Fortress Paper Ltd. reported 2Q 2017 operating EBITDA of $4.3 million, a decrease of $2 million relative to the comparative prior year period and a decrease of $3.2 million over the previous quarter.
The Dissolving Pulp Segment generated operating EBITDA of $3.5 million and the Security Paper Products Segment generated operating EBITDA of $2.8 million. Corporate costs included in operating EBITDA were $2 million.
Fortress Paper reports 2Q net loss of $2.1 million from income of $6.9 million a year earlier on sales down 1.6% to $86.6 million.
Fortress Paper operates internationally in two distinct business segments: dissolving pulp and security paper products.
