www.pulp-paperworld.com - Financial News
Wednesday, 14 November 2012 09:11
Reorganization drives Q3 profit for Catalyst Paper
A significant one-time credit arising from reorganization gains and “fresh-start accounting” valuation adjustments resulted in third quarter net earnings of $655.7 million for Catalyst Paper. The company emerged from creditor protection on September 13, 2012 with significant debt and cost-structure…
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Tuesday, 06 November 2012 21:15
Rottneros – Share suspended from trading
The Rottneros share was suspended from trading today, Tuesday 6 November 2012, at 10.14 on the initiative of NASDAQ OMX Stockholm. It is expected that further information will be provided before the stock exchange opens in the morning, Wednesday 7 November 2012.…
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Tuesday, 06 November 2012 08:30
ANDRITZ GROUP with solid business development
International technology Group ANDRITZ showed solid business development during the third quarter of 2012 and the first three quarters of 2012: § In the third quarter of 2012, sales amounted to 1,265.5 MEUR, which is an increase of 7.9% compared…
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Monday, 05 November 2012 21:32
Wood costs for pulp mills and sawmills in Brazil have fallen
Pulp mills and sawmills in Brazil became more competitive in 2012, because the costs for the wood raw-material, which accounts for about 70 percent of the production costs,have declined by over 20 percent since 2011, according to the Wood Resource…
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Monday, 05 November 2012 10:30
Lenzing Issues EUR 200 Mn German Private Placement
Lenzing AG, global market leader in the production of man-made cellulose fibers, has successfully issued and placed a German Private Placement (Schuldschein) to the amount of EUR 200 mn (senior debt, unsecured) on the debt capital market. Lenzing AG was…
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Monday, 05 November 2012 09:30
Resolute Reports Preliminary Third Quarter 2012 Results
Resolute Forest Products has reported net income of $31 million for the third quarter, or $0.32 per diluted share, on sales of $1.2 billion. This compares with a net loss of $44 million, or $(0.46) per share, on sales of…
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Monday, 05 November 2012 08:26
SCA Capital Market Day focuses on profitability
SCA – the hygiene and forest company – is holding a CMD in Stockholm. The Group-wide financial targets and strategy remains with a focus on efficiency, innovation, growth and sustainability. The target for return on capital employed for Tissue and…
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Friday, 02 November 2012 08:56
UPM-Kymmene Corporation has launched arbitration proceedings against Metsä Board Corporation
Metsä Board Corporation, a part of Metsä Group, divested on 3 May 2012 a 7.3 percentage point shareholding in Metsä Fibre Oy to Japan-based Itochu Corporation for EUR 138 million. At the same time Metsäliitto Cooperative, divested 17.6 percentage points…
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Thursday, 01 November 2012 11:30
Metsä Board Corporation’s operating result excluding non-recurring items
Metsä Board Corporation Interim Report 1 January–30 September 2012, 1 November 2012 at 12 noon Result for January–September 2012 Sales were EUR 1,599 million (Q1–Q3/2011: 1,961). The operating result excluding non-recurring items was EUR 49 million (81). The operating result…
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Thursday, 01 November 2012 08:30
Norske Skog, Third quarter 2012: Good cash flow and lower debt
Good capacity utilisation, with high export levels and lower costs, counteracted the effects of the weak market development in Europe and Australia. The significant reduction in debt was a result of strong cash flow. Gross operating earnings in the third…
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Wednesday, 31 October 2012 10:00
Ahlstrom announces price increases for its filtration materials worldwide
Ahlstrom, a global leader in high performance materials, announces price increases in the first quarter of 2013 for its filtration materials globally as a consequence of the continued high level of raw materials prices, such as specialty fibers, chemicals and…
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Wednesday, 31 October 2012 07:13
Clariant progresses while global economy deteriorates further
CEO Hariolf Kottmann: “Given the further deterioration of the global economy, in which slower emerging markets growth could not offset anymore a weakening in Europe, Clariant achieved a solid performance in the last three months. This was driven by a…
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Tuesday, 30 October 2012 22:23
KapStone Reports Record Third Quarter Results
KapStone Paper and Packaging Corporation has reported results for the third quarter ended September 30, 2012. Net sales of $310 million up $94 million, or 44 percent, versus prior year Net income of $18 million up $2 million, or 13 percent, versus 2011 Adjusted EBITDA of $49 million up $7 million,…
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Tuesday, 30 October 2012 11:00
Wausau Paper Announces Third-Quarter Results
Wausau Paper (NYSE:WPP) has reported that: Excluding special items, third-quarter adjusted net earnings from continuing operations were $0.06 per diluted share, compared to adjusted net earnings of $0.12 per diluted share during the same period last year. Net earnings from continuing operations, excluding special items, for…
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Tuesday, 30 October 2012 08:30
Catalyst Paper Third Quarter 2012 Earnings Conference Call Nov 14, 2012
Catalyst Paper Corporation will hold a conference call on Wednesday November 14 at 8:00 a.m. Pacific, 11:00 a.m. Eastern, to review the Company's quarterly results which will be released on Tuesday November 13, 2012. To access the LIVE WEBCAST click HERE…
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