Finance

In the 2Q 2022, net sales were $1.2 billion, a decrease of $69 million, or 5% year-over-year. Gross profit was $201 million, a decrease of $50 million, or 20%, year-over-year, and gross margin was 16.3%, down 290 basis points year-over-year.

Louisiana-Pacific 2Q 2022 net sales decreased year-over-year by $38 million (or 3%). Income from continuing operations for the 2Q 2022 decreased year-over-year by $138 million (or 28%) to $348 million, or $4.28 per diluted share. Net sales for the first six months of 2022 increased year-over-year by $235 million (or 1...

Stella-Jones' 2Q 2022 sales amounted to $907 million, up from $903 million for the same period in 2021. Net income for the 2Q 2022 was $94 million, or $1.51 per share, compared to net income of $115 million, or $1.76 per share, in the corresponding period of 2021.

Masonite International's consolidated net sales were $762 million in the 2Q 2022, a 15% increase from $662 million in the 2Q 2021. Total company gross profit was $179 million in the 2Q 2022, an increase of 9% compared to $164 million in the 2Q 2021. Net income was $59 million in the 2Q 2022 compared to $35 million in t...

Graphic Packaging Holding Company's net sales increased 36% to $2,358 million in the 2Q 2022, compared to $1,737 million in the prior year period. EBITDA for the 2Q 2022 was $294 million, compared to $214 million in the prior year period.

WestRock Company's net sales increased $703 million, or 14.6%, year-over-year. Net income increased $128 million year-over-year to $378 million.

Interfor Corporation recorded net earnings in Q2’22 of $269.9 million, or $4.92 per share, compared to $397.0 million, or $6.69 per share in Q1’22 and $419.2 million, or $6.45 per share in Q2’21.

Resolute Forest Products Inc. reported net income for the 2Q 2022 of $256 million, or $3.29 per diluted share, compared to net income of $268 million, or $3.34 per diluted share, in the same period in 2021.

Western Forest Products Inc. reported net income of $38.6 million and adjusted EBITDA of $66.2 million in the 2Q 2022. Revenue grew by 6% in the 2Q 2022 as compared to the same period last year.

In the first six months of 2022, the Homag Group’s order intake increased by 18% compared to the already very high previous year’s figure to Euro 1,031 million (previous year: Euro 872 million).

Enviva's net revenue for the 2Q 2022 was $296.3 million as compared to $286.0 million and $285.0 million for the 2Q 2021 on a recast and non-recast basis, respectively.

Kadant Inc. reported its financial results for the 2Q ended July 2, 2022. Revenue increased 13% to $221.6 million compared to $195.8 million in 2021. Net income increased 14% to $26.2 million compared to $22.9 million in 2021.

Boise Cascade Company reported net income of $218.1 million, or $5.49 per share, on sales of $2.3 billion for the 2Q ended June 30, 2022, compared with net income of $302.6 million, or $7.62 per share, on sales of $2.4 billion for the 2Q ended June 30, 2021.

Packaging Corporation of America reported 2Q 2022 net income of $301 million, or $3.20 per share, and net income of $304 million, or $3.23 per share, excluding special items. 2Q net sales were $2.2 billion in 2022 and $1.9 billion in 2021.

Mercer International's total revenues in the 2Q 2022 increased by approximately 42% to $572.3 million from $401.8 million in the same quarter of 2021 primarily due to higher pulp sales volumes and higher pulp, energy and lumber sales realizations.

Weyerhaeuser Company reported 2Q 2022 net earnings of $788 million, or $1.06 per diluted share, on net sales of $3.0 billion. This compares with net earnings of $1.0 billion, or $1.37 per diluted share, on net sales of $3.1 billion for the same period last year and net earnings of $771 million for the 1Q 2022.

During the 2Q 2022, Acadian Timber Corp. generated sales of $16.5 million, compared to $19.4 million in the prior year period. During the first half of 2022, Acadian generated sales of $43.1 million compared to $45.3 million in the prior year period. The weighted average selling price, excluding biomass, increased 11%,...

International Paper's 2Q 2022 net sales increased by 13% to $5,389 million, compared to $4,770 million in the 2Q 2021. Net earnings (loss) were $511 million ($1.38 per diluted share) compared with $360 million ($0.95 per diluted share) in the 1Q 2022 and $432 million ($1.09 per diluted share) in the 2Q 2021.

West Fraser Timber's 2Q 2022 sales were $2.887 billion, compared to $3.110 billion in the 1Q 2022. 2Q earnings were $762 million, or $7.59 per diluted share, compared to $1,090 million, or $10.25 per diluted share in the 1Q 2022. 2Q Adjusted EBITDA1 was $1,124 million compared to $1,592 million in the 1Q 2022.

PotlatchDeltic Corporation reported net income of $120.2 million, or $1.72 per diluted share, on revenues of $359.6 million for the quarter ended June 30, 2022. Net income was $187.9 million, or $2.77 per diluted share, on revenues of $447.5 million for the quarter ended June 30, 2021.