Brief: Canfor Pulp Products Inc Announces 2018 And Fourth Quarter Of 2018 Results

Canfor Pulp Products

21/02/2019 22:48

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

Source text for Eikon:  ID:nCNWyrfPJa 
Further company coverage:  CFX.TO 

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