KPT currently holds a 15.9 per cent interest in KPLP.
August 9, 2018 - Cascades Inc. has announced its unaudited financial results for the three-month period ended June 30, 2018.
August 7, 2018 - Western Forest Products Inc. has published its second-quarter results, noting that lumber shipments increased 21 per cent over Q2 2017 and nine per cent over Q1 2018.
August 7, 2018 - Domtar has announced the results of its second-quarter financial report, citing net earnings of $0.68 per share over $0.61 per share in Q2 2017. Sales for the second quarter of 2018 were $1.4 billion.
August 7, 2018 - Florida's Rayonier Advanced Materials Inc. has reported a second-quarter 2018 net income of $54 million, or $0.83 per diluted common share compared to $5 million, or $0.03 per diluted common share in the second quarter of 2017.
August 3, 2018 - Canfor Corporation has published its second-quarter results and reports not only record-high quarterly sales of $1.46 billion, but also a record adjusted operating income driven by historically high lumber prices and record-high pulp and paper earnings.
August 2, 2018 - Resolute Forest Products Inc. has published its preliminary second quarter 2018 results, showing an increase in sales from the year-ago period.
July 20, 2018 – West Fraser Timber Co. Ltd. has published its second quarter 2018 results, showing record sales and operating earnings for the quarter.
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.
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