Standing timber - Market news and analysis

18 hours ago

CatchMark Timber Trust 1Q revenues decreased to $23.1 million

Finance76  
CatchMark Timber Trust's revenues decreased to $23.1 million for the three months ended March 31, 2017 from $27.2 million for the three months ended March 31, 2016 due to a decrease in timber sales revenue of $1 million and a decrease in timberland sales revenue of $3.2 million.Net loss increased to...
yesterday

CatchMark Timber Trust formed a joint venture with MPERS to acquire North Georgia timberlands

CatchMark Timber Trust, Inc. has formed a joint venture with the Missouri Department of Transportation & Patrol Retirement System (MPERS), which acquired 11,031 acres of high-quality timberlands in North Georgia, known as the Dawsonville Package. Under terms of the 50-50 joint venture with MPERS...
yesterday

Potlatch Corporation reported 1Q net income of $16.9 million

Finance90  
Potlatch Corporation reported net income of $16.9 million, or $0.41 per diluted share, on revenues of $149.7 million for the 1Q ended March 31, 2017.Net income was $0.2 million, or $0.00 per diluted share, on revenues of $127.9 million in the 1Q 2016."Higher lumber prices continue to drive results i...
May 19, 2017

Rougier’s FY 2016 net sales down 9% to Euro 149.4 million

Finance117  
Rougier’s FY 2016 net sales accounted for Euro 149.4 million, compared to Euro 164.7 million in 2015, as the company said in the press release received by Lesprom Network.2016 EBITDA was Euro 8.9 million, compared to Euro 12.1 million in 2015.EBIT is negative, coming in at Euro (0.8) million, compar...
May 18, 2017

UPM and FSC® announce a global strategic partnership

UPM and the Forest Stewardship Council® (FSC) announce a global strategic partnership to develop solutions for advancing the uptake of FSC in the market. The partnership aims at delivering benefits to forest owners through FSC certification and to increase the FSC-certified wood supply.UPM has activ...
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