www.pulp-paperworld.com - Financial News
Friday, 09 December 2011 09:30
M-real’s results weaken in the 4Q 2011
M-real’s result will weaken clearly in the 4Q 2011 and statutory negotiations to prepare for low delivery volumes will be started in Finland M-real Corporation, a part of Metsäliitto Group, expected in connection to the 3Q 2011 result announcement that…
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Wednesday, 23 November 2011 08:23
Stora Enso extends revolving credit facility
Stora Enso has signed an extension of its existing EUR 700 million committed credit facility agreement with a syndicate of 16 banks announced on 14 December 2010. The extended facility matures in January 2015 and will be used as a…
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Tuesday, 22 November 2011 14:59
Metso’s Capital Markets Day 2011
Metso’s Capital Markets Day 2011 and assessment of the development for 2012 Metso is hosting a Capital Markets Day today, November 22, in London, UK. The event will feature management presentations covering areas such as Metso Group’s strategy, financial update…
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Friday, 18 November 2011 11:00
Kemira changes outlook for full-year 2011
Kemira changes outlook for full-year 2011 due to weakening market conditions Kemira's revenue and operative EBIT in the fourth quarter 2011 for Paper, Municipal & Industrial and Other segment are expected to be slightly lower than previously estimated. The exceptionally…
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Wednesday, 16 November 2011 15:30
ARCTIC PAPER S.A. 3rd quarter of 2011
Arctic Paper S.A., the second-largest European producer of bulky book paper and one of Europe’s leading producers of high-quality graphic paper, generated revenues in the 3rd quarter of 2011 of over PLN 641.4 million, 2.3% higher than in the same…
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Tuesday, 15 November 2011 11:00
Global Timber and Wood Products Market Update
Global hardwood pulp producers face higher wood fiber costs and lower pulp prices, reports the Wood Resource Quarterly Profit margins are being squeezed for many hardwood pulp producers worldwide with higher wood fiber costs and lower product prices. The hardwood…
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Monday, 07 November 2011 16:12
Verso Paper Corp. Reports Third Quarter 2011 Results
Verso Paper Corp. (NYSE: VRS) has reported financial results for the third quarter and nine months ended September 30, 2011. Results for the periods ended September 30, 2011 and 2010 include: Operating income increased 136% to $30.6 million in the…
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Monday, 07 November 2011 12:16
Roundwood Price Update: 3Q2011 Results
Despite increased demand and inventory building by mills, prices for roundwood in the US South continued their downward trend during the third quarter. Supply was not an issue as both delivered and stumpage prices fell despite the increased demand. Favorable…
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Monday, 31 October 2011 08:12
Clearwater Paper Reports Third Quarter 2011 Results
Clearwater Paper Corporation (NYSE:CLW) has reported financial results for the third quarter of 2011. The company reported net earnings of $8.6 million, or $0.37 per diluted share, for the third quarter of 2011, compared to net earnings of $15.0 million,…
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Thursday, 27 October 2011 12:40
DS Smith PLC Pre-Close Statement
DS Smith Plc, the international supplier of recycled packaging for consumer goods, today issues its pre-close statement for the half-year to 31 October 2011. DS Smith Group The encouraging overall trading reported in our IMS of 6 September 2011 has…
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Wednesday, 26 October 2011 12:00
New Zealand’s log exports to China account for one-third of the country’s timber harvest in 2011
Log exportation from New Zealand continues to rise at a record pace, with almost onethird of the country’s timber harvest being processed at sawmills in China. The high demand for logs from overseas has increased domestic sawlog prices to their…
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Monday, 24 October 2011 10:06
Stora Enso CEO Jouko Karvinen comments on third quarter 2011 results
“Solid quarter, measures to fight the economic reality continue and increase” “We finished the third quarter as planned. The business areas performed as expected, but associated companies underperformed, essentially due to currency impact. “In July we forecast rapidly increasing economic…
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Thursday, 20 October 2011 10:00
Sonoco Reports 2011 Third Quarter Results
Sonoco (NYSE: SON), one of the largest diversified global consumer and industrial packaging companies, today reported results for its third quarter ending October 2, 2011. Third Quarter Highlights Third quarter 2011 GAAP earnings per diluted share were $.76, compared with…
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Wednesday, 19 October 2011 10:00
Cascades to Release 2011 Third Quarter Financial Results on November 10
Kingsey Falls, Quebec, Cascades Inc. (TSX: CAS), a leader in the recovery of recyclable materials and the manufacturing of green packaging and tissue paper products, expects to release its 2011 third quarter results before the market open on Thursday, November…
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Monday, 17 October 2011 12:00
Lower Pulp and Fine Paper Deliveries in Europe had an Adverse Impact on UPM's Operating Profit
Lower pulp and fine paper deliveries in Europe had an adverse impact on UPM’s operating profit – Q3 operating profit excluding special items was EUR 137 million UPM’s pulp deliveries and fine paper deliveries in Europe during Q3 2011 were…
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