Canfor Pulp Products Inc logo

CFX - Canfor Pulp Products Inc News Story

C$5.58 0.1  2.4%

Last Trade - 07/08/20

Sector
Basic Materials
Size
Small Cap
Market Cap £208.4m
Enterprise Value £206.5m
Revenue £567.2m
Position in Universe 405th / 2679

BRIEF-Canfor Pulp Products Inc Says Qtrly Loss Per Share C$0.30

Thu 20th February, 2020 11:12pm
Feb 20 (Reuters) - Canfor Pulp Products Inc  CFX.TO :
    * ANNOUNCES 2019 AND FOURTH QUARTER 2019 RESULTS AND
QUARTERLY
DIVIDEND
    * QTRLY SALES C$247.5 MILLION VERSUS C$289.7 MILLION 
    * QTRLY LOSS PER SHARE C$0.30
    * Q4 EARNINGS PER SHARE VIEW C$-0.23, REVENUE VIEW C$254.5
MILLION
-- REFINITIV IBES DATA
    * QTRLY SALES $247.5 MILLION VERSUS $289.7 MILLION
    * PULP PRODUCTION WAS 286,000 TONNES FOR Q4 OF 2019, UP
112,000
TONNES, OR 64%, FROM PREVIOUS QUARTER
    * POTENTIAL IMPACT OF EMERGING CORONAVIRUS ON GLOBAL PULP
DEMAND,
PARTICULARLY FROM CHINA, IS UNCERTAIN
    * CANFOR PULP PRODUCTS - BLEACHED KRAFT PAPER DEMAND IS
CURRENTLY
ANTICIPATED TO STABILIZE IN H1 2020
    * COMPANY IS NOT CURRENTLY ANTICIPATING ANY MATERIAL
FIBRE-RELATED
CURTAILMENTS IN 2020
    * COMPANY HAS NO MAINTENANCE OUTAGES PLANNED FOR Q1 OF 2020

Source text for Eikon:  ID:nCNWLxP2Xa 
Further company coverage:  CFX.TO 

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