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BRIEF-Canfor Pulp Products Inc Announces 2018 And Fourth Quarter Of 2018 Results

Published 2019-02-21, 05:48 p/m
© Reuters.  BRIEF-Canfor Pulp Products Inc Announces 2018 And Fourth Quarter Of 2018 Results
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Feb 21 (Reuters) - Canfor Pulp Products Inc CFX.TO :

* CANFOR PULP PRODUCTS INC. ANNOUNCES 2018 AND FOURTH QUARTER OF 2018 RESULTS AND QUARTERLY DIVIDEND

* CANFOR PULP PRODUCTS INC - QTRLY SALES C$289.7 MILLION VERSUS C$257.8 MILLION

* CANFOR PULP PRODUCTS INC - QTRLY NET INCOME PER SHARE $0.21

* CANFOR PULP PRODUCTS INC - REFLECTING WEAKER DEMAND FROM CHINA, GLOBAL SOFTWOOD PULP MARKET DEMAND WAS DOWN IN Q4 OF 2018

* CANFOR PULP PRODUCTS INC - QTRLY PULP PRODUCTION WAS DOWN 61,400 TONNES, OR 22%, FROM PREVIOUS QUARTER

* CANFOR PULP PRODUCTS - IN LATE DEC, CO CURTAILED PRODUCTION AT ITS TAYLOR BCTMP MILL FOR SEVEN DAYS IN FACE OF REDUCED RESIDUAL FIBRE AVAILABILITY

* CANFOR PULP PRODUCTS INC - QTRLY PULP SHIPMENTS WERE DOWN 31,700 TONNES, OR 12%, FROM PREVIOUS QUARTER

* CANFOR PULP PRODUCTS INC - NO MAINTENANCE OUTAGES PLANNED FOR Q1 OF 2019

* CANFOR PULP PRODUCTS INC - MAINTENANCE OUTAGES ARE CURRENTLY PLANNED AT INTERCONTINENTAL NBSK PULP MILL IN Q2 OF 2019

* CANFOR PULP PRODUCTS INC - BLEACHED KRAFT PAPER DEMAND IS EXPECTED TO REMAIN SOLID THROUGH Q1 OF 2019

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