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Quarterly Results: Forest Products Companies
Norbord, out of Toronto, ON, Friday reported a loss of US$6 million, or US$0.11 per share, in 1Q 2015 compared to earnings of US$3 million, or US$0.06 per share, in the prior quarter and earnings of US$7 million, or US$0.13 per share, in 1Q 2014. Norbord also announced completion of the merger with Ainsworth, making…
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Deltic, West Fraser Report
Deltic Timber, based in El Dorado, AR, Monday reported 1Q earnings of US$1.9 million. On a per-share basis, the El Dorado, Arkansas-based company said it had profit of 15 US cents. The lumber company posted revenue of US$48.4 million in the period. West Fraser Timber, out of Vancouver, BC, reported Friday earnings of $49 million,…
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Cascades Reports
Cascades Inc, out of Kingsey Falls, QC, Friday released results for the 4Q 2014. In comparison to the same period last year, sales increased by 4 per cent, to $879 million, compared to $844 million in the 4Q 2013 due to favourable exchange rates and higher shipments that more than offset lower average selling prices…
