May 10, 2014. /Lesprom Network/. Wausau Paper’s the first quarter resulted in a reported net loss of $4.4 million, or $0.09 per share. Prior-year first-quarter performance was a reported net loss of $3.7 million, or $0.08 per share. 4Q 2013 was a reported net loss of $7.8 million, or $0.16 per share. Excluding special items, the 4Q 2013 was an adjusted net loss of $0.3 million, or $0.00 per share, as the company said in the press release received by Lesprom Network. 

On a continuing operations basis, EBITDA and EBITDA margin for the first quarters of 2014 and 2013 were $5.6 million, or 7.3%, and $5.9 million, or 7.6%, respectively. EBITDA and EBITDA margin on an adjusted basis in the 4Q 2013 was $11.6 million, or 12.7%.

1Q net sales were relatively flat year-over-year at $77.5 million reported in 2014 compared to $78.2 million reported for the 1Q 2013. The 1Q of the year is historically the weakest quarter from a net sales and shipment perspective due to the seasonality of the away-from-home market. Net sales in the 4Q 2013 were $91.1 million.

Record overall 1Q shipments and shipment growth of 2.2% achieved as 1Q industry demand declined approximately 1%.

Wausau Paper produces and markets a complete line of away-from-home towel and tissue products.