Earnings Projections – Wood Markets News

February 9, 2018

In 2017, Italian woodworking machine tools production value increases 11.6% to Euro 2.29 billion

In 2017, Italian woodworking machine tools producers achieved a production value of Euro 2.29 billion, up by 11.6% compared to the previous year, according to the preliminary figures processed by the Studies Office of Acimall, the Confindustria member association representing industry companies.The...
January 26, 2018

Stora Enso to record Q4 items affecting comparability of about Euro 29 million total negative impact on operating profit

Stora Enso will record items affecting comparability (IAC) with a negative total impact of approximately Euro 29 million on its operating profit and a positive impact of approximately Euro 4 million on income tax in the 4Q 2017.The IAC relate mainly to the disposal of Puumerkki, a specialised wholes...
January 24, 2018

Stella-Jones provides preliminary results for 2017 in light of changes to U.S. federal corporate income tax rate

Stella-Jones Inc. provided preliminary unaudited results for the 4Q and fiscal year ended December 31, 2017, as the company said in the press release received by Lesprom Network. Stella-Jones is providing this update to inform of the impact on financial results stemming from recent changes...
January 12, 2018

VPK Packaging Group to invest in a new paper machine

VPK Packaging Group plans to invest in a new paper machine for light weight recycled containerboard to strengthen its sustainable resource management, as the company says in the press release received by Lesprom Network.Following acquisitions and organic growth, VPK’s packaging division has experien...
January 11, 2018

Metsä Board’s 4Q sales accounted for around Euro 451 million

Due to suspected information security breach Metsä Board Corporation announces preliminary information on sales and profitability in the 4Q 2017.In the 4Q 2017, sales were approximately Euro 451 million, comparable operating result was approximately Euro 54 million and earnings per share were approx...
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