Finance – Wood Markets News

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BillerudKorsnäs 1Q EBITDA decreased by 9%

BillerudKorsnäs' 1Q 2017 operating profit SEK 550 million ($61.8 million) falls short of its expectations. This is due to the ramp up of Rockhammar after the rebuild in 2016 and quality costs emanating from production disturbances during the second half of 2016, as the company said in the press rele...
April 21, 2017

Clearwater Paper reports 1Q net sales of $437.5 million

Clearwater Paper Corporation reported financial results for the 1Q 2017.The company reported net sales of $437.5 million for the 1Q 2017, essentially flat with net sales of $437.2 million for the 1Q 2016.Net earnings determined in accordance with generally accepted accounting principles, or GAAP, fo...
April 18, 2017

China Wood Optimization FY 2016 revenue down 20.2%

China Wood Optimization (Holding) Limited, an advanced new technology group engaged in the processing, manufacturing and sales of wood products, has announced its annual results for the year ended 31 December 2016 (FY 2016). During the period under review, the Group’s revenue was approximat...
April 17, 2017

Heinzel Group's FY 2016 sales revenue up 19.1% to Euro 1.76 billion

The Heinzel Group can again reflect upon a successful financial year in 2016 during which it was able to increase markedly both its production and trading volumes, and thus raise its consolidated sales revenues by 19.1% to Euro 1.76 billion.At Euro 78.6 million, the 2016 operating result (EBIT) was ...
April 14, 2017

Segezha Group’s FY 2016 revenue grew by 30.5%

Segezha Group’s revenue for FY 2016 grew by 30.5% year-on-year to RUB 43 billion ($764 million); in 4Q 2016, revenue grew by 36.3% to RUB 11.1 billion ($197 million), as the company said in the press release received by Lesprom Network.Revenue for the full year 2016 grew due to increased production ...
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