Home News Financial News

Financial News

News - Financial News

Stella-Jones Inc. Announces Closing of Secondary Public Offering and Private Placement by Stella Jones International S.A.

Stella-Jones Inc. Announces Closing of Secondary Public Offering and Private Placement by Stella Jones International S.A.

Montreal, Quebec – August 14, 2018 - Stella-Jones Inc. (TSX: SJ) ("Stella-Jones" or the "Company") announced today that Stella Jones International S.A. ("SJ International") has completed its previously announced secondary public offering pursuant to which SJ International sold, on a bought deal basis, to a syndicate of underwriters, led by TD Securities Inc., as sole bookrunner, 8,445,911 common shares of the Company at a price of $40.63 per common share (the "Public Offering"), as well as its previously announced private placement pursuant to which SJ International sold to British  Columbia Investment Management Corporation (BCI), the Caisse de dépôt et placement du Québec, the Fonds de solidarité FTQ, GPI Capital, OMERS, the defined benefit pension plan for Ontario's municipal employees, and the Company's President and Chief Executive Officer, Brian McManus, an aggregate of 13,126,925 common shares of the Company at a price of $40.63 per common share (the "Private Placement"). TD Securities Inc. acted as sole bookrunner and sole agent on the Private Placement. The Company did not receive any proceeds from the Public Offering or the Private Placement.

Read more...
 
News - Financial News

Domtar Declares Regular Quarterly Dividend

Domtar Declares Regular Quarterly Dividend

Domtar Corporation today announced that its Board of Directors has declared a quarterly dividend on its common stock (NYSE: UFS) (TSX: UFS). The dividend of US$0.435 per ...

Read more...
News - Financial News

Sappi delivers solid profit during third quarter while concluding key expansion projects

Sappi delivers solid profit during third quarter while concluding key expansion projects

Financial summary for the quarter to end June 2018

  • Profit for the period US$51 million (Q3 2017 US$58 million).
  • Net debt US$1,603 million, down US$29 million on the prior q...
Read more...
News - Financial News

Orchids Paper Products Company Announces Second Quarter 2018 Results

Orchids Paper Products Company Announces Second Quarter 2018 Results

BRENTWOOD, Tenn., Aug. 9, 2018 -- Orchids Paper Products Company (NYSE American: TIS), a national supplier of high-quality consumer tissue products, today reported results...

Read more...
News - Financial News

Suzano Papel e Celulose - 2Q18 Results

Suzano Papel e Celulose - 2Q18 Results

Adjusted EBITDA¹ in 2Q18 of R$1,449/ton, leading the industry

São Paulo, August 9, 2018. Suzano Papel e Celulose (B3: SUZB3), one of the largest integrated pulp and paper p...

Read more...
News - Financial News

Cascades Announces Strong Results for the Second Quarter of 2018

Cascades Announces Strong Results for the Second Quarter of 2018
  • Solid containerboard fundamentals and improved operating efficiencies supporting positive outlook for 2018
  • Strategic investments improving competitiveness of core business...
Read more...
News - Financial News

KP Tissue Releases Second Quarter 2018 Financial Results

KP Tissue Releases Second Quarter 2018 Financial Results

August 9, 2018 at 7:00 AM EDT

Strong revenue growth offset by continued cost headwinds

MISSISSAUGA, Ontario, Aug. 09, 2018 -- KP Tissue Inc. (KPT) (TSX:KPT) reports the Q2 2...

Read more...
News - Financial News

Verso Corporation Reports Second Quarter 2018 Financial Results

Verso Corporation Reports Second Quarter 2018 Financial Results

MIAMISBURG, Ohio, Aug. 8, 2018 -- Verso Corporation (NYSE: VRS) today reported financial results for the second quarter of 2018.

Second Quarter 2018 Highlights:

  • Net sales up...
Read more...
News - Financial News

Neenah Reports Second Quarter 2018 Results

Neenah Reports Second Quarter 2018 Results

Quarterly sales of $271 million; E.P.S. of $(0.29) per share, Adjusted E.P.S. of $1.18

ALPHARETTA, Ga., Aug. 7, 2018 -- Neenah, Inc. (NYSE: NP) today reported 2018 second q...

Read more...
News - Financial News

Fortress Global Enterprises Reports Second Quarter 2018 Results

Fortress Global Enterprises Reports Second Quarter 2018 Results

Vancouver, British Columbia, August 7, 2018

Second Quarter 2018 Consolidated Results

Fortress Global Enterprises Inc. ("Fortress Global Enterprises" or the "Company") (TSX:...

Read more...
News - Financial News

Glatfelter Reports Second Quarter 2018 Results

Glatfelter Reports Second Quarter 2018 Results

YORK, Pennsylvania – July 31, 2018 – Glatfelter (NYSE: GLT) today reported a net loss of $7.4 million, or $0.17 per share for the second quarter of 2018 compared with a ne...

Read more...
News - Financial News

68% growth in Europac net profit

68% growth in Europac net profit
  • In the first half of 2018, net profit stood at 54.5 million euros, while aggregate turnover was 640.6 million euros, 13.6% higher than a year ago
  • The consolidated and recu...
Read more...
News - Financial News

Mercer International Inc. Reports Strong 2018 Second Quarter Results and Announces Quarterly Cash Dividend of $0.125

Mercer International Inc. Reports Strong 2018 Second Quarter Results and Announces Quarterly Cash Dividend of $0.125

Selected Highlights

  • Major Annual Maintenance totaling 37 days (55,400 ADMTs) completed at Celgar and Stendal mills
  • Strong pulp and lumber price realizations in the quarter
  • S...
Read more...
News - Financial News

Rayonier Advanced Materials Reports Second Quarter 2018 Results

Rayonier Advanced Materials Reports Second Quarter 2018 Results
  • Second quarter 2018 net income of $54 million and adjusted EBITDA of $106 million
  • Year to date diluted earnings per share of $1.22 and adjusted net income per share of $0....
Read more...
News - Financial News

Interfor Reports Q2’18 Results

Interfor Reports Q2’18 Results
  • Record EBITDA(1) of $124 million on Sales of $620 million
  • Operating Cash Flow(1) of $1.76 per share
  • 49% Annualized Return on Invested Capital
  • US$240 million of New Strategic...
Read more...
News - Financial News

Interim Mondi Group - Half-yearly results for the six months ended 30 June 2018

Interim Mondi Group - Half-yearly results  for the  six months ended 30 June 2018

Highlights

  • Strong financial performance
          • Underlying EBITDA of €852 million, up 17%, with margin of 22.9%
          • Profit before tax of €490 million, up 6%       • Basic...
Read more...
News - Financial News

Metsä Group’s comparable operating result in January–June 2018 was EUR 418 million

Metsä Group’s comparable operating result in January–June 2018 was EUR 418 million

Metsä Group Half Year Financial Report 1 January–30 June 2018, 2 August 2018 at 12:00 noon EEST

January–June 2018 (1–6/2017)

  • Sales were EUR 2,904 million (1–6/2017: 2,451)....
Read more...
  • «
  •  Start 
  •  Prev 
  •  1 
  •  2 
  •  3 
  •  4 
  •  5 
  •  6 
  •  7 
  •  8 
  •  9 
  •  10 
  •  Next 
  •  End 
  • »
Page 1 of 15
paptac-portal
subscription-enewsletter
access-enewsletters
New Job Postings
buckman banner
Paper & Beyond

fpinnovations banner
kadant banner

Precision Roll Grinders

buckman banner
Xerium Banner

Specialty Papers

Cristini Banner
Paper Advance Banner