Feb 11, 2013. /Lesprom Network/. Wausau Paper reported 4Q and full-year results for 2012. Full-year 2012 net earnings, excluding special items, were $10.8 million, or $0.22 per share compared with adjusted net earnings of $16.1 million, or $0.33 per diluted share a year ago. On a reported basis, full-year net losses of $0.08 per share compared to prior-year net earnings of $0.72 per diluted share, as the company said in a press release received by Lesprom Network. 4Q results, excluding special items, were a net loss of $1.5 million, or $0.03 per share. Prior-year 4Q results, excluding special items, were net earnings of $2.5 million, or $0.05 per diluted share. On a reported basis, 4Q net losses of $0.05 per share compared to net earnings of $0.50 per diluted share a year ago. The Tissue segment finished 2012 strong achieving 4% shipment growth, measured in cases, for the 4Q. 4Q adjusted operating profit was $10.2 million in 2012 compared to $10.4 million in 2011. Full-year adjusted operating profit in 2012 of $41.3 million, compared with $33.6 million last year, with Tissue’s full-year adjusted EBITDA margin at 20.1% compared to 18.9% in the prior year. For 2012, net sales increased 2.2%, as the volume of cases shipped grew 3.3% over the prior year and exceeded 16 million cases for the first time. By way of comparison, market demand for away-from-home towel and tissue products increased approximately 1.3%. The Paper segment reported a 4Q adjusted operating loss of $6.8 million, compared with a prior year adjusted operating profit of $0.7 million. For the full year, the Paper segment reported an adjusted operating loss of $1.4 million, compared with adjusted operating profit of $16.1 million in the prior year. Henry C. Newell, president and CEO, stated, “Over the last 18 months we have focused on generating cash to fund our $220 million Tissue expansion, constructing a new tissue machine and upgrading our converting infrastructure while maintaining a conservative approach to working capital and the overall balance sheet. This investment is about to begin delivering significant value and our expectations are high as we build momentum and deliver new premium recycled tissue products later this year. We are also taking the appropriate actions in our Paper segment to explore alternatives for this business and to evaluate our near-term options for our Brainerd operations.” Wausau Paper produces and markets specialty papers for industrial, commercial and consumer end markets as well as a complete line of away-from-home towel and tissue products.