Further to Canfor Corporation’s (TSX:CFP) announcement on June 17, 2020, its 70%- owned subsidiary, Vida Group, has today completed the purchase of three sawmills located in Sweden from Bergs Timber.
https://www.canfor.com/docs/default-source/news-2020/canfor-subsidiary-closes-bergs-acquisition.pdf?sfvrsn=330fee91_2
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Q4/2021 (year-on-year) *Sales increased by 26.3% to EUR 2,719 (2,154) million. *Operational EBIT increased to EUR 426 (118) million. *Operational EBIT margin increased to 15.7% (5.5%). *Operating profit (IFRS) increased to EUR 839 (289) million including the positive impact from the valuation of biological assets. *Strong cash flow from operations amounted to EUR 619 (436) million. Cash flow after investing activities was EUR 424 (223) million. *The net debt to operational EBITDA ratio improved to 1.1 (2.3). The target is to keep the ratio below 2.0. Year 2021 (year-on-year) *Sales were EUR 10,164 (8,553) million. *Operational EBIT more than doubled to EUR 1,528 (650) million.
For the first quarter of 2023, Clearwater Paper reported net sales of $525 million, an 8% increase compared to net sales of $488 million for the first quarter of 2022. Net income for the first quarter of 2023 was $24 million, or $1.40 per diluted share, compared to net income for the first quarter of 2022 of $17 million, or $0.97 per diluted share. On a non-GAAP basis, Clearwater Paper reported adjusted net income in the first quarter of 2023 of $25 million, or $1.47 per diluted share, compared to first quarter 2022 adjusted net income of $18 million, or $1.03 per diluted share.
Brazil’s Suzano Papel e Celulos closed a deal to acquire a majority stake in Amazonian paper factory Facepa for 310 million reais ($95 million), the wood pulp and paper maker said on Monday in a securities filing. Suzano said it had agreed to buy 92.84 percent of total shares and 99.99 percent of common shares in the company, which manufactures paper towels, napkins, diapers and tissue in factories in Belem and Fortaleza with total capacity of 50,000 tonnes per year. The price is subject to adjustments, Suzano said in the filing.