Tembec Reports

Tembec Reports

Tembec Inc reported 3Q 2015 results Thursday, finding that consolidated sales for the three-month period ended September 26, 2015, were $373 million, as compared to $371 million in the same quarter a year ago. The Company generated a net loss of $32 million, or $0.32 per share, in the September 2015 quarter compared to net earnings of $5 million, or $0.05 per share, in the September 2014 quarter. The current quarter results include a non-cash loss of $38 million related to the translation of US dollar denominated debt.

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