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Forest Company Quarterly Results
Weyerhaeuser, Plum Creek, and Potlatch have all released 2Q 2015 financial results in the past week Weyerhaeuser, out of Federal Way, WA, posted quarterly net earnings to common shareholders of US$133 million, or $0.26 per share, compared to US$280 million, or $0.47 per share, in the year-ago period. Its sales slipped to $1.81 billion from…
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Forest Company Quarterly Results: 2Q 2015
Interfor Corp, Resolute Forest Products, Tembec Inc, and Norbord all announced second-quarter 2015 financial results this week. Interfor Corp, out of Vancouver, BC, recorded Thursday a net loss of $20.6 million, or $0.29 per share, on sales of $429.7 million in Q2 2015 compared with a net loss of $0.2 million in the previous quarter…
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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…
